Shriram ELSS Tax Saver Fund - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : ELSS

Scheme Objective

The primary investment objective of the Scheme is to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and enable investors to avail the income tax rebate, as permitted from time to time.

Scheme Details

Fund manager(s) – Prateek Nigudkar , Deepak Ramaraju , Sudip Suresh More
Launch date – 25-Jan-2019
Expense ratio – 2.33% as declared on 31-Aug-2025 (category average is 1.88%)
Benchmark - Nifty 500 TRI

Min SIP amount - ₹500
Min investment amount (one time- first time) - ₹500
Min investment amount (addtional purchase) - ₹500
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Data not available.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

47.42

0.00

0.00%

Aug - 2025	47.42	0.00%
Jul - 2025	49.21	0.00%
Jun - 2025	50.71	0.00%
May - 2025	48.76	0.00%
Apr - 2025	48.14	0.00%
Mar - 2025	47.89	0.00%
Feb - 2025	44.32	0.00%
Jan - 2025	47.53	0.00%

2024

54.59

0.00

0.00%

Dec - 2024	54.59	0.00	0.00%
Nov - 2024	53.51	0.00	0.00%
Oct - 2024	54.03	0.00	0.00%
Sep - 2024	57.19	0.00	0.00%
Aug - 2024	56.62	0.00	0.00%
Jul - 2024	56.80	0.00	0.00%
Jun - 2024	54.22	0.00	0.00%
May - 2024	51.18	225918.37	0.02%
Apr - 2024	49.62	224447.92	0.02%
Mar - 2024	47.33	215733.68	0.02%
Feb - 2024	47.16	211315.08	0.02%
Jan - 2024	46.62	206353.50	0.02%

2023

44.14

202269.65

0.02%

Dec - 2023	44.14	202269.65	0.02%
Nov - 2023	41.62	189848.40	0.02%
Oct - 2023	38.43	176832.72	0.02%
Sep - 2023	39.66	181500.96	0.02%
Aug - 2023	38.95	177892.68	0.02%
Jul - 2023	40.50	178192.13	0.02%
Jun - 2023	39.90	172211.10	0.02%
May - 2023	38.52	164815.48	0.02%
Apr - 2023	37.59	158904.44	0.02%
Mar - 2023	36.66	151907.17	0.02%
Feb - 2023	36.69	150529.10	0.02%
Jan - 2023	37.00	151722.94	0.02%

2022

38.56

155162.38

0.02%

Dec - 2022	38.56	155162.38	0.02%
Nov - 2022	41.80	159241.35	0.03%
Oct - 2022	41.76	155754.86	0.03%
Sep - 2022	40.48	149928.78	0.03%
Aug - 2022	41.99	154084.09	0.03%
Jul - 2022	41.31	148373.94	0.03%
Jun - 2022	38.66	134666.43	0.03%
May - 2022	40.40	141265.38	0.03%
Apr - 2022	42.56	146552.48	0.03%
Mar - 2022	43.00	148040.08	0.03%
Feb - 2022	41.72	141131.81	0.03%
Jan - 2022	45.68	147053.56	0.03%

2021

45.57

148232.86

0.03%

Dec - 2021	45.57	148232.86	0.03%
Nov - 2021	44.82	144753.62	0.03%
Oct - 2021	46.05	148577.02	0.03%
Sep - 2021	45.48	147829.39	0.03%
Aug - 2021	43.72	144267.68	0.03%
Jul - 2021	40.36	136960.26	0.03%
Jun - 2021	39.70	133939.01	0.03%
May - 2021	38.58	130955.85	0.03%
Apr - 2021	36.84	123640.14	0.03%
Mar - 2021	36.56	123199.95	0.03%
Feb - 2021	35.25	120899.33	0.03%
Jan - 2021	33.36	112583.71	0.03%

2020

34.22

115739.83

0.03%

Dec - 2020	34.22	115739.83	0.03%
Nov - 2020	31.93	108779.40	0.03%
Oct - 2020	28.80	97909.68	0.03%
Sep - 2020	28.03	95751.81	0.03%
Aug - 2020	28.02	96606.63	0.03%
Jul - 2020	27.26	92428.35	0.03%
Jun - 2020	25.32	87892.67	0.03%
May - 2020	23.25	81475.88	0.03%
Apr - 2020	23.78	83177.04	0.03%
Mar - 2020	21.35	72871.55	0.03%
Feb - 2020	25.54	94083.33	0.03%
Jan - 2020	25.72	98551.37	0.03%

Tax Rate

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakhs in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Contact Details

Shriram Asset Management Co. Ltd.

511-512, Meadows, Sahar Plaza, J.B. Nagar, Andheri (East) Mumbai 400059
Tel no.: 022-69473400
Fax no.: 033-23373014
Website.: https://www.shriramamc.in

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hunch
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32 days ago

JMFLEXICAPfund regular is howing worst performance. bought at 107.693 in jly 24 and now 97.43 how to shuffle and compensate loss View more

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  JMFLEXICAPfund regular is howing worst performance. bought at 107.693 in jly 24 and now 97.43 how to shuffle and compensate loss
  
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shravanashok
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48 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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4 hrs ago

Boost Your Portfolio with Steady Returns MUTHOOTTU MINI FINANCIERS LTD – 2030 Bond ✔️ Coupon: 10.25% p.a. ✔️ Rating: ICRA A Stable ✔️ Tenor: 4y 11m (Maturity: 29/Aug/2030) ✔️ Senior Secured | NBFC Bond | High Return | Listed Enjoy attractive yields from a secured NBFC bond backed by a stable credit profile. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJhbll3PT0=/1025-muthoottu-mini-financiers-ltd-2030?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Boost Your Portfolio with Steady Returns MUTHOOTTU MINI FINANCIERS LTD – 2030 Bond ✔️ Coupon: 10.25% p.a. ✔️ Rating: ICRA A Stable ✔️ Tenor: 4y 11m (Maturity: 29/Aug/2030) ✔️ Senior Secured | NBFC Bond | High Return | Listed Enjoy attractive yields from a secured NBFC bond backed by a stable credit profile. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJhbll3PT0=/1025-muthoottu-mini-financiers-ltd-2030?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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sunny85deol
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98 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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Progrowth Finwealth
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99 days ago

Hi Sunny, what is he period of holding and also any particular reson for withdrawl out of these two funds that have grown over a period of time View more | 1

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h_purandare
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104 days ago

Why are the NAVs of Indian Debt Mutual Funds going down after the rate cut View more

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