Previously Known As : Shriram Long Term Equity Fund
Shriram Elss Tax Saver Fund Datagrid
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 36
Rating
Growth Option 04-12-2025
NAV ₹21.42(R) -0.58% ₹24.2(D) -0.57%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular -6.12% 9.6% 11.5% -% -%
Direct -4.6% 11.42% 13.43% -% -%
Nifty 500 TRI 3.82% 15.22% 17.88% 15.87% 14.96%
SIP (XIRR) Regular 5.97% 7.43% 8.54% -% -%
Direct 7.67% 9.23% 10.4% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.29 0.14 0.31 -6.41% 0.04
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
15.09% -23.62% -23.22% 1.01 11.56%
Fund AUM As on: 30/06/2025 49 Cr
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Hdfc Taxsaver 1
Whiteoak Capital Elss Tax Saver Fund 2
Sbi Long Term Equity Fund 3
Mirae Asset ELSS Tax Saver Fund 4
ITI ELSS Tax Saver Fund 5
ICICI Prudential ELSS Tax Saver Fund 6
Parag Parikh ELSS Tax Saver Fund 7
JM ELSS Tax Saver Fund 8

NAV Date: 04-12-2025

Scheme Name NAV Rupee Change Percent Change
Shriram ELSS Tax Saver Fund - Regular Growth 21.42
-0.1300
-0.5800%
Shriram ELSS Tax Saver Fund - Regular-IDCW 21.42
-0.1300
-0.5800%
Shriram ELSS Tax Saver Fund - Direct- IDCW 24.02
-0.1400
-0.5700%
Shriram ELSS Tax Saver Fund - Direct Growth 24.2
-0.1400
-0.5700%

Review Date: 04-12-2025

Beginning of Analysis

Shriram ELSS Tax Saver Fund is the 35th ranked fund in the ELSS (Tax Saving) Fund category. The category has total 35 funds. The Shriram ELSS Tax Saver Fund has shown a very poor past performence in ELSS (Tax Saving) Fund. The fund has a Jensen Alpha of -6.41% which is lower than the category average of 1.0%, showing poor performance. The fund has a Sharpe Ratio of 0.29 which is lower than the category average of 0.78.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
ELSS (Tax Saving) Mutual Funds are ideal for taxpayers seeking to save taxes under Section 80C while aiming for long-term wealth creation through equity investments. These funds offer a tax deduction of up to ₹1.5 lakh per financial year and have the shortest lock-in period of 3 years among all Section 80C options. However, being equity-oriented, they are subject to market risks and do not offer guaranteed returns. Investors should have a long-term investment horizon and a moderate to high risk tolerance to invest in ELSS funds. Additionally, the tax implications of long-term capital gains should be considered.

Shriram ELSS Tax Saver Fund Return Analysis

The Shriram ELSS Tax Saver Fund has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its ELSS (Tax Saving) Fund peers and the Nifty 500 TRI benchmark. This analysis examines the fund’s returns over periods ranging from one month to ten years, alongside its Systematic Investment Plan (SIP) performance, highlighting its rankings within the ELSS (Tax Saving) Fund category and its ability to outperform or underperform the benchmark and category averages.

  • The fund has given a return of 0.16%, 4.13 and 4.59 in last one, three and six months respectively. In the same period the category average return was 0.07%, 3.06% and 4.05% respectively.
  • Shriram ELSS Tax Saver Fund has given a return of -4.6% in last one year. In the same period the Nifty 500 TRI return was 3.82%. The fund has given 8.42% less return than the benchmark return.
  • The fund has given a return of 11.42% in last three years and rank 37th out of 37 funds in the category. In the same period the Nifty 500 TRI return was 15.22%. The fund has given 3.8% less return than the benchmark return.
  • Shriram ELSS Tax Saver Fund has given a return of 13.43% in last five years and category average returns is 18.82% in same period. The fund ranked 31st out of 33 funds in the category. In the same period the Nifty 500 TRI return was 17.88%. The fund has given 4.45% less return than the benchmark return.
  • The fund has given a SIP return of 7.67% in last one year whereas category average SIP return is 10.86%. The fund one year return rank in the category is 34th in 41 funds
  • The fund has SIP return of 9.23% in last three years and ranks 37th in 37 funds. Whiteoak Capital Elss Tax Saver Fund has given the highest SIP return (20.66%) in the category in last three years.
  • The fund has SIP return of 10.4% in last five years whereas category average SIP return is 15.2%.

Shriram ELSS Tax Saver Fund Risk Analysis

  • The fund has a standard deviation of 15.09 and semi deviation of 11.56. The category average standard deviation is 13.0 and semi deviation is 9.54.
  • The fund has a Value at Risk (VaR) of -23.62 and a maximum drawdown of -23.22. The category average VaR is -16.63 and the maximum drawdown is -17.35.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in ELSS (Tax Saving) Fund Category
  • Good Performance in ELSS (Tax Saving) Fund Category
  • Poor Performance in ELSS (Tax Saving) Fund Category
  • Very Poor Performance in ELSS (Tax Saving) Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.03 0.33
    -0.03
    		-3.37 | 1.66 23 | 40 Average
    3M Return % 3.72 4.18
    2.74
    		-3.12 | 6.00 12 | 40 Good
    6M Return % 3.76 4.72
    3.46
    		-5.35 | 7.14 19 | 40 Good
    1Y Return % -6.12 3.82
    0.62
    		-14.39 | 7.49 37 | 40 Poor
    3Y Return % 9.60 15.22
    15.56
    		9.60 | 22.19 37 | 37 Poor
    5Y Return % 11.50 17.88
    17.48
    		11.50 | 23.76 33 | 33 Poor
    1Y SIP Return % 5.97
    9.56
    		-2.10 | 15.99 33 | 40 Poor
    3Y SIP Return % 7.43
    14.16
    		7.43 | 18.83 37 | 37 Poor
    5Y SIP Return % 8.54
    13.93
    		8.54 | 19.59 33 | 33 Poor
    Standard Deviation 15.09
    13.00
    		9.37 | 18.83 32 | 36 Poor
    Semi Deviation 11.56
    9.54
    		6.79 | 14.82 33 | 36 Poor
    Max Drawdown % -23.22
    -17.35
    		-25.67 | -9.56 33 | 36 Poor
    VaR 1 Y % -23.62
    -16.63
    		-24.68 | -10.74 35 | 36 Poor
    Average Drawdown % -7.15
    -6.96
    		-10.68 | -3.86 22 | 36 Average
    Sharpe Ratio 0.29
    0.78
    		0.29 | 1.31 36 | 36 Poor
    Sterling Ratio 0.31
    0.61
    		0.31 | 0.92 36 | 36 Poor
    Sortino Ratio 0.14
    0.38
    		0.14 | 0.70 36 | 36 Poor
    Jensen Alpha % -6.41
    1.00
    		-6.41 | 7.37 36 | 36 Poor
    Treynor Ratio 0.04
    0.11
    		0.04 | 0.18 36 | 36 Poor
    Modigliani Square Measure % 9.06
    16.70
    		9.06 | 24.77 36 | 36 Poor
    Alpha % -5.79
    0.05
    		-5.79 | 8.61 36 | 36 Poor
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.16 0.33 0.07 -3.28 | 1.73 24 | 41 Average
    3M Return % 4.13 4.18 3.06 -2.85 | 6.44 11 | 41 Very Good
    6M Return % 4.59 4.72 4.05 -4.73 | 7.84 19 | 41 Good
    1Y Return % -4.60 3.82 1.80 -13.20 | 8.16 38 | 41 Poor
    3Y Return % 11.42 15.22 16.83 11.42 | 23.01 37 | 37 Poor
    5Y Return % 13.43 17.88 18.82 12.68 | 25.57 31 | 33 Poor
    1Y SIP Return % 7.67 10.86 -0.81 | 17.11 34 | 41 Poor
    3Y SIP Return % 9.23 15.44 9.23 | 20.66 37 | 37 Poor
    5Y SIP Return % 10.40 15.20 10.40 | 20.39 33 | 33 Poor
    Standard Deviation 15.09 13.00 9.37 | 18.83 32 | 36 Poor
    Semi Deviation 11.56 9.54 6.79 | 14.82 33 | 36 Poor
    Max Drawdown % -23.22 -17.35 -25.67 | -9.56 33 | 36 Poor
    VaR 1 Y % -23.62 -16.63 -24.68 | -10.74 35 | 36 Poor
    Average Drawdown % -7.15 -6.96 -10.68 | -3.86 22 | 36 Average
    Sharpe Ratio 0.29 0.78 0.29 | 1.31 36 | 36 Poor
    Sterling Ratio 0.31 0.61 0.31 | 0.92 36 | 36 Poor
    Sortino Ratio 0.14 0.38 0.14 | 0.70 36 | 36 Poor
    Jensen Alpha % -6.41 1.00 -6.41 | 7.37 36 | 36 Poor
    Treynor Ratio 0.04 0.11 0.04 | 0.18 36 | 36 Poor
    Modigliani Square Measure % 9.06 16.70 9.06 | 24.77 36 | 36 Poor
    Alpha % -5.79 0.05 -5.79 | 8.61 36 | 36 Poor
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Shriram Elss Tax Saver Fund NAV Regular Growth Shriram Elss Tax Saver Fund NAV Direct Growth
    04-12-2025 21.4197 24.1992
    03-12-2025 21.4156 24.1935
    02-12-2025 21.5454 24.339
    01-12-2025 21.676 24.4854
    28-11-2025 21.6801 24.4868
    27-11-2025 21.6809 24.4867
    26-11-2025 21.7363 24.5481
    25-11-2025 21.5092 24.2906
    24-11-2025 21.5234 24.3055
    21-11-2025 21.6561 24.4521
    20-11-2025 21.8039 24.618
    19-11-2025 21.7198 24.5219
    18-11-2025 21.6386 24.4292
    17-11-2025 21.7514 24.5554
    14-11-2025 21.6306 24.4158
    13-11-2025 21.5626 24.3379
    12-11-2025 21.5883 24.366
    11-11-2025 21.4898 24.2537
    10-11-2025 21.348 24.0925
    07-11-2025 21.2925 24.0268
    06-11-2025 21.2897 24.0225
    04-11-2025 21.4133 24.1599

    Fund Launch Date: 17/Dec/2018
    Fund Category: ELSS (Tax Saving) Fund
    Investment Objective: The primary investment objective of the scheme is to generate income and long term capital gains from a diversified portfolio of predominantly equity and equity related securties and enable investors to avail the income tax rebate as permitted from time to time. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.
    Fund Description: An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit
    Fund Benchmark: Nifty 500 Total Return Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.