Shriram Long Term Equity Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 21
BMSMONEY Rating
Gro. Opt. As On: 11-07-2024
NAV ₹24.1(R) +0.73% ₹26.61(D) +0.74%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 44.58% 19.76% 18.3% -% -%
LumpSum (D) 46.92% 21.85% 20.44% -% -%
SIP (R) 33.47% 25.46% 21.95% -% -%
SIP (D) 35.73% 27.53% 24.04% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.78 0.42 0.8 -0.78% 0.11
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.76% -13.44% -12.36% 0.91 8.81%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
SBI Long Term Equity Fund 1
HDFC Taxsaver 2
Quant Tax Plan 3
Motilal Oswal Long Term Equity Fund (Moflte) 4
Bank Of India Tax Advantage Fund 5
JM Tax Gain Fund 6
ITI Long Term Equity Fund 7
Franklin India Taxshield 8

NAV Date: 11-07-2024

Scheme Name NAV Rupee Change Percent Change
Shriram Long Term Equity Fund - Regular Growth 24.1
0.1800
0.7300%
Shriram Long Term Equity Fund - Regular-IDCW 24.11
0.1800
0.7300%
Shriram Long Term Equity Fund - Direct- IDCW 26.45
0.1900
0.7400%
Shriram Long Term Equity Fund - Direct Growth 26.61
0.1900
0.7400%

Review Date: 11-07-2024

Shriram Long Term Equity Fund has shown average performance in the ELSS (Tax Saving) Fund category. The fund has rank of 21 out of 35 funds in the category. The fund has delivered return of 44.58% in 1 year, 19.76% in 3 years and 18.3% in 5 years. The category average for the same periods is 41.17%, 20.2% and 20.36% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 12.76, VaR of -13.44, Average Drawdown of -4.97, Semi Deviation of 8.81 and Max Drawdown of -12.36. The category average for the same parameters is 12.71, -14.08, -5.57, 9.01 and -12.33 respectively. The fund has low risk in the category.

Key Points:

  1. An investment of ₹10,000 in Shriram Long Term Equity Fund direct growth option would have grown to ₹14692.0 in 1 year, ₹18091.0 in 3 years and ₹25341.0 in 5 years as of today (11-07-2024).
  2. An SIP of ₹1,000 per month in Shriram Long Term Equity Fund direct growth option would have grown to ₹14209.0 in 1 year, ₹53535.0 in 3 years and ₹108833.0 in 5 years as of today (11-07-2024).
  3. standard deviation of 12.76 and based on VaR one can expect to lose more than -13.44% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.78 which shows average performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.88, Beta of 0.91 and Jensen's Alpha of -0.78% which exhibit poor performance in the elss (tax saving) fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 7.68
5.60
3.46 | 7.80 2 | 35 Very Good
3M Return % 15.01
12.16
6.01 | 19.30 5 | 35 Very Good
6M Return % 21.31
19.63
13.45 | 28.78 11 | 35 Good
1Y Return % 44.58
41.17
25.14 | 60.19 11 | 35 Good
3Y Return % 19.76
20.20
10.89 | 28.40 16 | 33 Good
5Y Return % 18.30
20.36
14.28 | 33.92 24 | 31 Average
1Y SIP Return % 33.47
28.19
14.07 | 46.90 8 | 35 Very Good
3Y SIP Return % 25.46
25.47
16.69 | 36.73 12 | 33 Good
5Y SIP Return % 21.95
24.44
16.54 | 37.72 23 | 31 Average
Standard Deviation 12.76
12.71
9.99 | 16.36 19 | 33 Average
Semi Deviation 8.81
9.01
7.16 | 11.67 17 | 33 Good
Max Drawdown % -12.36
-12.33
-22.81 | -6.28 20 | 33 Average
VaR 1 Y % -13.44
-14.08
-20.17 | -11.38 14 | 33 Good
Average Drawdown % -4.97
-5.57
-11.96 | -2.58 10 | 33 Good
Sharpe Ratio 0.78
0.95
0.28 | 1.59 27 | 33 Average
Sterling Ratio 0.80
0.93
0.36 | 1.67 25 | 33 Average
Sortino Ratio 0.42
0.51
0.17 | 0.91 27 | 33 Average
Jensen Alpha % -0.78
2.63
-8.40 | 13.97 29 | 33 Poor
Treynor Ratio 0.11
0.14
0.04 | 0.23 26 | 33 Average
Modigliani Square Measure % 18.43
20.91
10.22 | 30.40 26 | 33 Average
Alpha % -2.56
0.58
-7.65 | 12.32 28 | 33 Poor
Return data last Updated On : July 11, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 7.82 5.70 3.52 | 7.90 2 | 35
3M Return % 15.46 12.46 6.20 | 19.66 5 | 35
6M Return % 22.28 20.28 14.12 | 29.63 11 | 35
1Y Return % 46.92 42.70 27.05 | 61.85 11 | 35
3Y Return % 21.85 21.56 11.77 | 29.25 15 | 33
5Y Return % 20.44 21.71 15.27 | 36.14 20 | 31
1Y SIP Return % 35.73 29.66 14.76 | 48.76 8 | 35
3Y SIP Return % 27.53 26.84 17.57 | 37.63 12 | 33
5Y SIP Return % 24.04 25.81 17.47 | 39.89 21 | 31
Standard Deviation 12.76 12.71 9.99 | 16.36 19 | 33
Semi Deviation 8.81 9.01 7.16 | 11.67 17 | 33
Max Drawdown % -12.36 -12.33 -22.81 | -6.28 20 | 33
VaR 1 Y % -13.44 -14.08 -20.17 | -11.38 14 | 33
Average Drawdown % -4.97 -5.57 -11.96 | -2.58 10 | 33
Sharpe Ratio 0.78 0.95 0.28 | 1.59 27 | 33
Sterling Ratio 0.80 0.93 0.36 | 1.67 25 | 33
Sortino Ratio 0.42 0.51 0.17 | 0.91 27 | 33
Jensen Alpha % -0.78 2.63 -8.40 | 13.97 29 | 33
Treynor Ratio 0.11 0.14 0.04 | 0.23 26 | 33
Modigliani Square Measure % 18.43 20.91 10.22 | 30.40 26 | 33
Alpha % -2.56 0.58 -7.65 | 12.32 28 | 33
Return data last Updated On : July 11, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.73 ₹ 10073.0 0.74 ₹ 10074.0
1W 0.49 ₹ 10049.0 0.51 ₹ 10051.0
1M 7.68 ₹ 10768.0 7.82 ₹ 10782.0
3M 15.01 ₹ 11501.0 15.46 ₹ 11546.0
6M 21.31 ₹ 12131.0 22.28 ₹ 12228.0
1Y 44.58 ₹ 14458.0 46.92 ₹ 14692.0
3Y 19.76 ₹ 17175.0 21.85 ₹ 18091.0
5Y 18.3 ₹ 23168.0 20.44 ₹ 25341.0
7Y - ₹ - - ₹ -
10Y - ₹ - - ₹ -
15Y - ₹ - - ₹ -

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.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 33.4693 ₹ 14074.992 35.7333 ₹ 14209.44
3Y ₹ 36000 25.463 ₹ 52051.536 27.5349 ₹ 53534.844
5Y ₹ 60000 21.9547 ₹ 103490.04 24.0427 ₹ 108832.92
7Y ₹ 84000 - ₹ - - ₹ -
10Y ₹ 120000 - ₹ - - ₹ -
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
11-07-2024 24.0994 26.6146
10-07-2024 23.9243 26.42
09-07-2024 24.0445 26.5516
08-07-2024 23.9446 26.4402
05-07-2024 23.9829 26.4791
04-07-2024 23.8447 26.3254
03-07-2024 23.6716 26.1331
02-07-2024 23.5024 25.9451
01-07-2024 23.4614 25.8987
28-06-2024 23.227 25.6366
27-06-2024 23.1823 25.5862
26-06-2024 23.105 25.4998
25-06-2024 23.0167 25.4012
24-06-2024 22.9304 25.3049
21-06-2024 22.8372 25.1988
20-06-2024 22.9379 25.3088
19-06-2024 22.8912 25.2561
18-06-2024 23.1394 25.5288
14-06-2024 23.0156 25.3878
13-06-2024 22.6753 25.0109
12-06-2024 22.5318 24.8515
11-06-2024 22.3814 24.6846

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.