Shriram Long Term Equity Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 23
BMSMONEY Rating
Growth Option As On: 19-04-2024
NAV ₹20.68 (R) +0.47% ₹22.75 (D) +0.47%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 37.37% 17.16% 14.52% -% -%
LumpSum Dir. P 39.65% 19.23% 16.62% -% -%
SIP Reg. P 33.05% 18.77% 17.68% -% -%
SIP Dir. P 35.25% 20.77% 19.74% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.61 0.33 0.71 -1.19% 0.09
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.76% -13.44% -12.36% 0.91 8.65%

NAV Date: 19-04-2024

Scheme Name NAV Rupee Change Percent Change
Shriram Long Term Equity Fund - Regular-IDCW 20.67
0.1000
0.4700%
Shriram Long Term Equity Fund - Regular Growth 20.68
0.1000
0.4700%
Shriram Long Term Equity Fund - Direct- IDCW 22.62
0.1100
0.4700%
Shriram Long Term Equity Fund - Direct Growth 22.75
0.1100
0.4700%

Review Date: March 28, 2024

Performance of the Shriram Long Term Equity Fund has been analyzed on 20 performance parameters. Out of eight return parameters, the fund has zero return parameters in first quartile; whereas zero risk parameters (out of five) in first quartile. Similarly zero risk-adjusted performance parameters are in first quartile. Based on this performance Shriram Long Term Equity Fund has achieved 23rd (out of 35 funds), which is poor rank in the ELSS (Tax Saving) Fund category. Essentially, among its peer group of similar types of funds, it stands in the very good position, a testament to its successful track record. The ELSS (Tax Saving) Fund category has 35 funds.
Our ranking methodology employs a composite performance score, taking into account the fund's return, risk, and risk-adjusted performance from the past three years. This composite performance score is then crucial in ranking the funds within the respective category.

The Shriram Long Term Equity Fund has poor return performance, as all 1 year and above return parameters are below average in ELSS (Tax Saving) Fund category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the Shriram Long Term Equity Fund has given return of -2.15% in last one month which is very poor as it is in the fourth quartile in ELSS (Tax Saving) Fund.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the Shriram Long Term Equity Fund has given return of 5.24% in last three month which is good as it is above average in ELSS (Tax Saving) Fund.
  3. 1 Year Return%: The Shriram Long Term Equity Fund has given return of 40.33% in last one year which is poor as it is in the below average in ELSS (Tax Saving) Fund. The one year return rank of Shriram Long Term Equity Fund is 18 in 35 funds. The investment of ₹ 10,000 in this fund would have become ₹ 14033.0 in one year.
  4. 3 Year Return%: The Shriram Long Term Equity Fund has given return of 15.97% in last three year which is very poor as it is in the fourth quartile with rank of 28 in 33 funds. in ELSS (Tax Saving) Fund.
  5. 5 Year Return%: The Shriram Long Term Equity Fund has given return of 14.45% in last five year which is poor as it is in the below average with return rank of 23 in 31 funds. in ELSS (Tax Saving) Fund.
  6. 1 Year SIP Return%: The Shriram Long Term Equity Fund has given return of 18.34% in last one year which is poor as it is in the below average with return rank of 16 in 35 funds. in ELSS (Tax Saving) Fund.
  7. 3 Year SIP Return%: The Shriram Long Term Equity Fund has given return of 17.36% in last three year which is poor as it is in the below average with return rank of 21 in 33 funds. in ELSS (Tax Saving) Fund.
  8. 5 Year SIP Return%: The Shriram Long Term Equity Fund has given return of 17.21% in last five year which is very poor as it is in the fourth quartile with rank of 26 in 31 funds. in ELSS (Tax Saving) Fund.
  9. '
'

The Shriram Long Term Equity Fund has average risk performance, as more than 25% risk parameters are above average ELSS (Tax Saving) Fund category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The Shriram Long Term Equity Fund has standard deviation of 12.76 which is poor as it is in the below average with risk rank of 17 in 33 funds. in ELSS (Tax Saving) Fund.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The Shriram Long Term Equity Fund has semi deviation of 8.65 which is good as it is above average with risk rank of 16 in 33 funds. in ELSS (Tax Saving) Fund.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The Shriram Long Term Equity Fund has max drawdown of -12.36% which is poor as it is in the below average with risk rank of 20 in 33 funds. in ELSS (Tax Saving) Fund.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The Shriram Long Term Equity Fund has 1Y VaR at 95% of -13.44% which is good as it is above average with risk rank of 14 in 33 funds. in ELSS (Tax Saving) Fund.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The Shriram Long Term Equity Fund has average drawdown of -4.35% which is good as it is above average with risk rank of 11 in 33 funds. in ELSS (Tax Saving) Fund.
  6. '
'

The Shriram Long Term Equity Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in ELSS (Tax Saving) Fund category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The Shriram Long Term Equity Fund has Sterling Ratio of 0.71 which is very poor as it is in the fourth quartile with risk rank of 26 in 33 funds. in ELSS (Tax Saving) Fund.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The Shriram Long Term Equity Fund has Sortino Ratio of 0.33 which is very poor as it is in the fourth quartile with risk rank of 28 in 33 funds. in ELSS (Tax Saving) Fund.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The Shriram Long Term Equity Fund has Jensen Alpha of -1.19% which is very poor as it is in the fourth quartile with risk rank of 28 in 33 funds. in ELSS (Tax Saving) Fund.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The Shriram Long Term Equity Fund has Treynor Ratio of 0.09 which is very poor as it is in the fourth quartile with risk rank of 27 in 33 funds. in ELSS (Tax Saving) Fund.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The Shriram Long Term Equity Fund has Modigliani Square Measure of 16.45% which is very poor as it is in the fourth quartile with risk rank of 28 in 33 funds. in ELSS (Tax Saving) Fund.
  6. Alpha %: It is a measure of risk-adjusted return. The Shriram Long Term Equity Fund has Alpha of -2.85% which is very poor as it is in the fourth quartile with risk rank of 28 in 33 funds. in ELSS (Tax Saving) Fund.
  7. '
'


Not able to see in mobile!!! save the chart by clicking on camera icon.

KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 3.68
4.27
1.41 | 10.13 19 | 35
No
No
No
6M Return % 19.43
18.67
9.43 | 34.33 13 | 35
Yes
No
No
1Y Return % 37.37
39.04
23.66 | 60.44 17 | 35
No
No
No
3Y Return % 17.16
20.05
11.24 | 30.80 28 | 33
No
No
Yes
5Y Return % 14.52
17.14
10.23 | 31.66 24 | 31
No
No
Yes
1Y SIP Return % 33.05
34.16
18.56 | 61.94 17 | 35
No
No
No
3Y SIP Return % 18.77
20.78
14.32 | 32.53 23 | 33
No
No
No
5Y SIP Return % 17.68
21.21
13.50 | 36.34 26 | 31
No
No
Yes
Standard Deviation 12.70
12.70
9.92 | 16.81 17 | 33
No
No
No
Semi Deviation 8.62
8.84
7.09 | 11.91 16 | 33
Yes
No
No
Max Drawdown % -12.36
-12.33
-22.81 | -6.28 20 | 33
No
No
No
VaR 1 Y % -13.44
-14.08
-20.17 | -11.38 14 | 33
Yes
No
No
Average Drawdown % -5.00
-5.05
-8.14 | -2.87 20 | 33
Yes
No
No
Sharpe Ratio 0.67
0.83
0.14 | 1.46 26 | 33
No
No
Yes
Sterling Ratio 0.73
0.85
0.29 | 1.53 25 | 33
No
No
Yes
Sortino Ratio 0.36
0.45
0.09 | 0.82 25 | 33
No
No
Yes
Jensen Alpha % -0.77
2.44
-8.96 | 17.77 29 | 33
No
No
Yes
Treynor Ratio 0.09
0.12
0.02 | 0.26 23 | 33
No
No
No
Modigliani Square Measure % 16.96
19.26
8.41 | 30.07 24 | 33
No
No
No
Alpha % -2.47
0.51
-8.84 | 16.09 27 | 33
No
No
Yes
Return data last Updated On : April 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Rotate the phone! Best viewed in landscape mode on mobile.
KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 3.81 4.36 1.48 | 10.24 19 | 35
No
No
No
6M Return % 20.39 19.31 10.52 | 35.00 12 | 35
Yes
No
No
1Y Return % 39.65 40.54 25.54 | 62.20 15 | 35
No
No
No
3Y Return % 19.23 21.41 12.14 | 32.85 27 | 33
No
No
Yes
5Y Return % 16.62 18.45 11.19 | 33.83 21 | 31
No
No
No
1Y SIP Return % 35.25 35.61 20.38 | 63.62 16 | 35
No
No
No
3Y SIP Return % 20.77 22.10 15.19 | 33.38 18 | 33
No
No
No
5Y SIP Return % 19.74 22.55 14.42 | 38.54 25 | 31
No
No
Yes
Standard Deviation 12.70 12.70 9.92 | 16.81 17 | 33
No
No
No
Semi Deviation 8.62 8.84 7.09 | 11.91 16 | 33
Yes
No
No
Max Drawdown % -12.36 -12.33 -22.81 | -6.28 20 | 33
No
No
No
VaR 1 Y % -13.44 -14.08 -20.17 | -11.38 14 | 33
Yes
No
No
Average Drawdown % -5.00 -5.05 -8.14 | -2.87 20 | 33
Yes
No
No
Sharpe Ratio 0.67 0.83 0.14 | 1.46 26 | 33
No
No
Yes
Sterling Ratio 0.73 0.85 0.29 | 1.53 25 | 33
No
No
Yes
Sortino Ratio 0.36 0.45 0.09 | 0.82 25 | 33
No
No
Yes
Jensen Alpha % -0.77 2.44 -8.96 | 17.77 29 | 33
No
No
Yes
Treynor Ratio 0.09 0.12 0.02 | 0.26 23 | 33
No
No
No
Modigliani Square Measure % 16.96 19.26 8.41 | 30.07 24 | 33
No
No
No
Alpha % -2.47 0.51 -8.84 | 16.09 27 | 33
No
No
Yes
Return data last Updated On : April 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.47 ₹ 10047.0 0.47 ₹ 10047.0
1W 0.0 ₹ 10000.0 0.02 ₹ 10002.0
1M 3.68 ₹ 10368.0 3.81 ₹ 10381.0
3M - ₹ - - ₹ -
6M 19.43 ₹ 11943.0 20.39 ₹ 12039.0
1Y 37.37 ₹ 13737.0 39.65 ₹ 13965.0
3Y 17.16 ₹ 16082.0 19.23 ₹ 16948.0
5Y 14.52 ₹ 19693.0 16.62 ₹ 21567.0
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 33.048 ₹ 14056.308 35.2459 ₹ 14187.384
3Y ₹ 36000 18.7733 ₹ 47455.38 20.7665 ₹ 48797.604
5Y ₹ 60000 17.6821 ₹ 93289.74 19.7413 ₹ 98094.6
7Y ₹ 84000 - ₹ - - ₹ -
10Y ₹ 120000 - ₹ - - ₹ -
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
19-04-2024 20.6767 22.753
18-04-2024 20.5808 22.6465
16-04-2024 20.6929 22.7679
15-04-2024 20.6768 22.7492
12-04-2024 20.9542 23.0513
09-04-2024 21.004 23.1031
08-04-2024 21.0648 23.1689
05-04-2024 20.9818 23.0746
04-04-2024 20.9166 23.0019
03-04-2024 20.9132 22.9972
02-04-2024 20.8965 22.9778
01-04-2024 20.7823 22.8513
28-03-2024 20.5799 22.6248
27-03-2024 20.4507 22.4819
26-03-2024 20.3505 22.3707
22-03-2024 20.2998 22.3113
21-03-2024 20.1838 22.1828
20-03-2024 19.9431 21.9174
19-03-2024 19.9533 21.9275
18-03-2024 20.1878 22.1843
15-03-2024 20.1512 22.1411
14-03-2024 20.2304 22.2272
13-03-2024 19.9614 21.9307
12-03-2024 20.7335 22.778
11-03-2024 20.9068 22.9673
07-03-2024 21.0952 23.1702
06-03-2024 21.0293 23.0965
05-03-2024 21.0934 23.1658
04-03-2024 21.1185 23.1923
01-03-2024 21.0317 23.0936
29-02-2024 20.7728 22.8083
28-02-2024 20.7144 22.7433
27-02-2024 21.0331 23.0921
26-02-2024 21.0514 23.1113
23-02-2024 21.1427 23.2084
22-02-2024 21.0814 23.14
21-02-2024 20.8489 22.8839
20-02-2024 21.0056 23.0549
19-02-2024 20.9852 23.0315
16-02-2024 20.9003 22.9352
15-02-2024 20.7851 22.8078
14-02-2024 20.5946 22.5978
13-02-2024 20.4255 22.4112
12-02-2024 20.3627 22.3413
09-02-2024 20.7591 22.7733
08-02-2024 21.0328 23.0724
07-02-2024 21.0733 23.1158
06-02-2024 21.0427 23.0813
05-02-2024 20.7895 22.8026
02-02-2024 20.825 22.8385
01-02-2024 20.5598 22.5466
31-01-2024 20.6456 22.6398
30-01-2024 20.4132 22.384
29-01-2024 20.5579 22.5417
25-01-2024 20.2273 22.1752
24-01-2024 20.2128 22.1583
23-01-2024 19.8013 21.7063
19-01-2024 20.2219 22.1634
18-01-2024 19.8657 21.772
17-01-2024 19.9394 21.8518
16-01-2024 20.1594 22.0919
15-01-2024 20.2063 22.1423
12-01-2024 20.0233 21.9389
11-01-2024 19.8657 21.7652
10-01-2024 19.7781 21.6684
09-01-2024 19.7078 21.5904
08-01-2024 19.6561 21.5328
05-01-2024 19.8039 21.6919
04-01-2024 19.7447 21.6261
03-01-2024 19.5749 21.4391
02-01-2024 19.5861 21.4504
01-01-2024 19.6331 21.501
29-12-2023 19.5561 21.4138
28-12-2023 19.4981 21.3493
27-12-2023 19.3586 21.1955
26-12-2023 19.2992 21.1296
22-12-2023 19.1821 20.9976
21-12-2023 19.0712 20.8753
20-12-2023 18.8585 20.6416
19-12-2023 19.3821 21.2137
18-12-2023 19.3573 21.1856
15-12-2023 19.3284 21.1512
14-12-2023 19.2609 21.0765
13-12-2023 19.1411 20.9444
12-12-2023 18.8286 20.6015
11-12-2023 18.881 20.6579
08-12-2023 18.8106 20.5782
07-12-2023 18.9062 20.682
06-12-2023 18.8989 20.6731
05-12-2023 18.8462 20.6145
04-12-2023 18.8018 20.5651
01-12-2023 18.6195 20.363
30-11-2023 18.3751 20.0948
29-11-2023 18.1909 19.8925
28-11-2023 18.0734 19.7631
24-11-2023 18.0088 19.689
23-11-2023 18.0025 19.6812
22-11-2023 17.9516 19.6247
21-11-2023 18.0318 19.7116
20-11-2023 18.0387 19.7182
17-11-2023 18.0022 19.6757
16-11-2023 17.8449 19.503
15-11-2023 17.7701 19.4204
13-11-2023 17.6637 19.3024
10-11-2023 17.4933 19.1136
09-11-2023 17.4128 19.0249
08-11-2023 17.4189 19.0307
07-11-2023 17.2886 18.8875
06-11-2023 17.1641 18.7507
03-11-2023 17.0174 18.5879
02-11-2023 16.9342 18.4963
01-11-2023 16.7847 18.3322
31-10-2023 16.8181 18.3679
30-10-2023 16.8299 18.3799
27-10-2023 16.8244 18.3715
26-10-2023 16.5939 18.119
25-10-2023 16.7581 18.2975
23-10-2023 16.9114 18.4633
20-10-2023 17.3129 18.8991
19-10-2023 17.4168 19.0116
18-10-2023 17.4469 19.0437
17-10-2023 17.5475 19.1526
16-10-2023 17.4137 19.0058
13-10-2023 17.3291 18.911
12-10-2023 17.2905 18.868
11-10-2023 17.2637 18.838
10-10-2023 17.1895 18.7561
09-10-2023 17.0073 18.5566
06-10-2023 17.1913 18.7548
05-10-2023 17.1275 18.6844
04-10-2023 17.1333 18.6899
03-10-2023 17.3699 18.9472
29-09-2023 17.3577 18.9305
27-09-2023 17.3473 18.9173
26-09-2023 17.2169 18.7743
25-09-2023 17.1608 18.7123
22-09-2023 17.1167 18.6617
21-09-2023 17.1305 18.6759
20-09-2023 17.264 18.8206
18-09-2023 17.3544 18.9175
15-09-2023 17.3915 18.9555
14-09-2023 17.4081 18.9728
13-09-2023 17.315 18.8704
12-09-2023 17.257 18.8064
11-09-2023 17.652 19.236
08-09-2023 17.4524 19.0159
07-09-2023 17.2408 18.7846
06-09-2023 17.0981 18.6283
05-09-2023 17.1643 18.6996
04-09-2023 17.0894 18.6172
01-09-2023 16.9459 18.4584
31-08-2023 16.9148 18.4237
30-08-2023 16.8759 18.3806
29-08-2023 16.8344 18.3346
28-08-2023 16.8455 18.3458
25-08-2023 16.7897 18.2827
24-08-2023 16.9047 18.407
23-08-2023 16.9585 18.4648
22-08-2023 16.9207 18.4228
21-08-2023 16.8719 18.3688
18-08-2023 16.801 18.2893
17-08-2023 16.7846 18.2706
16-08-2023 16.7684 18.2522
14-08-2023 16.696 18.1717
11-08-2023 16.7136 18.1885
10-08-2023 16.7557 18.2335
09-08-2023 16.8149 18.2971
08-08-2023 16.762 18.2388
07-08-2023 16.7155 18.1873
04-08-2023 16.6926 18.1601
03-08-2023 16.7319 18.202
02-08-2023 16.7271 18.196
01-08-2023 16.9468 18.4341
31-07-2023 16.9674 18.4558
28-07-2023 16.8876 18.3665
27-07-2023 16.8694 18.3459
26-07-2023 16.9249 18.4054
25-07-2023 16.8489 18.3219
24-07-2023 16.869 18.3428
21-07-2023 16.8856 18.3582
20-07-2023 17.0386 18.5237
19-07-2023 16.9961 18.4766
18-07-2023 16.8985 18.3696
17-07-2023 16.9053 18.3762
14-07-2023 16.8093 18.2691
13-07-2023 16.6686 18.1153
12-07-2023 16.673 18.1193
11-07-2023 16.6943 18.1413
10-07-2023 16.6076 18.0461
07-07-2023 16.6201 18.0572
06-07-2023 16.7281 18.1736
05-07-2023 16.6466 18.0842
04-07-2023 16.6061 18.0394
03-07-2023 16.5446 17.9716
30-06-2023 16.4548 17.8716
28-06-2023 16.2851 17.6856
27-06-2023 16.1712 17.561
26-06-2023 16.0644 17.4442
23-06-2023 16.0357 17.4105
22-06-2023 16.1945 17.5821
21-06-2023 16.2977 17.6934
20-06-2023 16.2704 17.6628
19-06-2023 16.2303 17.6184
16-06-2023 16.2633 17.6517
15-06-2023 16.1344 17.511
14-06-2023 16.1505 17.5276
13-06-2023 16.1487 17.5248
12-06-2023 16.0332 17.3987
09-06-2023 15.9907 17.35
08-06-2023 16.0011 17.3605
07-06-2023 16.0938 17.4602
06-06-2023 16.0032 17.3611
05-06-2023 15.9815 17.3367
02-06-2023 15.9278 17.276
01-06-2023 15.8801 17.2234
31-05-2023 15.9061 17.2508
30-05-2023 15.9766 17.3265
29-05-2023 15.9371 17.2828
26-05-2023 15.8579 17.1944
25-05-2023 15.7195 17.0435
24-05-2023 15.6683 16.9872
23-05-2023 15.6913 17.0113
22-05-2023 15.6969 17.0166
19-05-2023 15.6186 16.9292
18-05-2023 15.5793 16.8859
17-05-2023 15.6244 16.9339
16-05-2023 15.7037 17.0191
15-05-2023 15.7137 17.0291
12-05-2023 15.6591 16.9675
11-05-2023 15.6409 16.9469
10-05-2023 15.6257 16.9297
09-05-2023 15.6048 16.9061
08-05-2023 15.6121 16.9132
05-05-2023 15.489 16.7775
04-05-2023 15.5565 16.8498
03-05-2023 15.4286 16.7105
02-05-2023 15.4581 16.7416
28-04-2023 15.3818 16.6558
27-04-2023 15.2298 16.4904
26-04-2023 15.1531 16.4066
25-04-2023 15.1334 16.3844
24-04-2023 15.1233 16.3727
21-04-2023 15.0521 16.2933
20-04-2023 15.0451 16.2849
19-04-2023 15.0429 16.2818

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.