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Shriram ELSS Tax Saver Fund - NAV, Returns, SIP Investment & Tax Benefits 2025

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Invest in Shriram ELSS Tax Saver Fund with ₹500 minimum SIP. Get tax benefits under 80C up to ₹1.5 lakh with 3-year lock-in. Current NAV ₹25.73. Check returns & invest now.

Investment Objective and Approach

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. 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.

The fund follows a diversified investment approach, primarily investing in equity and equity-related instruments while maintaining a small allocation to cash and equivalents for liquidity purposes. These funds have a lock-in period of three years. When you invest in Shriram MF ELSS Funds, you become eligible for a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act.

The investment strategy focuses on:

- Building a well-diversified equity portfolio across market capitalizations

- Maintaining balanced exposure to reduce concentration risk

- Utilizing the 3-year mandatory lock-in period for long-term wealth creation

- The lock-in period of three years helps the fund manager to take asset allocation decisions without the fear for frequent fund redemptions. This holistic approach may eventually lead to higher returns in the long run.

Fund Managers

The Shriram ELSS Tax Saver Fund is managed by an experienced team of fund managers:

Ms. Gargi Bhattacharyya Banerjee - Ms. Gargi Bhattacharyya Banerjee serves as the Fund Manager of Shriram Mutual Fund having an experience of more than 20 years in her professional career. She received her Bachelor of Science with Economics (H) and Master of Business Management with specialization in Finance from the University of Calcutta. She joined as Research Manager in Shriram Asset Management Company Limited in November 2012 and before that, she has held key position in the Research team with Zacks Research Private Limited and Shriram Insight Share Brokers Limited.

Mr. Sudip Suresh More - Mr. Sudip Suresh More has around 19 years of experience in managing Fixed Income Investments, Macroeconomic Research and Credit Analysis. Prior to this assignment, Mr. Sudip Suresh More was Debt Fund Manager at Kshema General Insurance Company. Additionally, he has also worked with Sahara India Life Insurance Company Ltd as a Debt Fund Manager whereby managing ULIP and Traditional funds on Fixed Income side.

Mr. Deepak Ramaraju - Mr. Deepak Ramaraju currently manages the scheme along with Ms. Gargi Bhattacharyya Banerjee and Mr. Sudip More. The fund benefits from the collective expertise of this experienced management team.

About the Fund House (AMC)

Shriram AMC Limited was incorporated on 27th July, 1994, and received the Certificate of Commencement of Business on 5th December, 1994. The Company received permission from SEBI to act as the AMC of Shriram Mutual Fund on 21st November, 1994.

Shriram Asset Management Company Limited operates within the 'Shriram' Group, a conglomerate deeply entrenched in a wide array of financial services spanning commercial vehicles, life and general insurance, stock broking, consumer finance, chit funds, and financial product distribution. Holding a majority stake of 68.67% in the fund house, Shriram Credit Company Limited (SCCL) supervises various stock market activities conducted by the fund. As a subsidiary within the Shriram conglomerate, SCCL actively shapes the investment strategy of Shriram Mutual Funds.

The fund house brings decades of experience in financial services and has established itself as a reliable player in the mutual fund industry. With a strong focus on investor-centric products and professional fund management, Shriram AMC continues to expand its offerings to meet diverse investment needs.

Should I Invest in Shriram ELSS Tax Saver Fund?

Key Financial Metrics (as of available dates):

- Latest NAV for Shriram ELSS Tax Saver Fund is at ₹ 25.73

- The AUM (i.e. assets under management) of Shriram ELSS Tax Saver Fund(IDCW) is ₹48.76 Cr as of 12th June 2025

- The expense ratio of Shriram ELSS Tax Saver Fund is 0.65%

- The minimum SIP amount of Shriram ELSS Tax Saver Fund is ₹500

Performance Highlights:

- The fund has delivered absolute returns of 25.09% in the past 1 year. For the last 3 years the fund has delivered a CAGR of 15.75%. For 5 years it has given a CAGR of 18.27%

- The Shriram ELSS Tax Saver Fund(IDCW) has a lock-in period of 3 years

Who Should Consider This Fund:

- Shriram MF ELSS Funds are ideal for investors who have a higher risk appetite. These funds have the shortest lock-in period of three years as compared to other tax-saving alternatives. It makes them ideal for wealth creation over the long run in a tax-efficient manner.

- Investors may invest in Shriram MF ELSS Funds to achieve long term goals like children's education, retirement planning and buying a home. To realise the full potential of these funds, you need to stay invested throughout the lock-in period.

Risk Considerations:

- On the risk scale of Low, Moderately Low, Moderate, Moderately High, High and Very High, the risk-o-meter of Shriram ELSS Tax Saver Fund is Very High

- The stock prices might be affected by price and volume changes in the stock markets, interest rates, exchange rates, government policies, tax laws and other economic developments. On account of a well-diversified portfolio, these funds are less riskier than pure small-cap/mid-cap funds and sector/theme-based funds. Moreover, the inherent risks may average out upon staying invested for longer durations. Investors may consider their own risk tolerance before investing in the scheme.

FAQs

What is today's NAV of Shriram ELSS Tax Saver Fund?

Latest NAV for Shriram ELSS Tax Saver Fund is at ₹ 25.73. NAV is updated daily and reflects the current value of the fund's holdings.

What is the AUM of Shriram ELSS Tax Saver Fund?

The AUM (i.e. assets under management) of Shriram ELSS Tax Saver Fund(IDCW) is ₹48.76 Cr as of 12th June 2025. AUM indicates the total value of assets managed by the fund.

What is the expense ratio of Shriram ELSS Tax Saver Fund?

The expense ratio of Shriram ELSS Tax Saver Fund is 0.65%. This represents the annual fee charged by the fund for managing your investments.

What are the returns of Shriram ELSS Tax Saver Fund since inception?

Shriram ELSS Tax Saver Fund Direct - Growth scheme return performance in last 1 year is 24.31%, in last 3 years is 60.01% and 156.77% since scheme launch. Returns may vary for different plan options.

What is the minimum SIP amount to invest in Shriram ELSS Tax Saver Fund?

If you wish to invest in Shriram ELSS Tax Saver Fund, the minimum SIP amount is ₹500 and Lumpsum is ₹500. This makes it accessible for most investors to start their investment journey.

How do I invest in Shriram ELSS Tax Saver Fund?

You can invest in Shriram ELSS Tax Saver Fund through Allvest platform by completing your KYC, selecting the fund, choosing investment amount, and making payment through net banking or other available modes.

How to start a SIP in Shriram ELSS Tax Saver Fund?

To start SIP through Allvest, log in to your account, search for Shriram ELSS Tax Saver Fund, select SIP option, choose monthly amount (minimum ₹500), select SIP date, and authorize the investment.

How do I automate an SIP in Shriram ELSS Tax Saver Fund?

To automate an SIP in Shriram ELSS Tax Saver Fund, use the Auto-Invest feature on Kotak Securities. Similar automation features are available through Allvest platform for hassle-free regular investments.

How can I withdraw/redeem my investment in Shriram ELSS Tax Saver Fund?

The Shriram ELSS Tax Saver Fund(IDCW) has a lock-in period of 3 years. You can redeem your investment only after completing the mandatory 3-year lock-in period through Allvest platform.