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ELSS Tax Saver📊 NIFTY 500 TRI(SEBI default)

Shriram ELSS Tax Saver Fund (ELSS U/S 80 C of IT ACT) · Regular · Growth

Shriram Mutual Fund

#23 of 39 (1Y)

NAV

₹20.4974

as of 16 Jun 2026

Expense Ratio

2.32%

AUM

₹47 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
-1.56%
3Y
+8.02%
5Y
+8.00%
Since Inception
+10.05%

SIP returns (XIRR)

1Y
-1.62%
3Y
+0.90%
5Y
+5.50%
Since Inception
+8.70%

Returns calculated from 17 December 2018 onwards due to a structural change in the scheme on that date. Earlier NAV history is preserved but excluded from multi-year return calculations. Periods spanning this date show —.

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹45,000

Invested

₹60,343

Value today

7.8%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

500 lumpsum at launch — value today

Invested on the fund's first NAV date

₹500

Invested

₹990

Value today

9.6%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹10L corpus with ₹5,000/month withdrawals since inception

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹4,50,000

Withdrawn

₹13,77,233

Corpus left

+₹8,27,233 net gain — withdrew ₹4,50,000 AND corpus grew

Plan your SWP with real NAV

₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹11,73,323

Value today

-1.3%

vs lumpsum

Direct lumpsum would have beaten STP by 1.3% — but STP reduced timing risk

Model your own STP with real NAV

₹1 lakh on the worst crash day — 22 Mar 2020

Worst single-day Nifty drop during this fund's life

₹1,00,000

Invested

₹2,45,910

Value today

2.5×

Multiple

Staying invested through that crash turned ₹1L into ₹2,45,910 — a 2.5× return

Read: Staying invested through crashes

Risk Metrics

Trailing 1 year, annualised

-0.75

Sharpe Ratio

-0.12

Alpha

0.51

Beta

-0.69

Sortino

15.25%

Std Dev

-19.86%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseShriram Mutual Fund
CategoryELSS Tax Saver
BenchmarkNIFTY 500 TRI ✓
Launch Date17 Dec 2018
AMFI Code145820
Transaction facts
Min. Lumpsum₹500
Min. SIP₹1,000
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

Shriram ELSS Tax Saver Fund (ELSS U/S 80 C of IT ACT) · Regular · Growth is a tax-saving equity fund (ELSS) that offers tax deduction under Section 80C of the Income Tax Act, with a mandatory 3-year lock-in period. The fund aims to generate long-term capital appreciation while providing tax benefits of up to ₹46,800 per year.

About This Fund

Shriram ELSS Tax Saver Fund (ELSS U/S 80 C of IT ACT) · Regular · Growth is a ELSS Tax Saver mutual fund offered by Shriram Mutual Fund. The fund has been operational for over 7 years. It manages assets worth ₹46.9 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 2.32%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • Salaried individuals and taxpayers seeking to save tax under Section 80C
  • SIP investors who can benefit from rupee cost averaging during market fluctuations