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Fund Overview

Fund Size

Fund Size

₹54 Cr

Expense Ratio

Expense Ratio

0.80%

ISIN

ISIN

INF680P01158

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

19 Jan 2019

About this fund

Shriram Long Term Equity Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by Shriram Mutual Fund. This fund has been in existence for 5 years, 6 months and 6 days, having been launched on 19-Jan-19.
As of 24-Jul-24, it has a Net Asset Value (NAV) of ₹26.03, Assets Under Management (AUM) of 54.22 Crores, and an expense ratio of 0.8%.
  • Shriram Long Term Equity Fund Direct Growth has given a CAGR return of 18.96% since inception.
  • The fund's asset allocation comprises around 92.56% in equities, 0.00% in debts, and 7.44% in cash & cash equivalents.
  • You can start investing in Shriram Long Term Equity Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+41.93%

+37.41% (Cat Avg.)

3 Years

+20.59%

+19.51% (Cat Avg.)

5 Years

+20.60%

+21.13% (Cat Avg.)

Since Inception

+18.96%

(Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity50.18 Cr92.56%
Others4.04 Cr7.44%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Clearing Corporation Of India Ltd.Cash - Repurchase Agreement6.1 Cr11.25%
Reliance Industries LtdEquity2.79 Cr5.15%
Hdfc Bank Ltd.Equity - Future2.24 Cr4.13%
Net Receivables / (Payables)Cash-2.06 Cr3.81%
ICICI Bank LtdEquity1.89 Cr3.48%
Trent LtdEquity1.57 Cr2.90%
Larsen & Toubro LtdEquity1.49 Cr2.75%
Mahindra & Mahindra LtdEquity1.45 Cr2.67%
Tata Consultancy Services LtdEquity1.43 Cr2.64%
Jio Financial Services LtdEquity1.36 Cr2.50%
Varun Beverages LtdEquity1.15 Cr2.13%
Bharti Airtel LtdEquity1.08 Cr1.99%
Transformers & Rectifiers (India) LtdEquity1.08 Cr1.98%
Maruti Suzuki India LtdEquity1.07 Cr1.97%
ITD Cementation India LtdEquity1.04 Cr1.91%
Zydus Lifesciences LtdEquity1.03 Cr1.89%
Deepak Nitrite LtdEquity0.98 Cr1.81%
JSW Infrastructure LtdEquity0.88 Cr1.62%
Jindal Stainless LtdEquity0.87 Cr1.60%
KEI Industries LtdEquity0.84 Cr1.55%
Rail Vikas Nigam LtdEquity0.82 Cr1.52%
Tata Steel LtdEquity0.8 Cr1.48%
Colgate-Palmolive (India) LtdEquity0.8 Cr1.47%
Garden Reach Shipbuilders & Engineers LtdEquity0.76 Cr1.41%
NTPC LtdEquity0.76 Cr1.40%
Hindustan Aeronautics Ltd Ordinary SharesEquity0.76 Cr1.40%
Grasim Industries LtdEquity0.7 Cr1.30%
Indus Towers Ltd Ordinary SharesEquity0.65 Cr1.21%
Housing & Urban Development Corp LtdEquity0.61 Cr1.12%
Prestige Estates Projects LtdEquity0.61 Cr1.12%
Samvardhana Motherson International LtdEquity0.6 Cr1.11%
Gabriel India LtdEquity0.6 Cr1.11%
Mazagon Dock Shipbuilders LtdEquity0.6 Cr1.10%
Zomato LtdEquity0.57 Cr1.05%
Zensar Technologies LtdEquity0.57 Cr1.05%
Chambal Fertilisers & Chemicals LtdEquity0.56 Cr1.04%
CG Power & Industrial Solutions LtdEquity0.55 Cr1.02%
Exide Industries LtdEquity0.55 Cr1.02%
Coforge LtdEquity0.55 Cr1.02%
Axis Bank LtdEquity0.55 Cr1.02%
Oil India LtdEquity0.55 Cr1.01%
Dixon Technologies (India) LtdEquity0.55 Cr1.01%
Bharat Electronics LtdEquity0.54 Cr1.00%
Ashok Leyland LtdEquity0.54 Cr1.00%
Carborundum Universal LtdEquity0.54 Cr0.99%
PNB Housing Finance LtdEquity0.53 Cr0.97%
HDFC Bank LtdEquity0.53 Cr0.97%
ABB India LtdEquity0.52 Cr0.96%
Power Grid Corp Of India LtdEquity0.52 Cr0.95%
Coal India LtdEquity0.51 Cr0.94%
Fortis Healthcare LtdEquity0.51 Cr0.94%
Voltamp Transformers LtdEquity0.51 Cr0.93%
Cyient LtdEquity0.5 Cr0.92%
REC LtdEquity0.5 Cr0.92%
Bharat Petroleum Corp LtdEquity0.49 Cr0.91%
Infosys LtdEquity0.49 Cr0.91%
Tata Chemicals LtdEquity0.49 Cr0.90%
Hero MotoCorp LtdEquity0.46 Cr0.86%
State Bank of IndiaEquity0.45 Cr0.83%
Adani Power LtdEquity0.45 Cr0.83%
NCC LtdEquity0.44 Cr0.82%
Elecon Engineering Co LtdEquity0.43 Cr0.80%
Hindustan Petroleum Corp LtdEquity0.32 Cr0.60%
GlaxoSmithKline Pharmaceuticals LtdEquity0.27 Cr0.50%
Shilchar Technologies LtdEquity0.26 Cr0.49%
Tata Power Co LtdEquity0.26 Cr0.48%
Blue Star LtdEquity0.25 Cr0.47%
Schneider Electric Infrastructure LtdEquity0.25 Cr0.46%
Cipla LtdEquity0.25 Cr0.45%
Put Nifty 04-Jul-2024 24400Equity Index - Option (Put)0.04 Cr0.08%

Allocation By Market Cap (Equity)

Large Cap Stocks

45.99%

Mid Cap Stocks

25.88%

Small Cap Stocks

16.48%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Industrials13.62 Cr25.11%
Consumer Cyclical6.89 Cr12.70%
Financial Services6.4 Cr11.81%
Energy4.67 Cr8.62%
Basic Materials4.41 Cr8.13%
Technology3.59 Cr6.62%
Healthcare2.05 Cr3.79%
Utilities1.99 Cr3.66%
Consumer Defensive1.95 Cr3.60%
Communication Services1.73 Cr3.19%
Real Estate0.61 Cr1.12%

Risk & Performance Ratios

Standard Deviation

This fund

12.92%

Cat. avg.

12.52%

Lower the better

Sharpe Ratio

This fund

1.10

Cat. avg.

0.97

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.80

Higher the better

Fund Managers

GB

Gargi Banerjee

Since January 2019

DR

Deepak Ramaraju

Since August 2022

Additional Scheme Detailsas of 30th June 2024

ISIN
INF680P01158
Expense Ratio
0.80%
Exit Load
No Charges
Fund Size
₹54 Cr
Age
19 Jan 2019
Lumpsum Minimum
₹500
Fund Status
Open Ended Investment Company
Benchmark
Nifty 500 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar ELSS (Tax Savings) Funds

Fund nameExpense RatioExit LoadFund size
1Y
Tata India Tax Savings Fund Direct Growth

Very High Risk

0.7%0.0%₹4551.18 Cr34.3%
Tata India Tax Savings Fund Regular Growth

Very High Risk

1.8%0.0%₹4551.18 Cr32.8%
Axis Long Term Equity Fund Regular Growth

Very High Risk

1.5%0.0%₹37106.30 Cr29.0%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹3731.20 Cr36.4%
Parag Parikh Tax Saver Fund Regular Growth

Very High Risk

1.7%0.0%₹3731.20 Cr34.9%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹54.22 Cr41.9%
Shriram Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹54.22 Cr39.7%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹363.38 Cr56.5%
ITI Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹363.38 Cr53.6%
Sundaram Diversified Equity Regular Growth

Very High Risk

2.2%0.0%₹1649.12 Cr25.3%

About the AMC

Total AUM

₹616 Cr

Address

CK-6, 2nd Floor, Kolkata, 700 091

Other Funds by Shriram Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Shriram Multi Asset Allocation Fund Direct Growth

Very High Risk

0.5%1.0%₹152.09 Cr-
Shriram Flexi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹113.94 Cr44.4%
Shriram Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹268.12 Cr6.8%
Shriram Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹52.27 Cr27.1%
Shriram Hybrid Equity Fund Direct Growth

Very High Risk

1.0%1.0%₹49.29 Cr33.5%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹54.22 Cr41.9%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Shriram Long Term Equity Fund Direct Growth, as of 24-Jul-2024, is ₹26.03.
The fund has generated 41.93% over the last 1 year and 20.59% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 92.56% in equities, 0.00% in bonds, and 7.44% in cash and cash equivalents.
The fund managers responsible for Shriram Long Term Equity Fund Direct Growth are:-
  1. Gargi Banerjee
  2. Deepak Ramaraju