Dezerv

Fund Overview

Fund Size

Fund Size

₹47 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, 2 months and 26 days, having been launched on 19-Jan-19.
As of 12-Apr-24, it has a Net Asset Value (NAV) of ₹23.05, Assets Under Management (AUM) of 47.16 Crores, and an expense ratio of 0.8%.
  • Shriram Long Term Equity Fund Direct Growth has given a CAGR return of 17.32% since inception.
  • The fund's asset allocation comprises around 90.85% in equities, 0.00% in debts, and 9.15% 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

+40.17%

+38.63%(Cat. Avg.)

3 Years

+19.90%

+20.85%(Cat. Avg.)

5 Years

+16.94%

+17.41%(Cat. Avg.)

Since Inception

+17.32%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity42.84 Cr90.85%
Others4.32 Cr9.15%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Clearing Corporation Of India Ltd.Cash - Repurchase Agreement4.79 Cr10.12%
Reliance Industries LtdEquity3.8 Cr8.03%
ICICI Bank LtdEquity2.89 Cr6.11%
HDFC Bank LtdEquity2.18 Cr4.60%
Jio Financial Services LtdEquity1.68 Cr3.55%
Larsen & Toubro LtdEquity1.55 Cr3.27%
ITC LtdEquity1.4 Cr2.96%
Tata Motors Ltd Class AEquity1.16 Cr2.45%
NiftyEquity Index - Future1.12 Cr2.38%
Hindustan Aeronautics Ltd Ordinary SharesEquity1.11 Cr2.34%
Tata Consumer Products LtdEquity1.09 Cr2.31%
Bajaj Auto LtdEquity1.06 Cr2.24%
Infosys LtdEquity1.05 Cr2.21%
State Bank of IndiaEquity1.02 Cr2.16%
Trent LtdEquity0.98 Cr2.08%
TVS Motor Co LtdEquity0.9 Cr1.91%
MRF LtdEquity0.88 Cr1.86%
Maruti Suzuki India LtdEquity0.78 Cr1.64%
Tata Steel LtdEquity0.74 Cr1.56%
Adani Ports & Special Economic Zone LtdEquity0.72 Cr1.52%
Cipla LtdEquity0.71 Cr1.50%
Britannia Industries LtdEquity0.71 Cr1.49%
Oil & Natural Gas Corp LtdEquity0.68 Cr1.44%
Tata Consultancy Services LtdEquity0.68 Cr1.43%
NTPC LtdEquity0.67 Cr1.42%
Power Grid Corp Of India LtdEquity0.67 Cr1.42%
NMDC LtdEquity0.6 Cr1.26%
Dixon Technologies (India) LtdEquity0.56 Cr1.18%
Blue Star LtdEquity0.55 Cr1.15%
Colgate-Palmolive (India) LtdEquity0.5 Cr1.06%
Sun Pharmaceuticals Industries LtdEquity0.49 Cr1.04%
Jindal Stainless LtdEquity0.49 Cr1.03%
Housing & Urban Development Corp LtdEquity0.47 Cr1.00%
Canara BankEquity0.47 Cr1.00%
Zomato LtdEquity0.47 Cr0.99%
Steel Authority Of India LtdEquity0.47 Cr0.99%
Oil India LtdEquity0.47 Cr0.98%
Net Receivables / (Payables)Cash-0.46 Cr0.96%
Torrent Pharmaceuticals LtdEquity0.45 Cr0.95%
Bharat Heavy Electricals LtdEquity0.45 Cr0.94%
SJVN LtdEquity0.44 Cr0.92%
Rail Vikas Nigam LtdEquity0.44 Cr0.92%
Sonata Software LtdEquity0.42 Cr0.89%
RailTel Corporation of India LtdEquity0.41 Cr0.87%
Ajanta Pharma LtdEquity0.39 Cr0.82%
Indian Railway Finance Corp Ltd Ordinary SharesEquity0.38 Cr0.81%
Bharat Dynamics Ltd Ordinary SharesEquity0.37 Cr0.78%
NHPC LtdEquity0.36 Cr0.76%
Hindustan Petroleum Corp LtdEquity0.34 Cr0.72%
Indian Renewable Energy Development Agency LtdEquity0.32 Cr0.68%
ABB India LtdEquity0.29 Cr0.61%
Mahindra & Mahindra LtdEquity0.24 Cr0.51%
EIH LtdEquity0.24 Cr0.50%
Birlasoft LtdEquity0.23 Cr0.50%
Hitachi Energy India Ltd Ordinary SharesEquity0.23 Cr0.49%
Gujarat Pipavav Port LtdEquity0.23 Cr0.48%
Kalyan Jewellers India LtdEquity0.2 Cr0.41%
Mazagon Dock Shipbuilders LtdEquity0.19 Cr0.40%
SAMHI Hotels LtdEquity0.18 Cr0.39%
Olectra Greentech LtdEquity0.17 Cr0.35%
Cochin Shipyard LtdEquity0.15 Cr0.31%
Hindustan Copper LtdEquity0.08 Cr0.17%
Call Reliance Indus Ltd 25/04/2024 2900Equity - Option (Call)0.02 Cr0.04%
Put Midcpnifty 01-Apr-2024 10700Equity Index - Option (Put)0.01 Cr0.03%
Put Nifty 04-Apr-2024 22300Equity Index - Option (Put)0.01 Cr0.01%
Put Midcpnifty 01-Apr-2024 10500Equity Index - Option (Put)0 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

65.43%

Mid Cap Stocks

13.30%

Small Cap Stocks

9.66%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services9.42 Cr19.91%
Consumer Cyclical7.09 Cr14.98%
Industrials6.2 Cr13.09%
Energy5.29 Cr11.17%
Consumer Defensive3.71 Cr7.83%
Technology3.17 Cr6.69%
Basic Materials2.37 Cr5.01%
Utilities2.14 Cr4.53%
Healthcare2.04 Cr4.31%
Communication Services0.41 Cr0.87%

Risk & Performance Ratios

Standard Deviation

This fund

12.73%

Cat. avg.

12.78%

Lower the better

Sharpe Ratio

This fund

0.98

Cat. avg.

1.01

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.93

Higher the better

Fund Managers

GB

Gargi Banerjee

Since January 2019

DR

Deepak Ramaraju

Since August 2022

Additional Scheme Detailsas of 31st March 2024

ISININF680P01158Expense Ratio0.80%Exit LoadNo ChargesFund Size₹47 CrAge19 Jan 2019Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkNifty 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%₹4016.44 Cr35.9%
Tata India Tax Savings Fund Regular Growth

Very High Risk

1.8%0.0%₹4016.44 Cr34.4%
Axis Long Term Equity Fund Regular Growth

Very High Risk

1.5%0.0%₹35473.88 Cr38.2%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.7%0.0%₹3174.82 Cr34.5%
Parag Parikh Tax Saver Fund Regular Growth

Very High Risk

1.8%0.0%₹3174.82 Cr33.0%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹47.16 Cr40.2%
Shriram Long Term Equity Fund Regular Growth

Very High Risk

2.5%0.0%₹47.16 Cr37.9%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹279.40 Cr55.7%
ITI Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹279.40 Cr52.9%
Sundaram Diversified Equity Regular Growth

Very High Risk

2.2%0.0%₹1603.92 Cr29.9%

About the AMC

Total AUM

₹445 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

0.3%1.0%₹123.00 Cr-
Shriram Flexi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹83.51 Cr42.4%
Shriram Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹103.93 Cr6.8%
Shriram Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹46.26 Cr29.7%
Shriram Hybrid Equity Fund Direct Growth

Very High Risk

0.8%1.0%₹45.62 Cr33.3%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹47.16 Cr40.2%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of Shriram Long Term Equity Fund Direct Growth, as of 12-Apr-2024, is ₹23.05.
The fund has generated 40.17% over the last 1 year and 19.90% 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 90.85% in equities, 0.00% in bonds, and 9.15% in cash and cash equivalents.
The fund managers responsible for Shriram Long Term Equity Fund Direct Growth are:-
  1. Gargi Banerjee
  2. Deepak Ramaraju