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Unrated

Shriram Long Term Equity Fund - Direct Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.46 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.49 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 28.59 0.37 2.78 4.85 16.61 27.60 46.50 -- -- -- --
S&P BSE 500 TRI 38.37 0.88 3.14 5.83 15.67 30.15 63.63 -- -- -- --
Equity: ELSS 38.69 0.78 3.19 5.47 14.30 30.38 63.26 -- -- -- --
Rank within category 37 37 30 24 10 30 36 -- -- -- --
Number of funds in category 38 38 38 38 38 38 38 35 33 29 1

As on 14-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Shriram Long Term Equity Fund - Direct Plan
Unrated
Jan-19 46.50 -- -- 0.60% 45
Axis Long Term Equity Fund - Direct Plan
4 star
Jan-13 67.66 26.45 20.25 0.77% 34,371
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
Dec-15 68.49 29.16 23.42 0.45% 9,832
DSP Tax Saver Fund - Direct Plan  | Invest Online
4 star
Jan-13 71.20 26.88 18.13 0.87% 9,756
IDFC Tax Advantage (ELSS) Fund - Direct Plan
4 star
Jan-13 85.99 26.20 20.25 0.81% 3,439

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 8.26 24-Mar-2020 - 31-Mar-2020 -14.73 11-Mar-2020 - 18-Mar-2020
Month 16.21 23-Mar-2020 - 22-Apr-2020 -29.33 20-Feb-2020 - 23-Mar-2020
Quarter 26.82 23-Mar-2020 - 22-Jun-2020 -27.49 23-Dec-2019 - 23-Mar-2020
Year 67.41 23-Mar-2020 - 23-Mar-2021 -20.29 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 20.70 22.02 0.76 0.86 -- --
Equity: ELSS* 20.60 21.56 0.77 0.83 0.95 0.72
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 59
Top 10 Stocks (%) 38.31
Top 5 Stocks (%) 22.94
Top 3 Sectors (%) 46.35
Portfolio P/B Ratio 4.33
Portfolio P/E Ratio 31.64

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,43,989 1,33,866
Giant (%) 56.78 51.26
Large (%) 18.59 16.18
Mid (%) 18.82 25.11
Small (%) 5.81 7.62
Tiny (%) -- 0.22

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 27.03 8.87 4.04 6.20
equal Reliance Industries Ltd - Partly Paid Equity Energy -- 5.26
equal ICICI Bank Financial 25.82 5.63 2.45 4.99
up ITC FMCG 23.22 5.10 0.58 3.95
down Bharti Airtel Communication 353.37 6.03 0.00 3.90
down Infosys Technology 36.08 5.02 0.83 3.90
equal HDFC Financial 25.20 6.97 2.04 3.70
equal Kotak Mahindra Bank Financial 40.15 3.62 0.00 3.32
up State Bank of India Financial 17.77 3.17 0.94 3.17
down Tata Consultancy Services Technology 36.88 3.57 0.83 2.76
equal Hindustan Unilever FMCG 76.04 3.03 0.20 2.42
equal SBI Life Insurance Company Insurance 92.65 2.46 0.00 2.41
equal HDFC Life Insurance Insurance 120.58 4.46 0.73 2.40
down HCL Technologies Technology 28.73 2.66 0.00 2.37
down Dabur India FMCG 60.67 2.69 0.83 2.22
up VIP Industries Chemicals -- 2.17 0.00 2.17
up Axis Bank Financial 29.51 3.52 0.94 2.09
equal Bajaj Finance Financial 106.45 3.73 0.37 1.76
up PI Industries Chemicals 64.70 2.97 0.00 1.70
down Jubilant Ingrevia Healthcare 237.34 1.68 0.00 1.52
up VST Tillers Tractors Automobile 27.75 1.51 0.00 1.51
equal Larsen & Toubro Construction 20.17 3.31 0.00 1.51
up Ultratech Cement Construction 33.91 1.51 0.00 1.51
equal Shree Cement Construction 39.35 1.61 0.00 1.27
equal Tata Motors Automobile -- 1.87 0.00 1.24

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2021

Fund Manager

— Gargi Bhattacharyya Banerjee since 21-Nov-2019

Education: Ms. Banerjee is Master of Business Management in Finance and Bachelor of Science with Economics (Hon) from University of Calcutta.

Experience: Prior to joining Shriram Asset Management Co. Ltd she has worked with Zacks Research Pvt Ltd as Research Head and Shriram Insight Share Brokers Ltd

Funds Managed:

— Kartik Soral since 22-Jan-2021

Education: He has pursued B.Tech (Chemical Engineering) from IT-BHU, Varanasi and PGDM, IIM Ahemdabad.

Experience: Prior to joining Shriram Mutual Fund, he has worked with Edelweiss Mutual Fund, L&T Ltd., Deutsche Bank and TCS.

Funds Managed:


0.55%

Change from previous, NAV as on 18-Oct-2021

Growth: ₹ 17.3770

IDCW: ₹ 17.3220


Investment Strategy

The Scheme seeks 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.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: Shriram Mutual Fund
Launch Date: 25-Jan-2019
Return Since Launch: 22.27%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 45 Cr (As on 30-Sep-2021)
Expense: 0.60% (As on 31-Aug-2021)
Risk Grade: --
Return Grade: --
Turnover: 60.40%

Contact Information

AMC: Shriram Asset Management Company Ltd

Address: CK 6, 2nd Floor Sector II Salt Lake Kolkata - 700091

Phone: 033-23373012 / 9339787128

Fax: 033-23373014

Email: [email protected]

Website: http://www.shriramamc.com/

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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