Shriram ELSS Tax Saver Fund
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.
Growthvine rating: 1/5 — ranked #56 of 57 in category.
Fund basics
| Category | Equity: ELSS |
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| NAV | ₹19.50 (as of 2026-10-01) |
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| AUM | ₹48 Cr |
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| Expense ratio | 2.09% |
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| Riskometer | Very High |
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| Fund manager | Hitesh Savanth |
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| Exit load | 0 |
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Performance & risk
| 5-year annualised return | 4.46% |
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| Sharpe ratio | 0.17 |
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| Standard deviation | 16.77% |
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| Max drawdown | −29.94% |
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| Alpha | -4.19 |
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| Beta | 1.01 |
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Over 5 years, captured 86.2% of Nifty 500's upside and 104.8% of its downside.
Market cap allocation
| Large cap | 64.6% |
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| Mid cap | 9.7% |
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| Small cap | 25.7% |
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Concentration
| Top 5 holdings | 25.2% |
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| Top 10 holdings | 37.3% |
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| Total holdings | 71 |
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| Index overlap | 44.4% |
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| Active share | 55.6% |
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Top holdings
- HDFC Bank Ltd. — 7.0%
- ICICI Bank Ltd. — 5.2%
- Reliance Industries Ltd — 4.9%
- State Bank Of India — 4.2%
- AXIS Bank Ltd. — 4.0%
- Bharti Airtel Ltd. — 3.7%
- InterGlobe Aviation Limited — 2.4%
- Mahindra & Mahindra Ltd. — 2.1%
- SBI Life Insurance Company Limited — 2.0%
- Infosys Ltd — 1.9%
Top sectors
- Banking & Financial — 26.5%
- Automobile — 8.5%
- Software & Services — 8.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −9.4% | Q3 | #38 of 52 |
| 2025 | −5.7% | Q4 (Bottom) | #49 of 51 |
| 2024 | 16.8% | Q3 | #33 of 51 |
| 2023 | 24.5% | Q3 | #36 of 48 |
| 2022 | 2.1% | Q3 | #25 of 43 |