Shriram ELSS Tax Saver Fund Direct-Growth
Equity: ELSS - Tax Saver - Growth (Open ended)Download Report
SEBI Riskometer: Very HighCategory: Equity: ELSS - Tax SaverBenchmark: NIFTY 500 Total Return IndexCheck Portfolio Overlap →
NAV: ₹23.57+1.50%
05 Nov 2026
Rolling Returns Analysis
Rolling annualized returns of Shriram ELSS Tax Saver Fund Direct-Growth across 1Y, 3Y and 5Y windows — average, best, worst returns and percentage of positive return periods.
| Metric | 1 Yr Rolling Returns | 3 Yr Rolling Returns | 5 Yr Rolling Returns | 7 Yr Rolling Returns |
|---|---|---|---|---|
| Analysis period | 12 Feb, 2020 - 05 Nov, 2026 | 17 Feb, 2022 - 05 Nov, 2026 | 29 Feb, 2024 - 05 Nov, 2026 | 12 Mar, 2026 - 05 Nov, 2026 |
| Average returns | 13.94% | 14.98% | 15.13% | 12.13% |
| Standard deviation | 17.73% | 3.76% | 4.05% | 0.46% |
| Best returns | 62.16% 1 year ending on 25 Mar, 2021 | 25.06% 3 years ending on 03 Apr, 2023 | 22.36% 5 years ending on 17 Apr, 2025 | 13.07% 7 years ending on 22 Jun, 2026 |
| Worst returns | -20.29% 1 year ending on 23 Mar, 2020 | 5.48% 3 years ending on 08 Oct, 2026 | 5.66% 5 years ending on 23 Oct, 2026 | 10.69% 7 years ending on 28 Oct, 2026 |
| Period with positive return | 74.53% | 100.00% | 100.00% | 100.00% |
| Period with return > 5% | 59.90% | 100.00% | 100.00% | 100.00% |
| Period with return > 10% | 49.85% | 90.79% | 88.97% | 100.00% |
| Period with return > 15% | 39.25% | 49.91% | 58.16% | 0.00% |
| Beat % Category | 31.43% | 1.46% | 0.15% | 0.00% |
| Beat % Benchmark | 36.30% | 9.72% | 3.17% | 0.00% |
Trailing Returns
Point-to-point returns of Shriram ELSS Tax Saver Fund Direct-Growth vs category average for YTD, 1M, 6M, 1Y, 3Y, 5Y and 10Y periods — with category rank and total funds count.
0%
5%
10%
-3.2%
-0.6%
-1.9%
YTD
5.0%
4.8%
5.8%
1 M
2.4%
3.6%
2.5%
6 M
-2.4%
-0.3%
-1.0%
1 Y
8.2%
12.5%
11.7%
3 Y
6.9%
10.5%
9.7%
5 Y
13.7%
13.5%
10 Y
Fund
Equity: ELSS - Tax Saver
NIFTY 500 Total Return Index
| Name | YTD | 1 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Since Inception |
|---|---|---|---|---|---|---|---|---|
| Fund | -3.25% | 5.05% | 2.35% | -2.44% | 8.21% | 6.88% | - | 11.64% |
| Equity: ELSS - Tax Saver | -0.57% | 4.80% | 3.64% | -0.34% | 12.54% | 10.50% | 13.72% | - |
| NIFTY 500 Total Return Index | -1.89% | 5.76% | 2.51% | -1.03% | 11.66% | 9.68% | 13.52% | - |
| Rank in category | 27 | 24 | 31 | 28 | 37 | 32 | - | - |
| Funds in category | 40 | 40 | 40 | 40 | 38 | 33 | 29 | - |
Period Returns
Calendar-year, quarterly and monthly return history of Shriram ELSS Tax Saver Fund Direct-Growth. Toggle between bar chart and table view to analyse periodic performance trends.
Historical Performance
Track NAV movement and cumulative returns of Shriram ELSS Tax Saver Fund Direct-Growth across 1M, 6M, 1Y, 3Y, 5Y and since-inception periods. Compare SIP and lumpsum growth over time.
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Frequently Asked Questions
What are the 1-year returns of Shriram ELSS Tax Saver Fund Direct-Growth?
Shriram ELSS Tax Saver Fund Direct-Growth has delivered a 1-year return of -2.44% as of 4 Nov 2026. During the same period, its benchmark NIFTY 500 Total Return Index returned -1.03%. The fund has underperformed its benchmark over this period.
What are the 3-year returns of Shriram ELSS Tax Saver Fund Direct-Growth?
Shriram ELSS Tax Saver Fund Direct-Growth has delivered a 3-year CAGR of 8.21% as of 4 Nov 2026. Its benchmark NIFTY 500 Total Return Index returned 11.66% CAGR over the same period. CAGR (Compounded Annual Growth Rate) is the right way to evaluate multi-year mutual fund performance as it smooths out year-to-year volatility.
What are the 5-year returns of Shriram ELSS Tax Saver Fund Direct-Growth?
Shriram ELSS Tax Saver Fund Direct-Growth has delivered a 5-year CAGR of 6.88% as of 4 Nov 2026. Its benchmark NIFTY 500 Total Return Index returned 9.68% CAGR over the same period. A 5-year track record is considered a more reliable indicator of fund quality than shorter-term performance, as it captures at least one full market cycle.
What are the returns of Shriram ELSS Tax Saver Fund Direct-Growth since inception?
Since its launch on 31 Jan 2019, Shriram ELSS Tax Saver Fund Direct-Growth has delivered a CAGR of 11.64%. Since-inception returns reflect the fund's full history and give the most complete picture of long-term performance.
How has Shriram ELSS Tax Saver Fund Direct-Growth performed vs its category over the long term?
Over the long term, Shriram ELSS Tax Saver Fund Direct-Growth has ranked 37 out of 38 funds in the Equity: ELSS - Tax Saver category on a 3-year basis, and 32 out of 33 funds on a 5-year basis. Category rank is one of several factors to consider alongside risk metrics and rolling return consistency when evaluating a fund.
What is the Sharpe ratio of Shriram ELSS Tax Saver Fund Direct-Growth?
The Sharpe ratio of Shriram ELSS Tax Saver Fund Direct-Growth is 0.15 (as of 4 Nov 2026). The Sharpe ratio measures how much return the fund generates per unit of risk (volatility) taken. A Sharpe ratio above 1.0 is generally considered good — the higher the ratio, the better the risk-adjusted return.
What is the alpha of Shriram ELSS Tax Saver Fund Direct-Growth?
The 3Y alpha of Shriram ELSS Tax Saver Fund Direct-Growth is -2.54% (as of 4 Nov 2026). Alpha measures the excess return generated by the fund over and above its benchmark NIFTY 500 Total Return Index, after adjusting for risk. A positive alpha means the fund manager has added value beyond what the market delivered. A negative alpha means the fund has underperformed its benchmark on a risk-adjusted basis.
What is the beta of Shriram ELSS Tax Saver Fund Direct-Growth?
The beta of Shriram ELSS Tax Saver Fund Direct-Growth is 1.00 (as of 4 Nov 2026). Beta measures how sensitive the fund is to market movements relative to its benchmark NIFTY 500 Total Return Index. A beta of 1 means the fund moves in line with the market. A beta above 1 means it is more volatile than the market; below 1 means it is less volatile. Shriram ELSS Tax Saver Fund Direct-Growth's beta of 1.00 indicates it is more aggressive than its benchmark.
What are the rolling returns of Shriram ELSS Tax Saver Fund Direct-Growth?
The average 1-year and 3-year rolling returns of Shriram ELSS Tax Saver Fund Direct-Growth is 13.94% and 14.98% respectively. Rolling returns show the fund's annualized return across every possible 1-year and 3-year investment window, making them a far more reliable measure of consistency than point-to-point returns, which depend heavily on the start and end date chosen.