Should I invest in Shriram ELSS Tax Saver Fund - Direct?

We don't give personal investment advice. Shriram ELSS Tax Saver Fund - Direct- IDCW is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 23.5%. 5-year CAGR: 9.87%.

Shriram

Shriram ELSS Tax Saver Fund - Direct- IDCW

Latest NAV

₹23.6218

As of

17 Jul 2026

1,834 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.38%	+0.18%	+0.20	21 / 76	Q2
1W	-0.22%	+0.02%	-0.24	56 / 76	Q3
2W	-0.03%	+0.25%	-0.28	42 / 76	Q3
1M	+1.40%	+1.60%	-0.20	52 / 76	Q3
3M	+2.38%	+3.34%	-0.97	56 / 76	Q3
6M	-0.96%	+1.60%	-2.55	50 / 76	Q3
YTD	-2.52%	+0.65%	-3.17	49 / 76	Q3
1Y	-0.73%	+3.29%	-4.02	30 / 76	Q2
2Y	-5.62%	+2.13%	-7.74	70 / 75	Q4
3Y	+8.92%	+10.81%	-1.90	40 / 75	Q3
4Y	+11.32%	+12.20%	-0.88	32 / 69	Q2
5Y	+9.87%	+10.65%	-0.78	31 / 65	Q2
7Y	+12.54%	+13.29%	-0.75	26 / 63	Q2
10Y	—	—	—	—	—
Inception	+12.20%	+11.17%	+1.03	29 / 76	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-2.52%	-1.35%	-1.17	43 / 70
2025	-4.46%	+2.19%	-6.65	64 / 70
2024	+18.10%	+16.51%	+1.59	22 / 70
2023	+26.43%	+24.04%	+2.38	23 / 68
2022	+3.87%	+1.46%	+2.41	19 / 65
2021	+20.52%	+33.28%	-12.75	62 / 68
2020	+17.85%	+13.91%	+3.94	21 / 68
2019	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+14.46%

79 windows

min -12.3% · max 44.5%

78% positive

3-Year rolling

+15.38%

55 windows

min 8.9% · max 22.5%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+15.71%

31 windows

min 9.6% · max 20.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+12.05%

6 windows

min 11.0% · max 13.4%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

15.07%

3-year · annualised

Sharpe ratio

0.21

vs risk-free 6.5%

Sortino ratio

0.31

Downside-only deviation

Max drawdown

-23.53%

Oct 2024 → Feb 2025

% positive months

66.7%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in ELSS

Scheme	Fund house	NAV	As of
HDFC ELSS Tax saver - IDCW Option - Direct Plan	HDFC	₹93.5760	17 Jul 2026
NIPPON INDIA ELSS TAX SAVER FUND - DIRECT Plan - ANNUAL IDCW Option	Nippon India	₹22.6321	17 Jul 2026
SBI ELSS Tax Saver Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹118.6726	17 Jul 2026
ICICI Prudential ELSS Tax Saver Fund - Direct Plan - IDCW	ICICI Prudential	₹44.8300	17 Jul 2026
Invesco India ELSS Tax Saver Fund - Direct Plan - IDCW Payout	Invesco	₹32.2400	17 Jul 2026
BANDHAN ELSS Tax Saver Fund - Direct Plan - IDCW	Bandhan	₹41.5040	17 Jul 2026
quant ELSS Tax Saver Fund - IDCW Option - Direct Plan	Quant	₹61.4528	17 Jul 2026
Aditya Birla Sun Life ELSS Tax Saver Fund-DIRECT - IDCW	Aditya Birla Sun Life	₹439.8600	17 Jul 2026
Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout	Motilal Oswal	₹39.4071	17 Jul 2026
Franklin India ELSS Tax Saver Fund - Direct - IDCW	Franklin India	₹70.8461	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹23.6218
16 Jul 2026	₹23.5319
15 Jul 2026	₹23.5792
14 Jul 2026	₹23.5476
13 Jul 2026	₹23.7097
10 Jul 2026	₹23.6734
9 Jul 2026	₹23.4284
8 Jul 2026	₹23.2140
7 Jul 2026	₹23.6756
6 Jul 2026	₹23.7314

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Shriram ELSS Tax Saver Fund - Direct- IDCW is ₹23.6218. It's a ELSS from Shriram, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Shriram ELSS Tax Saver Fund - Direct- IDCW has NAV history starting from 01 Feb 2019, a track record of about 7 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Shriram ELSS Tax Saver Fund - Direct- IDCW is managed by Shriram. It's classified by AMFI under the 'ELSS' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Shriram ELSS Tax Saver Fund - Direct- IDCW has delivered a absolute return of -0.73% — -4.02 pp behind the ELSS category average of 3.29%. The fund ranks #30 of 76 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Shriram ELSS Tax Saver Fund - Direct- IDCW has delivered a CAGR of 8.92% — -1.9 pp behind the ELSS category average of 10.81%. The fund ranks #40 of 75 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Shriram ELSS Tax Saver Fund - Direct- IDCW has delivered a CAGR of 9.87% — -0.78 pp behind the ELSS category average of 10.65%. The fund ranks #31 of 65 in its category — the second (Q2) quartile.

₹1 lakh invested in Shriram ELSS Tax Saver Fund - Direct- IDCW exactly 5 years ago would be worth approximately ₹160,111 today — a multiplier of 1.60×, based on the 5-year CAGR of 9.87%. The category average over the same window would have grown ₹1 lakh to ₹165,869.

A ₹10,000 monthly SIP in Shriram ELSS Tax Saver Fund - Direct- IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹724,660 today. That's an XIRR (money-weighted annualised return) of 7.48%.

Shriram ELSS Tax Saver Fund - Direct- IDCW doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,218,222 — XIRR 10.44%.

On a 5-year basis, Shriram ELSS Tax Saver Fund - Direct- IDCW ranks #31 out of 65 funds in the ELSS category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 10.65%; this fund delivered 9.87%.

The worst peak-to-trough decline Shriram ELSS Tax Saver Fund - Direct- IDCW has experienced over the last 5-year window is 23.53% — its NAV fell from a high on 15 Oct 2024 to a low on 28 Feb 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Shriram ELSS Tax Saver Fund - Direct- IDCW averaged 15.71% (best 20.76%, worst 9.57%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.26 — weak risk-adjusted performance.

In calendar year 2025, Shriram ELSS Tax Saver Fund - Direct- IDCW returned -4.46% — lagging the ELSS category average of 2.19% by 6.65 pp. It ranked #64 of 70 in its category that year.

Shriram ELSS Tax Saver Fund - Direct- IDCW is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Shriram ELSS Tax Saver Fund - Direct- IDCW is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 23.5%. 5-year CAGR: 9.87%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Shriram ELSS Tax Saver Fund - Direct- IDCW

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in ELSS

Recent NAVs

Frequently asked questions

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