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: 9.73%.

Shriram

Shriram ELSS Tax Saver Fund - Direct- IDCW

Latest NAV

₹22.6665

As of

3 Jun 2026

1,803 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	+0.28%	+0.12%	+0.17	26 / 76	Q2
1W	-1.33%	-1.31%	-0.02	17 / 76	Q1
2W	+0.60%	+0.08%	+0.52	19 / 76	Q1
1M	-0.64%	-0.99%	+0.35	19 / 76	Q1
3M	-1.79%	-0.23%	-1.55	50 / 76	Q3
6M	-5.96%	-4.25%	-1.71	47 / 76	Q3
YTD	-6.27%	-3.63%	-2.64	46 / 76	Q3
1Y	-0.67%	+1.70%	-2.37	25 / 76	Q2
2Y	-4.68%	+3.10%	-7.78	70 / 75	Q4
3Y	+9.72%	+10.95%	-1.23	39 / 75	Q3
4Y	+10.22%	+11.02%	-0.80	32 / 69	Q2
5Y	+9.73%	+10.65%	-0.91	31 / 65	Q2
7Y	+11.29%	+11.69%	-0.40	27 / 63	Q2
10Y	—	—	—	—	—
Inception	+11.82%	+10.74%	+1.08	28 / 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	-6.27%	-5.99%	-0.28	40 / 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

+14.35%

78 windows

min -17.2% · max 55.9%

73% positive

3-Year rolling

+15.04%

53 windows

min 9.0% · max 22.3%

100% positive

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

5-Year rolling

+15.75%

29 windows

min 9.5% · max 20.5%

100% positive

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

7-Year rolling

+11.76%

5 windows

min 10.6% · max 12.7%

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

15.54%

3-year · annualised

Sharpe ratio

0.26

vs risk-free 6.5%

Sortino ratio

0.37

Downside-only deviation

Max drawdown

-23.53%

Oct 2024 → Feb 2025

% positive months

69.4%

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	₹88.8430	3 Jun 2026
NIPPON INDIA ELSS TAX SAVER FUND - DIRECT Plan - ANNUAL IDCW Option	Nippon India	₹21.9652	3 Jun 2026
SBI ELSS Tax Saver Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹113.4965	3 Jun 2026
ICICI Prudential ELSS Tax Saver Fund - Direct Plan - IDCW	ICICI Prudential	₹43.2500	3 Jun 2026
Invesco India ELSS Tax Saver Fund - Direct Plan - IDCW Payout	Invesco	₹30.0200	3 Jun 2026
BANDHAN ELSS Tax Saver Fund - Direct Plan - IDCW	Bandhan	₹40.0710	3 Jun 2026
quant ELSS Tax Saver Fund - IDCW Option - Direct Plan	Quant	₹59.0826	3 Jun 2026
Aditya Birla Sun Life ELSS Tax Saver Fund-DIRECT - IDCW	Aditya Birla Sun Life	₹417.8400	3 Jun 2026
Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout	Motilal Oswal	₹38.4424	3 Jun 2026
Franklin India ELSS Tax Saver Fund - Direct - IDCW	Franklin India	₹67.3238	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹22.6665
2 Jun 2026	₹22.7140
1 Jun 2026	₹22.6501
29 May 2026	₹22.7878
27 May 2026	₹23.0395
26 May 2026	₹23.0199
22 May 2026	₹22.7062
21 May 2026	₹22.6491
20 May 2026	₹22.6226
19 May 2026	₹22.5793

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 03 Jun 2026, the NAV of Shriram ELSS Tax Saver Fund - Direct- IDCW is ₹22.6665. 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 4 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 -0.67% — -2.37 pp behind the ELSS category average of 1.70%. The fund ranks #25 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 9.72% — -1.23 pp behind the ELSS category average of 10.95%. The fund ranks #39 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 9.73% — -0.91 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 ₹159,111 today — a multiplier of 1.59×, based on the 5-year CAGR of 9.73%. The category average over the same window would have grown ₹1 lakh to ₹165,837.

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 ₹706,636 today. That's an XIRR (money-weighted annualised return) of 6.47%.

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 ₹1,188,521 — XIRR 9.74%.

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 9.73%.

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 15.75% (best 20.45%, worst 9.48%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.27 — 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: 9.73%.

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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