I have been using cleartax for investment from last 3 years ! Very effective and easy to use !
Shriram Long Term Equity Fund Direct Growth
2Direct
Growth
3 yr CAGR
+22.13%
2Direct
Growth
3 yr CAGR
+22.13%
Save up to Rs 46,800 in taxes every year.
Highest returns compared to other 80C investments.
Lowest lock-in of 3 years
| Tax Saving FD | PPF | ELSS | |
|---|---|---|---|
| Average Annualised Returns i | 6% | 8% | 12% |
| Tax rates i | 30% | Not taxable | 10%* |
| Returns after tax i | 4.2% | 8.00% | 10.80% |
| Current rate of Inflation i | 4% | 4% | 4% |
| Real Rate of Return i | 0.2% | 4.00% | 6.80% |
| Lock-in Period i | 5 years | 15 years | 3 years |
*Taxable @ 10% over and above Rs 1 lakh.
Fund overview
Net Asset Value
₹17.1944
AUM (Fund size)
37.59 Crore
Lock-in period
3 years
Exit Load
0% in 0 days
Expense ratio
0.6%
Risk
Very High
Start your investment
Lumpsum
SIP
Amount
₹
Estimated value after 3 years
(as per historical returns)
2.57 Lakhs ₹
Min investment of ₹500 required
Top holdings
| Holdings | Weightage |
|---|---|
| ICICI Bank Ltd | 9.17% |
| Reliance Industries Ltd | 8.93% |
| HDFC Bank Ltd | 7.3% |
| Rural Electrification Corporation Limited | 7.3% |
| Infosys Ltd | 5.53% |
| State Bank of India | 5.08% |
| Tata Consultancy Services Ltd Shs Dematerialised | 4.58% |
| Axis Bank Ltd | 3.6% |
| Larsen & Toubro Ltd | 3.07% |
| Solar Industries India Ltd | 2.56% |
Calculate returns
Monthly (SIP)
One-Time
₹
yrs
₹4,000 invested monthly becomes ₹0 in a period of 20 years
Top Sectors
Related Funds
| Fund | NAV | 3yr Returns | Risk |
|---|---|---|---|
| 32.29 | 29.64% | Very High Risk | |
| 267.92 | 31.15% | Very High Risk | |
| 90.26 | 26.31% | Very High Risk | |
| 89.80 | 31.19% | Very High Risk | |
| 85.03 | 28.47% | Very High Risk | |
| 131.40 | 29.57% | Very High Risk | |
| 93.26 | 30.62% | Very High Risk | |
| 88.53 | 32.04% | Very High Risk | |
| 678.46 | 28.4% | Very High Risk |
Key Ratios
Key Ratios
| Ratio | This Fund | Category Avg | Insight |
|---|---|---|---|
| Alpha | -2.98% | 0.99% | Worse than category avg |
| Beta | 0.84% | 0.9% | Better than category avg |
| Returns generated per unit risk | 1% | 1.22% | Worse than category avg |
| Downside Capture ratio | 93.74% | 88.83% | Worse than category avg |
Alpha
Worse than category avg
Worse than category avgThe fund has underperformed the benchmark and has provided lower returns than the expected catgeory average
This fund
-2.98
Category avg.
0.99
Beta
Better than category avg
Better than category avgThe fund is more stable as compared to the index and is hence less risky as compared to category average
This fund
0.84
Category avg.
0.9
Returns generated per unit riskWorse than category avg
Worse than category avgThe fund house could have taken better investment decisions in ensuring you get a good return for the risk you undertook
This fund
1
Category avg.
1.22
Downside Capture ratioWorse than category avg
Worse than category avgThe fund has captured almost all the downside in the benchmark meaning risk management has been below par
This fund
93.74
Category avg.
88.83
About Shriram Asset Management Co Ltd
Managers | Gargi Banerjee, Deepak Ramaraju |
Custodians | Stock Holding Corporation of India |
Address | Shriram Asset Management Co. Ltd. CK-6, 2nd Floor, |
Fax Nos. | +91 33 23373014 |
Telephone Nos. | +91 33 23373012 |
Homepage | www.shriramamc.com |
See what our clients have to say
Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends
I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great.
Start your investment
Lumpsum
SIP
Amount
₹
Estimated value after 3 years
(as per historical returns)
2.57 Lakhs ₹
Min investment of ₹500 required
Why Invest with ClearTax
Choose from best funds
Invest in hand-picked top performing Mutual funds
Bank graded security
Data security is our top priority. 128 Bit Bank Grade SSL. ISO 27001 DC.
Easy to invest
Sign up and start investing online within minutes.
Easy to withdraw
Withdraw anytime in 1-click with no paperwork needed
Easy to track
Track / monitor your investments 24*7 on your dashboard
Instant investment proof
Get your 80C investment proof instantly and submit to HR.
3 easy steps to complete your investment
Complete the entire investment process in just three simple steps and enjoy your returns.
Select the amount to invest
Choose from 200+ mutual funds catered for you
Enter personal details
Complete your KYC and get registered
Pay and your are done!
Checkout and see your money grow
Frequently Asked Questions
What are equity funds?
Equity funds are schemes which concentrate their investments in shares of companies of different market capitalization
What are large cap, mid cap, small cap and multi cap equity funds?
SEBI ranks all listed companies based on the overall market capitalization. Large-cap funds invest in top 100 companies Mid-cap funds invest in companies ranking from 101 to 250 Small-cap funds invest in companies ranking from 251st onwards. Multi-cap funds invest in small cap, mid cap and large cap companies
What are ELSS funds?
ELSS funds are tax saving mutual funds, in which majority of the funds are invested in equity schemes. ELSS has a lock-in period of 3 years.
What are Bluechip funds?
Bluechip funds are those funds that invest in stocks of well established companies which have proved to perform financially well over a long period of time.
What is a lock-in period?
It is the period for which your money will remain locked in the mutual fund. Most mutuals do not have any lock-in period. ELSS, Tax-Savers, come with a lock-in of 3 years which is the lowest compared to other 80C investment options. Lock-in period is calculated from the date of investment. Meaning SIPs will have different lock-in dates
Is KYC necessary for BLACK?
KYC is necessary for all fund houses. If you are investing through BLACK, you need to do your KYC just once. The same KYC will be used for all further investments.
What is a Mandate (Auto-SIP)?
A Mandate is a one-time registration through which you instruct your bank account to deduct a specified amount of money from your account daily towards investing into a SIP portfolio. Once you register for Mandate, you don’t have to follow the payment process every time you invest in the SIP.
