MF Gyan
elssHigh risk8 years oldSteady vs its 3-year pace

Shriram ELSS Tax Saver Fund - Direct Plan - Growth

An equity fund that also saves you tax under Section 80C. Money is locked in for 3 years. From Shriram Mutual Fund. It's been running since 1 Feb 2019.

Latest price per unit
₹23.566
▼ 0.27% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.01 L
▲ ₹1.4k gain · 1.4% / year
Invested 3 years ago
₹1.27 L
▲ ₹26.6k gain · 8.2% / year
Invested 5 years ago
₹1.45 L
▲ ₹45.0k gain · 7.7% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.83 L
Gain / loss+₹2.8k
XIRR (annualised)1.05%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.83 L
Projected gain*+₹2.9k
*at this fund's historical rate of 1.05% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 76 other funds in Equity Scheme - ELSS

Same plan
1-year return
1.41%median 2.11% (-0.70%)
Rank #51 of 77Beats 34% of peers
3-year return
8.17%median 9.72% (-1.55%)
Rank #65 of 77Beats 16% of peers
5-year return
7.71%median 9.16% (-1.45%)
Rank #53 of 77Beats 17% of peers
Bumpiness (3Y)
15.71%median 13.76% (+1.95%)
Rank #54 of 77Less risky than 30% of peers
Worst-ever drop
-29.78%median -35.13% (+5.34%)
Rank #64 of 77Less risky than 17% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 5 of last 7 years were positive.

+18%
2020
+21%
2021
+2%
2022
+26%
2023
+18%
2024
-4%
2025
-3%
2026
Best year
2023 · 26.08%
Worst year
2025 · -4.38%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
15.7%

The value swings roughly 16% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-29.78%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Shriram ELSS Tax Saver Fund - Direct Plan - Growth against other elss funds.

Technical details (for the pros)
CAGR — 1 year1.41%
CAGR — 3 years8.17%
CAGR — 5 years7.71%
CAGR — since launch11.95%
Volatility — 1 year (annualised)13.14%
Volatility — 3 years (annualised)15.71%
Max drawdown — 1 year-14.47%
Max drawdown — 3 years-23.50%
Sharpe ratio — 1 year (rf=6%)-0.35
Sharpe ratio — 3 years (rf=6%)0.13

Fund info

Fund house
Shriram Mutual Fund
Category
Equity Scheme - ELSS
Plan
Direct
Option
Growth
ISIN (Growth)
INF680P01158
ISIN (Div re-invest)
—
Fund code
145819
First price on record
1 Feb 2019 · 1,870 daily prices

About Shriram ELSS Tax Saver Fund - Direct Plan - Growth

Shriram ELSS Tax Saver Fund - Direct Plan - Growth is a Equity Scheme - ELSS offered by Shriram Mutual Fund under the Direct plan with the Growth option. It has approximately 8 years of NAV track record. The fund falls in the elss category — An equity fund that also saves you tax under Section 80C. Money is locked in for 3 years.

The current NAV of Shriram ELSS Tax Saver Fund - Direct Plan - Growth is ₹23.5660 (as of 4 Sep 2026). Historically, it has delivered 1.41% over the last year, 8.17% CAGR over 3 years, 7.71% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 15.7% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 29.8%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Shriram ELSS Tax Saver Fund - Direct Plan - Growth?+

The latest NAV of Shriram ELSS Tax Saver Fund - Direct Plan - Growth is ₹23.5660 as of 4 Sep 2026, down 0.27% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Shriram ELSS Tax Saver Fund - Direct Plan - Growth?+

Shriram ELSS Tax Saver Fund - Direct Plan - Growth has delivered 1-year return 1.41%, 3-year CAGR 8.17%, 5-year CAGR 7.71%, since-inception CAGR 11.95%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Shriram ELSS Tax Saver Fund - Direct Plan - Growth belong to?+

Shriram ELSS Tax Saver Fund - Direct Plan - Growth is categorised as Equity Scheme - ELSS. An equity fund that also saves you tax under Section 80C. Money is locked in for 3 years.

How risky is Shriram ELSS Tax Saver Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 15.7%, Shriram ELSS Tax Saver Fund - Direct Plan - Growth sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

What is the lock-in period for Shriram ELSS Tax Saver Fund - Direct Plan - Growth?+

Shriram ELSS Tax Saver Fund - Direct Plan - Growth is an ELSS (Equity Linked Savings Scheme) with a 3-year lock-in on each individual investment. Every SIP installment is locked separately for 3 years from its purchase date — the January 2024 units unlock in January 2027, February 2024 units in February 2027, and so on.

Is Shriram ELSS Tax Saver Fund - Direct Plan - Growth a direct plan?+

Shriram ELSS Tax Saver Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Shriram ELSS Tax Saver Fund - Direct Plan - Growth?+

Shriram ELSS Tax Saver Fund - Direct Plan - Growth has NAV history available from 1 Feb 2019 — approximately 8 years of track record and 1,870 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.