Shriram ELSS Tax Saver Fund
Shriram ELSS Tax Saver Fund offers the dual advantage of long-term capital appreciation and tax benefits under Section 80C. By investing in a diversified portfolio of equity and equity-related securities, this fund helps you build your financial future while enjoying tax savings.
Start your journey to smarter investing with just a three-year lock-in and the potential for market-beating returns.
About Shriram ELSS Tax Saver Fund
Shriram ELSS Tax Saver Fund is designed to help you achieve long-term wealth creation through a well-researched and diversified portfolio primarily consisting of equity and equity-related securities.
The fund aims to generate capital appreciation by investing across sectors and market capitalizations, balancing growth opportunities with risk management. As an ELSS, it offers investors two benefits: income tax rebate and wealth creation over the long run through equities. The recommended investment horizon is 3+ years for investors to remain invested in alignment with the lock-in requirement. It can be a good tax-saving fund option with a minimum Systematic Investment Plan (SIP) investment starting at ₹500 per month.
Shriram ELSS is an ideal choice if you are looking to build long-term wealth systematically while optimising your tax liability.
Why Invest in Shriram ELSS Tax Saver Fund?
Dual Advantage
Shriram ELSS Tax Saver Fund allows you to grow your money through equity investments while saving tax under section 80C of the Income Tax Law.
Long-term Growth
Our fund is designed for wealth creation over the long term by investing in quality stocks across sector. With a mandatory lock-in period of three years, your investment has the potential to grow significantly, often outperforming the market.
Protection from Market Volatility
A three-year lock-in period provides a safeguard against short-term market fluctuations, allowing your investment to mature without the stress of immediate market movements.
Features & Benefits of Shriram ELSS Tax Saver Funds test
Tax Savings
Our ELSS Tax Saver Fund qualifies for tax rebates as permitted from time to time.
Diversified Portfolio
Your money is spread across large, mid, and small-cap stocks, balancing risk while aiming for strong long-term growth
Capital Growth Potential
The fund provides a lock-in period of three years; hence, you benefit from the discipline of staying invested, maximising your chances for capital appreciation.
Minimum SIP of ₹500
This tax-saving investment requires a low initial investment, which most investors can start with as low as ₹500.
Shortest Lock-in among 80C Options
Enjoy liquidity sooner, as ELSS funds have the shortest lock-in period compared to other tax-saving investments.
Frequently Asked Questions
How does a Shriram ELSS Tax Saver Fund work?
The Shriram ELSS Tax Saver Fund works by investing in a diversified portfolio of equity and equity-related securities to generate income and long-term capital appreciation, while offering tax benefits under Section 80C of the Income Tax Act.
Who should invest in a Shriram ELSS Tax Saver Fund?
The Shriram ELSS Tax Saver Fund is suitable for investors seeking long-term wealth creation and tax benefits, particularly those with a medium to long-term investment horizon and a high-risk tolerance.
What is the minimum investment in a Shriram ELSS Tax Saver Fund?
The minimum investment in the Shriram ELSS Tax Saver Fund is ₹500 for lump sum and ₹500 for SIP investments.
What is the lock-in period for an ELSS Tax Saver Fund?
The lock-in period for an ELSS Tax Saver Fund, including Shriram ELSS Tax Saver Fund, is three years from the date of investment.
Can I withdraw my ELSS investment before the lock-in period?
No, with the ELSS Tax Saver Fund lock-in period of three years, you cannot withdraw your investment from an ELSS Tax Saver Fund before completing the three-year lock-in period.