What is Shriram Long Term Equity Fund?

Shriram Long Term Equity Fund is an open ended mutual fund offering that not only gives the investor an opportunity to create wealth by investing into equity but also provides tax saving.

The objective of Shriram Long Term Equity Fund is to generate long term capital appreciation through equity or equity-related instruments and to offer tax benefits under Section 80C of Income Tax Act, 1961.

This product is suitable for investors who are seeking*:
  • Long term capital appreciation with a 3 years lock in and tax benefit
  • Investment in diversified portfolio of predominantly Equity and Equity-related Securities
  • Very High Risk
*Investors should consult their financial advisor if in doubt about whether the product is suitable for them.

What is an ELSS Fund?

What is Section 80C of Income Tax Act, 1961?

Section 80C of Income Tax Act (1961) offers certain provisions for receiving income tax deductions. According to Section 80C:

  • Certain types of investments are eligible for tax deductions.
  • These tax benefits can be claimed by individuals as well as HUF.
  • A deduction of upto Rs. 1.5 lakhs per year can be claimed from total income.

Advantages of ELSS

ELSS or tax-saving funds are the smartest investment options for the long term. They come with benefits such as:

  • Dual Benefits: Investment Growth through Equity as well as Tax Saving.
  • Superior Returns
  • Better Liquidity
  • Compulsory 3 Year Lock-in Period: Lower Risk
  • Fund Manager Flexibility: Performance Stability
  • Long-term Outlook
  • Diversified Portfolio


How does Shriram Long Term Equity Fund construct its portfolio?

Our investment philosophy stresses on

  • Steady market beating returns as opposed to returns oscillating between top quartile in good times and bottom quartile in harsh times
  • Long term perspective
  • Best businesses at the best prices
  • Paying equal attention to upside participation and downside protection
  • Diligently monitoring returns with respect to the objectives stated.

Why should you choose Shriram Long Term Equity?

Shriram Long Term Equity has been designed keeping the end investor in mind. Our portfolio is well-diversified and benchmark-aware but it is also true to mandate. We believe that as investment managers, the most important aspect of our job is to handle risk efficiently and preserve capital to our best efforts. Our fund is diligently monitored and actively diversified, making it ideal for investors who seek long term capital appreciation through investments across various sectors and market capitalisations.

Get in Touch

Meet the Team


Mr. Kartik Soral - Senior Fund Manager

Mr. Kartik Soral, CFA serves as the Senior Fund Manager of Shriram Mutual Fund having an experience of over 12 years in his professional career.

Mr. Kartik has worked as a Fund Manager with YES Asset Management Limited and Edelweiss Asset Management Limited. Earlier, he has been part of the Corporate Finance team at Larsen & Toubro Limited and Global Equity Derivatives team at the Deutsche Bank group.

Mr. Kartik is a graduate in Chemical Engineering from IIT-BHU, Varanasi and has done his Post Graduate Diploma in Management from IIM Ahmedabad. He is also a CFA charter holder.


Ms. Gargi Bhattacharyya Banerjee - Fund Manager

Ms. Gargi Bhattacharyya Banerjee serves as the Fund Manager of Shriram Mutual Fund having an experience of over 19 years into her professional career.

Ms. Gargi Bhattacharyya Banerjee received her Master of Business Management with specialization in Finance and Bachelor of Science with Economics (H) from University of Calcutta.

She joined as Research Manager in Shriram Asset Management Company Limited in November 2012. Prior to joining Shriram Asset Management Company Limited, she has held the key position in the Research team with Zacks Research Private Limited and Shriram Insight Share Brokers Limited.


Mr. Rohit Kumar Chawda – Chief Operating Officer

Mr. Chawda has an experience of 26 years in various domains like Risk, Compliance, Accounts, Operations and Client servicing. He has served under capacities such as Director, Chief Operating Officer and Sr. Vice President in various asset management companies in India like IDBI, SBI, ICICI Prudential, Tata, Mirae, Shriram and Peerless.

His profile has evolved around control and risk free operations. During his last stint with Peerless Funds Management Company Limited, he has developed unique risk frame work covering Operational, Regulatory, Reputation, and Financial risk arising out of each activity across all departments of Asset Management Company.

Mr. Chawda is a graduate in the field of Commerce from Sambalpur University, Odisha.


Mr Chandur Bhaya - Head Sales (Retail)

Mr. Bhaya’s experience and insights have been honed over 39 years of association in Capital Market/Financial services industry. His skill sets of scaling distribution, developing newer markets/products, investment strategy, technical knowledge, training and development of channel partners, have been much appreciated within the industry.

His corporate journey has been with reputed organizations like JM Morgan Stanley Retail Services, JM Asset Management Co, Metlife Life Insurance, Citigroup Global Markets, Shriram Insight Share Brokers, IFAN Finserv (erstwhile ING Financial Services).

His academics include a post graduation in electronics, MMS from SP Jain Institute of Management and Research , and he has also done a MDP from Wharton School of Finance, Pennsylvania-USA.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully


Registered Office: 1006, 10th Floor, "Meadows", Sahar Plaza, Andheri Kurla Road, J. B. Nagar, Andheri (East),
Mumbai – 400 059.

Admin HO :CK-6, 2nd Floor, Sector-II ,Salt Lake City,Kolkata-700091