Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 20.64 as on 30-04-2024
Fund Performance
9 people have invested ₹ 8K in Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl in the last three months
About the Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl
Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 28 December, 2017. The fund is managed by Anupam Tiwari, Kaustubh Sule. The fund could potentially beat inflation in the long-run.
Key Parameters
- Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl has ₹45 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Overview
 | 0.55% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹45 Cr |
 | 28 December, 2017 |
 | ₹500/₹1000 |
 | 0% |
 | 3 Years |
 TurnOver | 25.31% |
Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl Distribution as on (31-Mar-24)
Size breakup
Large cap
64.6%
Small cap
14.5%
Mid cap
13.9%
Sector Allocation
Financial Services
28.2%
Consumer Cyclical
18.4%
Industrial
18.2%
Tech
13.7%
Basic Materials
5.1%
Health
4.6%
Communication
3.3%
Energy
3.2%
Consumer Defensive
2.4%
Real Estate
1.8%
Utilities
1.1%
Top Holdings of Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl as on (30-Apr-24)
Equity Holdings50
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 7.95% | 0% | |
 Larsen & Toubro Ltd | 5.96% | 0% | |
 HDFC Bank Ltd | 4.36% | 0% | |
 Birlasoft Ltd | 3.24% | 29.3% | |
 Mahindra & Mahindra Ltd | 3.16% | 0% |
See all
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.11% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 1.58% in Mar'24
AUM Change
- AUM of the fund stands at 44.5 Cr as of Mar'24
- AUM increased by 0.6 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Bharti Airtel Ltd | 9.5% |
 Zomato Ltd | 4.9% |
Peer Analysis
Fund Manager
Anupam Tiwari
Fund Manager of Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl, since 4 May 2023
Top funds managed
Kaustubh Sule
Fund Manager of Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl, since 11 May 2023
Top funds managed
Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 12.11% since inception which is less than its category average return of 15.84%
Fund Allocations
This fund has an allocation of 94.8% in Equity, 0% in Debt and 5.2% in Cash related instruments
AUM size ₹45 Cr
This fund has AUM of ₹45 Cr which is less than its category average of ₹ 3525 Cr
Expense Ratio 0.55%
This fund has an expense ratio of 0.55% which is less than its category average expense ratio of 1.48%
Frequently Asked Questions
The current NAV of Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl is ₹20.64 as on 30-Apr-2024.
Existing (Absolute + CAGR) as on 30-Apr-2024.
Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 2.99% | 2.99% |
6 Month Returns | 27.88% | 27.88% |
1 Year Returns | 40.22% | 40.22% |
3 Years Returns | 73.15% | 20.08% |
5 Years Returns | 112.13% | 16.23% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.55% as on April 2024
₹45 Cr as on April 2024
ICICI Bank Ltd(7.95%), Larsen & Toubro Ltd(5.96%), HDFC Bank Ltd(4.36%), Birlasoft Ltd(3.24%), Mahindra & Mahindra Ltd(3.16%) as on April 2024
Financial Services(26.78%), Consumer Cyclical(17.41%), Industrial(17.23%) as on April 2024
The alpha ratio for the Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on April 2024
The alpha for Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on April 2024
The Beta for Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on April 2024
The sharpe ratio for Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl | 11.02 | 12.6 | 17.37 |
As on April 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Anupam Tiwari, Kaustubh Sule are the fund managers of Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl
The Exit load of Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl is 0%