Groww ELSS Tax Saver Fund Direct Growth

Groww ELSS Tax Saver Fund Direct Growth

Equity

Groww Mutual Fund

Elss (Tax Savings)

Get the latest NAV of Groww ELSS Tax Saver Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹21.39

▲0.3%1D

NAV as on 13 May 2025

10.86%/per year

Since Inception

Absolute Gain%

▲▼

123 people have invested ₹ 3.6L in Groww ELSS Tax Saver Fund Direct Growth in the last three months

Groww ELSS Tax Saver Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (13-May-25)

The fund has underperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
Nifty 500
Category Avg
1 Month
8.69%
7.69%
7.25%
3 Months
5.06%
6.91%
5.65%
6 Months
-1.56%
1.98%
0.18%
1 Year
6.36%
8.96%
9.49%
3 Years
18.15%
18.38%
20.27%
5 Years
21.38%
23.86%
24.54%

INDmoney Rank

Powered by IND quant engine

IND ranking is not available for this fund.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Groww ELSS Tax Saver Fund
-
47Cr
0.55%
6.36%
18.15%
10.86%
SBI Long Term Equity Fund Direct Growth
3/23
28,506Cr
0.94%
11.21%
28.7%
16.67%
DSP ELSS Tax Saver Fund Direct Growth
4/23
16,638Cr
0.72%
17.57%
24.21%
18.19%
Mirae Asset ELSS Tax Saver Fund Direct Growth
7/23
24,774Cr
0.6%
12.24%
19.9%
19.37%
See all
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Beats FD returns for both 3Y & 5Y duration
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5Y returns in the bottom 25% of the category
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3Y returns in the bottom 25% of the category

Groww ELSS Tax Saver Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Groww ELSS Tax Saver Fund Asset Allocation

See fund asset allocation details as on (15-Apr-25)

Fund Distribution

as on (15-Apr-25)

Equity 96%

Debt & Cash 4%

Large cap
52.2%
Mid cap
25.8%
Small cap
18%
Mid Cap allocation has gone up from 21.6% to 22.4%
Mid Cap allocation has gone up from 21.6% to 22.4%
Large Cap allocation has gone up from 50.6% to 51.1%
Large Cap allocation has gone up from 50.6% to 51.1%
Small Cap allocation has gone up from 18.6% to 19.8%
Small Cap allocation has gone up from 18.6% to 19.8%
Cash allocation has gone down from 9.2% to 6.7%
Cash allocation has gone down from 9.2% to 6.7%

Groww ELSS Tax Saver Fund Sector Allocation

See fund sector allocation details as on (15-Apr-25)

Sector Allocation

Equity 96%

Debt & Cash 4%

Financial Services
26.9%
Consumer Cyclical
25.8%
Industrial
21.2%
Tech
14.5%
Health
5.9%
Consumer Defensive
3.6%
Basic Materials
2.1%

Top 3 Sectors in March were Financial Services, Consumer Cyclical & Tech

Mar'25

Financial Services

39%

Consumer Cyclical

20%

Industrial

15%

Feb'25

Financial Services

33%

Consumer Cyclical

21%

Tech

17%

Groww ELSS Tax Saver Fund Holdings Details

as on (30-Apr-25)

Equity

Holdings
Weight%
1M Change
ICICI Bank Ltd
7.81%
35.7%
HDFC Bank Ltd
7.43%
99.2%
State Bank of India
4.89%
0%
Bharti Airtel Ltd
4.19%
0%
Bajaj Finance Ltd
3.38%
0%
See all
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 3.16% to 6.09%
HDFC Bank Ltd's allocation increased from 3.16% to 6.09%
ICICI Bank Ltd's allocation increased from 5.4% to 7.52%
ICICI Bank Ltd's allocation increased from 5.4% to 7.52%
Persistent Systems Ltd's allocation increased from 2.32% to 3.68%
Persistent Systems Ltd's allocation increased from 2.32% to 3.68%
Top Stocks sold last month
Bajaj Finance Ltd's allocation decreased from 3.71 % to 3.57 %
Bajaj Finance Ltd's allocation decreased from 3.71 % to 3.57 %
Cholamandalam Investment and Finance Co Ltd's allocation decreased from 3.84 % to 3.25 %
Cholamandalam Investment and Finance Co Ltd's allocation decreased from 3.84 % to 3.25 %
Craftsman Automation Ltd's allocation decreased from 2.91 % to 2.89 %
Craftsman Automation Ltd's allocation decreased from 2.91 % to 2.89 %

Groww ELSS Tax Saver Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.55%
Benchmark
BSE 500 India TR INR
AUM₹47 Cr
Inception Date28 December, 2017
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
89.53%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About Groww ELSS Tax Saver Fund

Groww ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 28 December, 2017. The fund is managed by Anupam Tiwari. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Groww ELSS Tax Saver Fund Direct Growth has ₹47 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

Groww ELSS Tax Saver Fund Direct Growth has given a CAGR return of 10.86% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.36%, 18.15% and 21.38% respectively.

Holdings

Groww ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Tech, Basic Materials, Communication, Energy, Consumer Defensive. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, State Bank of India, Bharti Airtel Ltd, Bajaj Finance Ltd

Taxation

As it is a elss (tax savings) mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Groww ELSS Tax Saver Fund Direct Growth

The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related Securities. The scheme shall offer tax benefits under Section 80C of the Income Tax Act. However, there can be no assurance that the investment objective of the scheme will be achieved. The Scheme does not assure or guarantee any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Groww ELSS Tax Saver Fund Direct Growth of 3 Years

Fund Manager

Anupam Tiwari

Fund Manager of Groww ELSS Tax Saver Fund Direct Growth, since 4 May 2023

Learn more about Groww Mutual Fund
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 46.4 Cr
₹ 42.6 Cr
₹ 46.2 Cr
  • AUM of the fund stands at 46.4 Cr as of Mar'25
  • AUM increased by 3.8 Cr between Mar'25 and Feb'25

Compare Groww ELSS Tax Saver Fund

Groww ELSS Tax Saver Fund

VS

Axis ELSS Tax Saver Fund Direct Growth

Frequently Asked Questions for Groww ELSS Tax Saver Fund Direct Growth

What is the current NAV of Groww ELSS Tax Saver Fund Direct Growth?

The current NAV of Groww ELSS Tax Saver Fund Direct Growth is ₹21.39 as on 13-May-2025.

What are the average returns of Groww ELSS Tax Saver Fund Direct Growth?

Existing (Absolute + CAGR) as on 13-May-2025.
Groww ELSS Tax Saver Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.69%
8.69%
6 Month Returns
-1.56%
-1.56%
1 Year Returns
6.36%
6.36%
3 Years Returns
64.92%
18.15%

How do I invest in Groww ELSS Tax Saver Fund Direct Growth?

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.

What is the expense ratio of Groww ELSS Tax Saver Fund Direct Growth?

0.55% as on April 2025

What is net assets under management (AUM) of Groww ELSS Tax Saver Fund Direct Growth?

₹47 Cr as on April 2025

What are the top 5 holdings of Groww ELSS Tax Saver Fund Direct Growth?

ICICI Bank Ltd(7.81%), HDFC Bank Ltd(7.43%), State Bank of India(4.89%), Bharti Airtel Ltd(4.19%), Bajaj Finance Ltd(3.38%) as on April 2025

What are the top 3 sectors that this Groww ELSS Tax Saver Fund Direct Growth has invested in?

Financial Services(37.7%), Consumer Cyclical(17.89%), Industrial(15.38%) as on April 2025

What is the alpha of Groww ELSS Tax Saver Fund Direct Growth?

The alpha ratio for the Groww ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Groww ELSS Tax Saver Fund Direct Growth
-5.15
-0.31
-2.23
As on April 2025
The alpha for Groww ELSS Tax Saver Fund Direct Growth is calculated against BSE 500 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%.

What is the beta of Groww ELSS Tax Saver Fund Direct Growth??

The Beta ratio for the Groww ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Groww ELSS Tax Saver Fund Direct Growth
0.95
0.95
0.93
As on April 2025
The Beta for Groww ELSS Tax Saver Fund Direct Growth is calculated with BSE 500 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.

What is the sharpe ratio of Groww ELSS Tax Saver Fund Direct Growth?

The sharpe ratio for the Groww ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Groww ELSS Tax Saver Fund Direct Growth
-0.3
0.55
0.96
As on April 2025
The sharpe ratio for Groww ELSS Tax Saver Fund Direct Growth is calculated with BSE 500 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.

What is the standard deviation of Groww ELSS Tax Saver Fund Direct Growth?

The standard deviation for the Groww ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Groww ELSS Tax Saver Fund Direct Growth
16.77
14.7
14.15
As on April 2025
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.

What is the Sortino ratio of Groww ELSS Tax Saver Fund Direct Growth?

Sortino ratio is 0.85 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

Who is the manager of Groww ELSS Tax Saver Fund Direct Growth?

Anupam Tiwari is the fund manager of Groww ELSS Tax Saver Fund Direct Growth

What is the exit load of Groww ELSS Tax Saver Fund Direct Growth?

The Exit load of Groww ELSS Tax Saver Fund Direct Growth is 0%