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.

₹22.64

▲0.2%1D

NAV as on 14 Aug 2025

11.31%/per year

Since Inception

Absolute Gain%

▲▼

135 people have invested ₹ 2.7L 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 (14-Aug-25)

The fund has outperformed the benchmark (Nifty 500) over 1Y, 3Y, but underperformed over 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-0.35%
4.91%
12.86%
1.98%
15.85%
18.92%
Nifty 500
-3.38%
-0.83%
9.92%
-1.63%
14.07%
19.74%
Elss (Tax Savings) Avg
-2.2%
1.84%
10%
0.87%
16.56%
20.95%
Best in Elss (Tax Savings)
-0.35%
4.91%
15.69%
9.91%
25.55%
28.86%
Worst in Elss (Tax Savings)
-5.14%
-0.79%
4.75%
-8.62%
12.2%
15.05%

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
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Groww ELSS Tax Saver Fund
-
52Cr
0.85%
1.98%
15.85%
0.54
0.97
0.75
1.15
0.05
Parag Parikh ELSS Tax Saver Fund Direct Growth
1/23
5,538Cr
0.62%
8.78%
19.88%
6.40
0.66
1.36
2.55
0.64
HDFC ELSS TaxSaver Fund Direct Growth
2/23
16,579Cr
1.07%
6.4%
22.15%
6.93
0.84
1.35
2.59
1.88
SBI ELSS Tax Saver Fund Direct Growth
3/23
30,271Cr
0.95%
0.17%
24.48%
8.20
0.95
1.33
2.51
2.38
See all
Positive: Beats FD returns for both 3Y & 5Y duration
Beats FD returns for both 3Y & 5Y duration
Negative: 5Y returns in the bottom 25% of the category
5Y 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
▲
▼

Groww ELSS Tax Saver Fund Asset Allocation

See fund asset allocation details as on (14-Aug-25)

Fund Distribution

as on (14-Aug-25)

Equity 88%

Debt & Cash 12.1%

Large cap
54.4%
Mid cap
18.6%
Small cap
14.9%
Large Cap allocation has gone up from 46.4% to 54.4%
Large Cap allocation has gone up from 46.4% to 54.4%
Small Cap allocation has gone down from 19.5% to 14.9%
Small Cap allocation has gone down from 19.5% to 14.9%
Mid Cap allocation has gone up from 17% to 18.6%
Mid Cap allocation has gone up from 17% to 18.6%
Cash allocation has gone down from 16.3% to 12%
Cash allocation has gone down from 16.3% to 12%

Groww ELSS Tax Saver Fund Sector Allocation

See fund sector allocation details as on (14-Aug-25)

Sector Allocation

Equity 88%

Debt & Cash 12.1%

Financial Services
28.1%
Industrial
21.7%
Tech
18.7%
Consumer Cyclical
14.1%
Health
7.3%
Basic Materials
5.3%
Communication
2.5%
Consumer Defensive
2.3%

Top 3 Sectors in July were Financial Services, Consumer Cyclical & Industrial

Jul'25

Financial Services

36%

Consumer Cyclical

16%

Industrial

12%

Jun'25

Financial Services

33%

Consumer Cyclical

24%

Industrial

15%

Groww ELSS Tax Saver Fund Holdings Details

as on (31-Jul-25)

Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
7.49%
6.5%
ICICI Bank Ltd
7.32%
0%
Reliance Industries Ltd
4.46%
60%
Bharti Airtel Ltd
3.89%
0%
Bajaj Holdings and Investment Ltd
3.24%
0%
See all
Top Stocks bought last month
Reliance Industries Ltd's allocation increased from 3% to 4.46%
Reliance Industries Ltd's allocation increased from 3% to 4.46%
HDFC Bank Ltd's allocation increased from 6.94% to 7.49%
HDFC Bank Ltd's allocation increased from 6.94% to 7.49%
ICICI Bank Ltd's allocation increased from 7.11% to 7.32%
ICICI Bank Ltd's allocation increased from 7.11% to 7.32%
Top Stocks sold last month
Bharti Airtel Ltd's allocation decreased from 4.06 % to 3.89 %
Bharti Airtel Ltd's allocation decreased from 4.06 % to 3.89 %
Bajaj Finance Ltd's allocation decreased from 3.36 % to 3.12 %
Bajaj Finance Ltd's allocation decreased from 3.36 % to 3.12 %
GE Vernova T&D India Ltd's allocation decreased from 2.47 % to 2.3 %
GE Vernova T&D India Ltd's allocation decreased from 2.47 % to 2.3 %

Groww ELSS Tax Saver Fund Direct Growth Overview

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

Expense ratio0.85%
Benchmark
BSE 500 India TR INR
AUM₹52 Cr
Inception Date28 December, 2017
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
183.61%
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 Paras Matalia. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Groww ELSS Tax Saver Fund Direct Growth has ₹52 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

Groww ELSS Tax Saver Fund Direct Growth has given a CAGR return of 11.31% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 1.98%, 15.85% and 18.92% respectively.

Holdings

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

Paras Matalia

Fund Manager of Groww ELSS Tax Saver Fund Direct Growth, since 14 July 2025

Learn more about Groww Mutual Fund
Parameters
Jul'25
Jun'25
May'25
AUM
₹ 52.4 Cr
₹ 52.7 Cr
₹ 50.7 Cr
  • AUM of the fund stands at 52.4 Cr as of Jul'25
  • AUM decreased by 0.3 Cr between Jul'25 and Jun'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

How do I invest in Groww ELSS Tax Saver Fund?

INDmoney makes it simple to invest in the Groww ELSS Tax Saver Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Groww ELSS Tax Saver Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

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

The NAV of the fund today is ₹22.64. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Groww ELSS Tax Saver Fund fund has generated a return of 1.98% in 1 year, 15.85% in 3 years, 18.92% in 5 years.

Who is the fund manager of Groww ELSS Tax Saver Fund?

The fund managers are Paras Matalia.

What is the expense ratio of the fund?

The expense ratio is 0.85%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹52 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

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

The top 3 holdings of the fund are HDFC Bank Ltd(7.49%), ICICI Bank Ltd(7.32%), Reliance Industries Ltd(4.46%)