Groww ELSS Tax Saver Fund - Growth - Direct Plan

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  • Net Change on 16-07-2024

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Fund Overview Growth | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

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Fund Objective

The investment objective of the Scheme is to generate long-term capital appreciation from adiversified portfolio of predominantly equity and equity-related Securities. The scheme shalloffer tax benefits under Section 80C of the Income Tax Act.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund)- Direct Plan- Growth Option 3.83 12.72 41.93 19.81 18.43 13.39
BSE 500 - TRI 4.59 14.12 39.40 20.30 20.94 12.85
NIFTY 50 - TRI N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund)- Direct Plan- Growth Option Dec 28, 2017 Unrated 41.93 19.81 18.43 0.55 48.68
Axis ELSS Tax Saver Fund - Direct Plan - Growth Option Jan 01, 2013 Unrated 29.83 11.94 16.42 0.80 37,106.30
SBI Long Term Equity Fund - DIRECT PLAN -GROWTH Jan 01, 2013 58.57 28.76 25.99 0.94 25,738.08
Mirae Asset ELSS Tax Saver Fund - Direct Plan - Growth Dec 28, 2015 38.66 19.48 23.24 0.60 24,345.83
Aditya Birla Sun Life ELSS Tax Saver Fund - Growth - Direct Plan Jan 01, 2013 36.02 14.33 15.52 0.91 16,320.18
DSP ELSS Tax Saver Fund - Direct Plan - Growth Dec 31, 2012 50.62 22.66 24.38 0.75 16,283.78

Fund Holdings as on 30-June-2024

  • HDFC Bank Limited

  • ICICI Bank Limited

  • Axis Bank Limited

  • CCIL

  • Larsen & Toubro Limited

  • State Bank of India

  • Reliance Industries Limited

  • Birlasoft Ltd

  • Hero MotoCorp Limited

  • Samvardhana Motherson International Ltd

  • Mahindra & Mahindra Limited

  • Tata Consultancy Services Limited

  • PERSISTENT SYSTEMS LTD

  • Net Receivable/Payable

  • UltraTech Cement Limited

  • Cholamandalam Invest & Finance Co Ltd

  • Cummins India Limited

  • ABB India Limited

  • Zomato Limited

  • Coal India Limited

  • IndusInd Bank Limited

  • Life Insurance Corporation Of India

  • KEI Industries Limited

  • Bharti Airtel Limited

  • LTIMindtree Ltd

  • Bajaj Auto Limited

  • Jubilant Foodworks Limited

  • MphasiS Limited

  • Bajaj Finance Limited

  • The Indian Hotels Company Limited

  • Bharat Electronics Limited

  • Trent Limited

  • Hindalco Industries Limited

  • Bharat Dynamics Limited

  • SAFARI INDUSTRIES (INDIA) LIMITED

  • Creditaccess Grameen Limited

  • SYRMA SGS TECHNOLOGY LIMITED

  • CRAFTSMAN AUTOMATION LIMITED

  • HCL Technologies Limited

  • L&T Technology Services Ltd

  • Yatharth Hospital & Trauma Care Serv Ltd

  • Maruti Suzuki India Limited

  • Varun Beverages Limited

  • InterGlobe Aviation Limited

  • Sansera Engineering Limited

  • Jyothy Labs Limited

  • Mrs Bectors Food Specialities Ltd

  • Samhi Hotels Limited

  • HAPPY FORGINGS LIMITED

  • Angel One Limited

  • Steel Strips Wheels Ltd

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  • Bank - Private

  • IT - Software

  • Miscellaneous

  • Auto Ancillary

  • Finance - NBFC

  • Automobile Two & Three Wheelers

  • Engineering - Construction

  • Automobiles - Passenger Cars

  • Consumer Food

  • Bank - Public

  • Refineries

  • Hotel, Resort & Restaurants

  • Household & Personal Products

  • Cement & Construction Materials

  • Diesel Engines

  • Electric Equipment

  • e-Commerce

  • Mining & Minerals

  • Insurance

  • Cable

  • Telecommunication - Service Provider

  • Engineering - Industrial Equipments

  • Retailing

  • Metal - Non Ferrous

  • Defence

  • Electronics - Components

  • Hospital & Healthcare Services

  • Airlines

  • Forgings

  • Finance - Stock Broking

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Fund Manager

  • Education:MBA, B.Tech
  • Experience:17
  • Basic Details:Mr. Madhu Babu has over 17 years of experience in equity markets. Prior to joining GMF, he was associated with Canara HSBC Life Insurance as Assistant Fund Manager for three years. Prior to that, he has 14 years’ experience as Sell side analyst tracking IT, Telecom and Internet sectors.
  • Funds Managed:
  • Groww ELSS Tax Saver Fund
  • Groww ELSS Tax Saver Fund
  • Groww ELSS Tax Saver Fund
  • Cash

  • Equity

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About Groww ELSS Tax Saver Fund

Scheme Analysis

Groww ELSS Tax Saver Fund is a Equity - ELSS fund and belongs to Groww Mutual Fund. It was launched on 28-Dec-2017 and currently has an AUM of ₹48.68 crore. Groww ELSS Tax Saver Fund is benchmarked against BSE 500 - TRI as primary index and NIFTY 50 - TRI as secondary index.

The NAV of Groww ELSS Tax Saver Fund ended down ₹-0.04(-0.18%)yesterday to ₹22.74.

Among its top 3 holdings the fund has exposure to HDFC Bank Limited, and

The Groww ELSS Tax Saver Fund is managed by Anupam Tiwari and Madhu Babu.

Fund House Contact

Vaishnavi Tech Park, South Tower, 3rd Floor, Survey No.16/1 and 17/2, Ambalipura Village, Varthur Hobli, Bellandur, Bangalore South Bangalore - 560103

022-6974 4435
support@growwmf.in
022-66589925