Groww ELSS Tax Saver Fund Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹49 Cr
Expense Ratio
0.55%
ISIN
INF666M01DK7
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
28 Dec 2017
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹21.96, Assets Under Management (AUM) of 49.08 Crores, and an expense ratio of 0.55%.
- Groww ELSS Tax Saver Fund Direct Growth has given a CAGR return of 12.08% since inception.
- The fund's asset allocation comprises around 94.48% in equities, 0.00% in debts, and 5.52% in cash & cash equivalents.
- You can start investing in Groww ELSS Tax Saver Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+28.87%
+27.83% (Cat Avg.)
3 Years
+14.45%
+14.94% (Cat Avg.)
5 Years
+16.83%
+19.25% (Cat Avg.)
Since Inception
+12.08%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹46.38 Cr | 94.48% |
| Others | ₹2.71 Cr | 5.52% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹3.48 Cr | 7.10% |
| Larsen & Toubro Ltd | Equity | ₹2.52 Cr | 5.14% |
| Net Receivable/Payable | Cash | ₹2.12 Cr | 4.32% |
| National Aluminium Co Ltd | Equity | ₹1.62 Cr | 3.30% |
| HCL Technologies Ltd | Equity | ₹1.54 Cr | 3.13% |
| Axis Bank Ltd | Equity | ₹1.48 Cr | 3.01% |
| Persistent Systems Ltd | Equity | ₹1.42 Cr | 2.90% |
| State Bank of India | Equity | ₹1.41 Cr | 2.87% |
| Craftsman Automation Ltd | Equity | ₹1.4 Cr | 2.86% |
| Hero MotoCorp Ltd | Equity | ₹1.37 Cr | 2.78% |
| Multi Commodity Exchange of India Ltd | Equity | ₹1.27 Cr | 2.58% |
| KEI Industries Ltd | Equity | ₹1.19 Cr | 2.43% |
| Samvardhana Motherson International Ltd | Equity | ₹1.19 Cr | 2.42% |
| Indian Bank | Equity | ₹1.15 Cr | 2.34% |
| Mphasis Ltd | Equity | ₹1.02 Cr | 2.08% |
| Spicejet Ltd | Equity | ₹1 Cr | 2.03% |
| NTPC Ltd | Equity | ₹0.99 Cr | 2.02% |
| UltraTech Cement Ltd | Equity | ₹0.99 Cr | 2.01% |
| Premier Energies Ltd | Equity | ₹0.97 Cr | 1.98% |
| Bank of Baroda | Equity | ₹0.97 Cr | 1.97% |
| Zomato Ltd | Equity | ₹0.97 Cr | 1.97% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹0.96 Cr | 1.96% |
| InterGlobe Aviation Ltd | Equity | ₹0.94 Cr | 1.92% |
| Cummins India Ltd | Equity | ₹0.94 Cr | 1.91% |
| Bharat Electronics Ltd | Equity | ₹0.93 Cr | 1.90% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹0.9 Cr | 1.84% |
| ABB India Ltd | Equity | ₹0.87 Cr | 1.77% |
| Life Insurance Corporation of India | Equity | ₹0.86 Cr | 1.76% |
| Angel One Ltd Ordinary Shares | Equity | ₹0.85 Cr | 1.73% |
| Shriram Pistons & Rings Ltd | Equity | ₹0.84 Cr | 1.71% |
| Ipca Laboratories Ltd | Equity | ₹0.84 Cr | 1.71% |
| Indian Hotels Co Ltd | Equity | ₹0.76 Cr | 1.54% |
| Balkrishna Industries Ltd | Equity | ₹0.74 Cr | 1.51% |
| Safari Industries (India) Ltd | Equity | ₹0.67 Cr | 1.36% |
| Orient Electric Ltd Ordinary Shares | Equity | ₹0.64 Cr | 1.31% |
| Yatharth Hospital and Trauma Care Services Ltd | Equity | ₹0.64 Cr | 1.30% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹0.62 Cr | 1.27% |
| FIEM Industries Ltd | Equity | ₹0.59 Cr | 1.20% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹0.59 Cr | 1.20% |
| Ccil | Cash - Repurchase Agreement | ₹0.59 Cr | 1.20% |
| Sansera Engineering Ltd | Equity | ₹0.56 Cr | 1.14% |
| LTIMindtree Ltd | Equity | ₹0.51 Cr | 1.03% |
| Trent Ltd | Equity | ₹0.5 Cr | 1.02% |
| Ceat Ltd | Equity | ₹0.5 Cr | 1.01% |
| Arvind Ltd | Equity | ₹0.45 Cr | 0.93% |
| Bajaj Auto Ltd | Equity | ₹0.43 Cr | 0.87% |
| Supreme Industries Ltd | Equity | ₹0.4 Cr | 0.82% |
| SAMHI Hotels Ltd | Equity | ₹0.37 Cr | 0.74% |
| Happy Forgings Ltd | Equity | ₹0.33 Cr | 0.67% |
| Steel Strips Wheels Ltd | Equity | ₹0.18 Cr | 0.37% |
Allocation By Market Cap (Equity)
Large Cap Stocks
47.77%
Mid Cap Stocks
22.51%
Small Cap Stocks
22.22%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹12.37 Cr | 25.21% |
| Consumer Cyclical | ₹12.15 Cr | 24.76% |
| Industrials | ₹10.09 Cr | 20.56% |
| Technology | ₹5.46 Cr | 11.13% |
| Basic Materials | ₹2.61 Cr | 5.31% |
| Healthcare | ₹2.07 Cr | 4.22% |
| Utilities | ₹0.99 Cr | 2.02% |
| Consumer Defensive | ₹0.62 Cr | 1.27% |
Risk & Performance Ratios
Standard Deviation
This fund
12.97%
Cat. avg.
13.29%
Lower the better
Sharpe Ratio
This fund
0.77
Cat. avg.
0.78
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.39
Higher the better
Fund Managers
Anupam Tiwari
Since May 2023
Additional Scheme Detailsas of 31st October 2024
ISIN INF666M01DK7 | Expense Ratio 0.55% | Exit Load No Charges | Fund Size ₹49 Cr | Age 6 years 10 months | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark BSE 500 India TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar ELSS (Tax Savings) Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4680.10 Cr | 27.8% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4680.10 Cr | 26.4% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹36533.13 Cr | 23.7% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4273.94 Cr | 26.8% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4273.94 Cr | 25.4% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹54.03 Cr | 22.8% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹54.03 Cr | 20.8% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹388.48 Cr | 31.4% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹388.48 Cr | 29.1% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1559.54 Cr | 17.6% |
About the AMC
Groww Mutual Fund
Total AUM
₹843 Cr
Address
Jupiter Mills Compound Senapati Bapat Marg, Mumbai, 400013
Other Funds by Groww Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Groww Nifty Total Market Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹241.12 Cr | 24.2% |
| Groww FMP Series VI (Plan 2) 1135 Days Direct Growth Moderate Risk | - | - | - | - |
| Groww Short Duration Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹55.14 Cr | 8.5% |
| Groww Large Cap Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹125.81 Cr | 25.1% |
| Groww Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹516.24 Cr | 7.5% |
| Groww Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹2.49 Cr | 5.8% |
| Groww ELSS Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹49.08 Cr | 28.9% |
| Groww Dynamic Bond Fund Direct Growth Moderate Risk | 0.5% | 0.0% | ₹52.18 Cr | 8.5% |
| Groww Aggressive Hybrid Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹45.72 Cr | 22.4% |
| Groww Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹20.16 Cr | 6.7% |
| Groww Value Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹44.54 Cr | 24.7% |
| Groww Multi Cap Fund Direct Growth Moderately High risk | - | 0.0% | - | - |
Risk Level
Your principal amount will be at Very High Risk
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- Anupam Tiwari
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