1M
6M
1Y
3Y
5Y
All
| NAV: 10 Jan 2025 | ₹21.92 |
| Min. SIP amount | ₹500 |
| Rating | NA |
| Fund size | ₹51.21Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Equity ELSS
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 14.8% | 14.2% | 16.2% | 11.8% |
| Category average | 15.7% | 14.0% | 18.4% | NA |
| Rank with in category | 23 | 20 | 31 | NA |
Understand terms
Peer Comparison
| Equity, ELSS funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Motilal Oswal ELSS Tax Saver Fund Direct Growth | 5 | 36.7% | 25.0% | 4,194.64 |
SBI Long Term Equity Fund Direct Plan Growth | 5 | 24.1% | 22.9% | 28,732.52 |
Parag Parikh ELSS Tax Saver Fund Direct Growth | 5 | 19.1% | 17.2% | 4,362.18 |
Quant ELSS Tax Saver Fund Direct Growth | 5 | 5.6% | 15.6% | 11,560.66 |
Bandhan ELSS Tax Saver Fund Direct Plan Growth | 4 | 11.2% | 13.9% | 7,353.93 |
Holdings (46)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 7.01% |
Larsen & Toubro Ltd. | Construction | Equity | 5.18% |
State Bank of India | Financial | Equity | 4.92% |
National Aluminium Company Ltd. | Metals & Mining | Equity | 3.45% |
HCL Technologies Ltd. | Technology | Equity | 3.22% |
Persistent Systems Ltd. | Technology | Equity | 3.13% |
Axis Bank Ltd. | Financial | Equity | 2.90% |
Craftsman Automation Ltd. | Automobile | Equity | 2.80% |
Kei Industries Ltd. | Capital Goods | Equity | 2.54% |
Multi Commodity Exchange Of India Ltd. | Services | Equity | 2.40% |
NA | NA | Equity | 2.33% |
Zomato Ltd. | Services | Equity | 2.24% |
Indian Bank | Financial | Equity | 2.23% |
Supreme Industries Ltd. | Chemicals | Equity | 2.15% |
Samvardhana Motherson International Ltd. | Automobile | Equity | 2.13% |
Mphasis Ltd. | Technology | Equity | 2.11% |
Interglobe Aviation Ltd. | Services | Equity | 2.04% |
Bharat Dynamics Ltd. | Capital Goods | Equity | 2.04% |
Bharat Electronics Ltd. | Capital Goods | Equity | 2.02% |
Spicejet Ltd. | Services | Equity | 2.01% |
Ultratech Cement Ltd. | Construction | Equity | 2.00% |
Bank Of Baroda | Financial | Equity | 1.90% |
Fiem Industries Ltd. | Automobile | Equity | 1.88% |
Cummins India Ltd. | Capital Goods | Equity | 1.87% |
The Indian Hotels Company Ltd. | Services | Equity | 1.77% |
NTPC Ltd. | Energy | Equity | 1.77% |
Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 1.75% |
ABB India Ltd. | Capital Goods | Equity | 1.74% |
Shriram Pistons & Rings Ltd | Automobile | Equity | 1.68% |
Ipca Laboratories Ltd. | Healthcare | Equity | 1.63% |
Angel One Ltd. | Financial | Equity | 1.61% |
Safari Industries (India) Ltd. | Consumer Discretionary | Equity | 1.56% |
Chemplast Sanmar Ltd. | Chemicals | Equity | 1.54% |
Balkrishna Industries Ltd. | Automobile | Equity | 1.46% |
Orient Electric Ltd. | Consumer Discretionary | Equity | 1.22% |
Mrs. Bectors Food Specialities Ltd. | Consumer Staples | Equity | 1.19% |
Sansera Engineering Ltd. | Automobile | Equity | 1.17% |
Yatharth Hospital & Trauma Care Services Ltd. | Healthcare | Equity | 1.15% |
LTIMindtree Ltd. | Technology | Equity | 1.10% |
Ceat Ltd. | Automobile | Equity | 1.09% |
Trent Ltd. | Services | Equity | 0.96% |
Arvind Ltd. | Textiles | Equity | 0.93% |
SAMHI Hotels Ltd. | Services | Equity | 0.73% |
Hindalco Industries Ltd. | Metals & Mining | Equity | 0.71% |
Happy Forgings Ltd. | Metals & Mining | Equity | 0.67% |
Steel Strips Wheels Ltd. | Automobile | Equity | 0.36% |
See All
Pros and cons
Category: Equity ELSS
Pros
Exit load is zero
Lower expense ratio: 0.55%
3Y annualised returns higher than category average by 0.21%
Higher alpha: 2.13
The fund has generated returns higher than benchmark - BSE 500 Total Return Index - in the last 3Y
Cons
1Y and 5Y annualised returns lower than category average
Lock-in period: 3Y
Expense ratio, exit load and tax
Expense ratio: 0.55%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Anupam TiwariMay 2023 - PresentView details
Anupam Tiwari
May 2023 - Present
View details
Education
Mr. Tiwari is a Chartered Accountant.
Experience
Prior to joining Groww Mutual Fund (formerly, Indiabulls Mutual Fund), he was associated with Axis Mutual Fund, Principal Mutual Fund (July 25, 2011-Sep 21, 2016), Reliance Life Insurance Ltd. (Sep 22, 2010-Jul 15, 2011) and Reliance MF (Mar 21, 2005-Sep 21, 2010).
Also manages these schemes
Kaustubh SuleMay 2023 - PresentView details
Kaustubh Sule
May 2023 - Present
View details
Education
Mr. Sule is a B.E. (Computer Engineering) & MBA (Finance)
Experience
Prior to joining Groww Mutual Fund (formerly, Indiabulls Mutual Fund), he has worked with Axis Asset Management Company Ltd. HDFC Standard Life Insurance Company Ltd., Reliance Life Insurance Company Ltd., Union Bank of India, Hexaware Technologies Ltd.
Also manages these schemes
Madhu BabuNov 2023 - PresentView details
Madhu Babu
Nov 2023 - Present
View details
Fund house & investment objective
Fund house contact details
Address
505 – 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel,Maharashtra Mumbai 400013
Phone
8050180222
Launch Date
10 Apr 2008
Groww Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
Groww ELSS Tax Saver Fund Direct Growth
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