Groww ELSS Tax Saver Fund Direct Growth

Groww ELSS Tax Saver Fund Direct Growth

+11.02%
3Y annualised
-0.29% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 05 Jun '26
₹20.93
Min. for SIP
₹500
Fund size (AUM)
₹49.77 Cr
Expense ratio
1.45%
Rating
2

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
6 months₹30,000₹29,265
-2.45%
1 year₹60,000₹57,458
-4.24%
3 years₹1,80,000₹1,87,749
+4.30%
5 years₹3,00,000₹3,67,595
+22.53%

Holdings (69)

NameSectorInstrumentsAssets
HDFC Bank LtdFinancialEquity7.02%
Reliance Industries LtdEnergy & UtilitiesEquity5.83%
ICICI Bank LtdFinancialEquity5.56%
Bharti Airtel LtdTechnologyEquity3.34%
State Bank of IndiaFinancialEquity3.34%
Larsen & Toubro LtdIndustrialsEquity3.28%
Cipla LtdHealthcareEquity2.44%
Infosys LtdTechnologyEquity2.34%
Ashok Leyland LtdIndustrialsEquity2.23%
Kotak Mahindra Bank LtdFinancialEquity2.19%
Mahindra & Mahindra LtdConsumer DiscretionaryEquity2.10%
The Federal Bank LtdFinancialEquity2.02%
Dr. Reddy's Laboratories LtdHealthcareEquity1.95%
Axis Bank LtdFinancialEquity1.93%
Tata Steel LtdMaterialsEquity1.62%
ITC LtdConsumer StaplesEquity1.59%
AU Small Finance Bank LtdFinancialEquity1.56%
Hindalco Industries LtdMaterialsEquity1.54%
Indusind Bank LtdFinancialEquity1.53%
Multi Commodity Exchange Of India LtdFinancialEquity1.53%
Maruti Suzuki India LtdConsumer DiscretionaryEquity1.49%
Bajaj Finance LtdFinancialEquity1.47%
Max Healthcare Institute LtdHealthcareEquity1.42%
Bharat Forge LtdConsumer DiscretionaryEquity1.39%
TVS Motor Company LtdConsumer DiscretionaryEquity1.25%
Hindustan Unilever LtdConsumer StaplesEquity1.22%
Shriram Transport Finance Company LtdFinancialEquity1.22%
Titan Company LtdConsumer DiscretionaryEquity1.21%
JSW Steel LtdMaterialsEquity1.21%
The Indian Hotels Company LtdConsumer DiscretionaryEquity1.19%
Grasim Industries LtdMaterialsEquity1.17%
FSN E-Commerce Ventures LtdConsumer DiscretionaryEquity1.16%
NTPC LtdEnergy & UtilitiesEquity1.16%
Interglobe Aviation LtdIndustrialsEquity1.15%
Sun Pharmaceutical Industries LtdHealthcareEquity1.11%
Fortis Healthcare LtdHealthcareEquity1.11%
PB Fintech LtdFinancialEquity1.08%
Power Finance Corporation LtdFinancialEquity1.08%
Ultratech Cement LtdMaterialsEquity1.06%
Godrej Properties LtdReal EstateEquity1.05%
Tata Consultancy Services LtdTechnologyEquity1.05%
National Aluminium Company LtdMaterialsEquity1.02%
Persistent Systems LtdTechnologyEquity1.02%
Max Financial Services LtdFinancialEquity1.00%
Net ReceivablesUnspecifiedNet Receivables0.99%
One 97 Communications LtdIndustrialsEquity0.99%
IDFC First Bank LtdFinancialEquity0.99%
ICICI Lombard General Insurance Company LtdFinancialEquity0.98%
Hero Motocorp LtdConsumer DiscretionaryEquity0.98%
Eicher Motors LtdConsumer DiscretionaryEquity0.96%
Laurus Labs LtdHealthcareEquity0.95%
Swiggy Ltd.TechnologyEquity0.91%
UPL LtdMaterialsEquity0.89%
Zomato LtdTechnologyEquity0.88%
SRF LtdMaterialsEquity0.87%
Phoenix Mills LtdReal EstateEquity0.86%
Info Edge (India) LtdTechnologyEquity0.84%
HCL Technologies LtdTechnologyEquity0.74%
APL Apollo Tubes LtdIndustrialsEquity0.68%
Aurobindo Pharma LtdHealthcareEquity0.66%
Bharat Heavy Electricals LtdIndustrialsEquity0.56%
Vedanta LtdMaterialsEquity0.52%
Tata Motors LtdConsumer DiscretionaryEquity0.24%
VEDANTA ALUMINIUM LIMITED EQ NEW F.V. RS.2/-Energy & UtilitiesEquity0.23%
Vedanta Aluminium Metal Ltd.MaterialsEquity0.23%
Vedanta Iron And Steel Ltd.MaterialsEquity0.23%
Vedanta Power Ltd.IndustrialsEquity0.23%
Bank of MaharashtraFinancialEquity0.20%
Suzlon Energy LtdIndustrialsEquity0.15%
See All

Minimum investments

Min. for 1st investment
₹500
Min. for 2nd investment
₹500
Min. for SIP
₹500

Returns and rankings

Annualised returns
Absolute returns
Name1Y3Y5YAll
Fund returns-6.0%+11.0%+10.3%+9.1%
Category average (Equity ELSS)+2.4%+16.4%+16.5%--
Rank (Equity ELSS)352829--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data

Fund management

PM
Paras Matalia
Jul 2025 - Present
View details

Education
Mr. Matalia has done B.Com and CA
Experience
Prior to joining Groww Mutual Fund, he has worked with Samco MF, Samco Sec. Ltd, Batliboi & Purohit and Mahajan & Aibara

About Groww ELSS Tax Saver Fund Direct Growth

Groww ELSS Tax Saver Fund Direct Growth is a Equity Mutual Fund Scheme launched by Groww Mutual Fund. This scheme was made available to investors on 10 Apr 2008. Paras Matalia is the Current Fund Manager of Groww ELSS Tax Saver Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,910 Cr and the Latest NAV as of 05 Jun 2026 is ₹20.93. The Groww ELSS Tax Saver Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. ;

Investment Objective

The Scheme seeks 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.
Fund benchmarkNIFTY 500 Total Return Index

Fund house

Rank (total assets)#41 in India
Total AUM₹4,910.34 Cr
Date of Incorporation10 Apr 2008
Launch Date10 Apr 2008
Address505 – 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel,Maharashtra Mumbai 400013
CustodianHDFC Bank
Registrar & Transfer AgentKFin Tech
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,