1M
6M
1Y
3Y
5Y
All
| NAV: 28 Jan 2025 | ₹20.63 |
| Min. SIP amount | ₹500 |
| Rating | NA |
| Fund size | ₹49.66Cr |
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 | 7.4% | 13.4% | 14.9% | 10.8% |
| Category average | 9.8% | 13.8% | 17.0% | NA |
| Rank with in category | 29 | 22 | 30 | NA |
Understand terms
Peer Comparison
| Equity, ELSS funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
SBI Long Term Equity Fund Direct Plan Growth | 5 | 18.8% | 23.1% | 27,791.08 |
Motilal Oswal ELSS Tax Saver Fund Direct Growth | 5 | 18.2% | 20.4% | 4,414.88 |
Parag Parikh ELSS Tax Saver Fund Direct Growth | 5 | 16.2% | 17.8% | 4,506.61 |
Quant ELSS Tax Saver Fund Direct Growth | 5 | 0.1% | 15.6% | 10,512.81 |
Bandhan ELSS Tax Saver Fund Direct Plan Growth | 4 | 7.0% | 14.0% | 6,822.10 |
Holdings (44)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 6.96% |
Larsen & Toubro Ltd. | Construction | Equity | 5.06% |
State Bank of India | Financial | Equity | 4.70% |
Persistent Systems Ltd. | Technology | Equity | 3.51% |
HCL Technologies Ltd. | Technology | Equity | 3.09% |
Craftsman Automation Ltd. | Automobile | Equity | 2.98% |
Infosys Ltd. | Technology | Equity | 2.97% |
Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 2.79% |
Axis Bank Ltd. | Financial | Equity | 2.73% |
Kei Industries Ltd. | Capital Goods | Equity | 2.63% |
Multi Commodity Exchange Of India Ltd. | Services | Equity | 2.44% |
Zomato Ltd. | Services | Equity | 2.24% |
Supreme Industries Ltd. | Chemicals | Equity | 2.19% |
Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 2.15% |
Interglobe Aviation Ltd. | Services | Equity | 2.13% |
Indian Bank | Financial | Equity | 2.07% |
Samvardhana Motherson International Ltd. | Automobile | Equity | 2.06% |
Ultratech Cement Ltd. | Construction | Equity | 2.05% |
Mphasis Ltd. | Technology | Equity | 2.03% |
Bharat Dynamics Ltd. | Capital Goods | Equity | 2.00% |
The Indian Hotels Company Ltd. | Services | Equity | 1.97% |
Yatharth Hospital & Trauma Care Services Ltd. | Healthcare | Equity | 1.95% |
Bank Of Baroda | Financial | Equity | 1.87% |
Spicejet Ltd. | Services | Equity | 1.81% |
Ipca Laboratories Ltd. | Healthcare | Equity | 1.80% |
Unimech Aerospace And Manufacturing Ltd. | Capital Goods | Equity | 1.77% |
Cummins India Ltd. | Capital Goods | Equity | 1.77% |
Shriram Pistons & Rings Ltd | Automobile | Equity | 1.71% |
Angel One Ltd. | Financial | Equity | 1.64% |
ABB India Ltd. | Capital Goods | Equity | 1.63% |
Safari Industries (India) Ltd. | Consumer Discretionary | Equity | 1.59% |
Chemplast Sanmar Ltd. | Chemicals | Equity | 1.55% |
Balkrishna Industries Ltd. | Automobile | Equity | 1.54% |
Ceat Ltd. | Automobile | Equity | 1.15% |
Sansera Engineering Ltd. | Automobile | Equity | 1.10% |
Mrs. Bectors Food Specialities Ltd. | Consumer Staples | Equity | 1.09% |
Awfis Space Solutions Ltd. | Services | Equity | 1.01% |
Trent Ltd. | Services | Equity | 1.01% |
Arvind Ltd. | Textiles | Equity | 1.01% |
Orient Electric Ltd. | Consumer Discretionary | Equity | 0.99% |
SAMHI Hotels Ltd. | Services | Equity | 0.81% |
Hindalco Industries Ltd. | Metals & Mining | Equity | 0.66% |
Happy Forgings Ltd. | Metals & Mining | Equity | 0.62% |
Steel Strips Wheels Ltd. | Automobile | Equity | 0.35% |
See All
Pros and cons
Category: Equity ELSS
Pros
Exit load is zero
Lower expense ratio: 0.55%
Higher alpha: 2.13
The fund has generated returns higher than benchmark - BSE 500 Total Return Index - in the last 3Y
Cons
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
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
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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