Groww ELSS Tax Saver Fund Direct Growth

Groww ELSS Tax Saver Fund Direct Growth

+12.17%
3Y annualised
-0.33% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 15 May '26
₹21.22
Min. for SIP
₹500
Fund size (AUM)
₹49.77 Cr
Expense ratio
1.40%
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 (68)

NameSectorInstrumentsAssets
HDFC Bank Ltd.FinancialEquity7.02%
Reliance Industries Ltd.EnergyEquity5.83%
ICICI Bank Ltd.FinancialEquity5.56%
Bharti Airtel Ltd.CommunicationEquity3.34%
State Bank of IndiaFinancialEquity3.34%
Larsen & Toubro Ltd.ConstructionEquity3.28%
Cipla Ltd.HealthcareEquity2.44%
Infosys Ltd.TechnologyEquity2.34%
Ashok Leyland Ltd.AutomobileEquity2.23%
Kotak Mahindra Bank Ltd.FinancialEquity2.19%
Mahindra & Mahindra Ltd.AutomobileEquity2.10%
The Federal Bank Ltd.FinancialEquity2.02%
Dr. Reddy's Laboratories Ltd.HealthcareEquity1.95%
Axis Bank Ltd.FinancialEquity1.93%
Tata Steel Ltd.Metals & MiningEquity1.62%
ITC Ltd.Consumer StaplesEquity1.59%
AU Small Finance Bank Ltd.FinancialEquity1.56%
Hindalco Industries Ltd.Metals & MiningEquity1.54%
Indusind Bank Ltd.FinancialEquity1.53%
Multi Commodity Exchange Of India Ltd.ServicesEquity1.53%
Maruti Suzuki India Ltd.AutomobileEquity1.49%
Bajaj Finance Ltd.FinancialEquity1.47%
Max Healthcare Institute Ltd.HealthcareEquity1.42%
Bharat Forge Ltd.AutomobileEquity1.39%
TVS Motor Company Ltd.AutomobileEquity1.25%
Hindustan Unilever Ltd.Consumer StaplesEquity1.22%
Shriram Finance LtdFinancialEquity1.22%
Titan Company Ltd.Consumer DiscretionaryEquity1.21%
JSW Steel Ltd.Metals & MiningEquity1.21%
The Indian Hotels Company Ltd.ServicesEquity1.19%
Grasim Industries Ltd.ConstructionEquity1.17%
FSN E-Commerce Ventures Ltd.ServicesEquity1.16%
NTPC Ltd.EnergyEquity1.16%
Interglobe Aviation Ltd.ServicesEquity1.15%
Sun Pharmaceutical Industries Ltd.HealthcareEquity1.11%
Fortis Healthcare Ltd.HealthcareEquity1.11%
PB Fintech Ltd.ServicesEquity1.08%
Power Finance Corporation Ltd.FinancialEquity1.08%
Ultratech Cement Ltd.ConstructionEquity1.06%
Godrej Properties Ltd.ConstructionEquity1.05%
Tata Consultancy Services Ltd.TechnologyEquity1.05%
National Aluminium Company Ltd.Metals & MiningEquity1.02%
Persistent Systems Ltd.TechnologyEquity1.02%
Max Financial Services Ltd.FinancialEquity1.00%
One97 Communications Ltd.ServicesEquity0.99%
IDFC First Bank Ltd.FinancialEquity0.99%
ICICI Lombard General Insurance Company Ltd.InsuranceEquity0.98%
Hero Motocorp Ltd.AutomobileEquity0.98%
Eicher Motors Ltd.AutomobileEquity0.96%
Laurus Labs Ltd.HealthcareEquity0.95%
Swiggy Ltd.ServicesEquity0.91%
UPL Ltd.ChemicalsEquity0.89%
Eternal Ltd.ServicesEquity0.88%
SRF Ltd.ChemicalsEquity0.87%
The Phoenix Mills Ltd.ConstructionEquity0.86%
Info Edge (India) Ltd.ServicesEquity0.84%
HCL Technologies Ltd.TechnologyEquity0.74%
APL Apollo Tubes Ltd.Metals & MiningEquity0.68%
Aurobindo Pharma Ltd.HealthcareEquity0.66%
Bharat Heavy Electricals Ltd.Capital GoodsEquity0.56%
Vedanta Ltd.Metals & MiningEquity0.52%
Tata Motors Passenger Vehicles Ltd.AutomobileEquity0.24%
Malco Energy Ltd.Metals & MiningEquity0.23%
Vedanta Power Ltd.Capital GoodsEquity0.23%
Vedanta Iron And Steel Ltd.Metals & MiningEquity0.23%
Vedanta Aluminium Metal Ltd.Metals & MiningEquity0.23%
Bank of MaharashtraFinancialEquity0.20%
Suzlon Energy Ltd.Capital GoodsEquity0.15%
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-2.6%+12.2%+12.1%+9.4%
Category average (Equity ELSS)+2.4%+16.4%+16.5%--
Rank (Equity ELSS)262929--

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 15 May 2026 is ₹21.22. 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,