SB
Sumit BhatnagarFund Manager Since 5 May 2021
EquityELSS (Tax Savings)
Groww ELSS Tax Saver Direct Growth
3Y Annualised
13.45%
% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
6.44%
0.00% 1D
Benchmark
HDFC NIFTY 500 Index Fund
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
5 years 6 months
NIFTY 50
6 years 5 months
FD
9 years 7 months
Fund info
Fund size
₹42.61 Cr
Min. SIP amount
₹500
Min. Lumpsum amount
₹500
Exit load
0%
Nil
Risk Profile
Very High Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
Bank of India ELSS Tax Saver Fund Direct Plan Growth
11.06%
2nd
Bank of India Tax Advantage Fund Direct Plan Reinvestment of Income Dist cum Cap Wdrl
11.06%
3rd
Bank of India ELSS Tax Saver Fund Direct Plan Payout of Income Dist cum Cap Wdrl
11.06%
4th
Bank of India ELSS Tax Saver Fund Eco Growth
10.99%
5th
Bank of India ELSS Tax Saver Fund Eco Payout of Income Dist cum Cap Wdrl
10.99%
123rd
Groww ELSS Tax Saver Direct Growth
6.44%
Fund Managers
KS
Karan SinghFund Manager Since 29 May 2020
About Groww ELSS Tax Saver Direct Growth
Groww ELSS Tax Saver Direct Growth is a Equity mutual fund scheme from Groww Asset Management Ltd.. This fund has been in existence for 7 years, having been launched on 2017-12-28. Groww ELSS Tax Saver Direct Growth has ₹42.61 Cr worth of assets under management (AUM) as of Wed Apr 02 2025. The latest Net Asset Value (NAV) of Groww ELSS Tax Saver Direct Growth as of Tue Apr 01 2025 is ₹20.18. The fund has an expense ratio of 0.55%, which is medium comparable to most other Equity funds.
Groww ELSS Tax Saver Direct Growth returns for the last 1 year are 2.19%. Since launch, it has delivered 10.40% average annual returns.
The Groww ELSS Tax Saver Direct Growth has the majority of its money invested in Financial Services, Technology, Consumer Cyclical, Communication Services sectors.
Top 5 Holdings of Groww ELSS Tax Saver Direct Growth.
- ICICI Bank Ltd: 5.40%
- State Bank of India: 4.74%
- Persistent Systems Ltd: 3.86%
- Infosys Ltd: 3.86%
- Cholamandalam Investment and Finance Co Ltd: 3.84%
AMC Information
| Name | Groww Asset Management Ltd. |
|---|---|
| Founding Date | 2017-12-28 |
| support@growwmf.in | |
| Phone | 80501 80222 |
| Website | www.growwmf.in |
| Address | Floor 12 A, Tower 2 A, One World Centre,,Jupiter Mills Compound Senapati Bapat Marg,Mumbai,Maharashtra |
Tax Implications of Groww ELSS Tax Saver Direct Growth
| Short Term Gains | 20% + applicable Surcharge + 4% Cess |
|---|---|
| Long Term Gains | 12.5% without indexation + applicable Surcharge + 4% Cess |
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FAQs
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