Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund)-Regular Plan-Growth Option
Fund House: Groww Mutual Fund| Category: Equity: ELSS |
| Launch Date: 20-12-2017 |
| Asset Class: Equity |
| Benchmark: BSE 500 TRI |
| TER: 2.25% As on (31-10-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 49.08 Cr As on 31-10-2024(Source:AMFI) |
| Turn over: 99% | Exit Load: NIL. Lock in period is 3 years from the date of Allotment The above investment in Groww ELSS Tax Saver Fund is eligible for availing tax benefits under section 80C of Income Tax Act 1961. |
19.93
0.36 (1.8063%)
10.44%
Benchmark: 12.57%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
NIFTY 500 TRI
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
6 Years 6 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
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.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 12.97 |
| Sharpe Ratio | 0.6 |
| Alpha | -0.53 |
| Beta | 0.92 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
Scheme Characteristics
Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
22.21%
Others
5.52%
Large Cap
47.73%
Mid Cap
24.48%
