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 (28-02-2025) |
| Status: Open Ended Schemes |
| Minimum Investment: 500 |
| Minimum Topup: 500 |
| Total Assets: 42.61 Cr As on 28-02-2025(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. |
18.16
-0.03 (-0.1652%)
8.52%
Benchmark: 12.34%
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
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 | 14.5 |
| Sharpe Ratio | 0.33 |
| Alpha | -1.87 |
| Beta | 0.97 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund)-Regular Plan-Growth Option | 20-12-2017 | 0.5 | 19.49 | 12.28 | 19.74 | - |
| DSP ELSS Tax Saver Fund - Regular Plan - Growth | 05-01-2007 | 16.63 | 29.5 | 18.49 | 28.92 | 15.33 |
| LIC MF ELSS Tax Saver-Regular Plan-Growth | 31-03-1997 | 14.72 | 22.73 | 14.1 | 21.49 | 10.87 |
| WhiteOak Capital ELSS Tax Saver Fund Regular Plan Growth | 14-10-2022 | 14.4 | 28.39 | - | - | - |
| Parag Parikh ELSS Tax Saver Fund- Regular Growth | 07-07-2019 | 14.1 | 23.53 | 17.53 | 29.2 | - |
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
18.6%
Others
9.18%
Large Cap
50.67%
Mid Cap
21.59%
