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Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund)- Regular Plan- - Income Distribution cum capital withdrawal Option (Payout)

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 (30-12-2024)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 49.62 Cr As on 31-12-2024(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.
NAV as on 20-01-2025

19.16

0.06 (0.3132%)

CAGR Since Inception

9.58%

Benchmark: 12.49%

PERFORMANCE

Returns Type:
of  : 
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 500 TRI
-
Gold
-
PPF
-
Returns Type:
of  : 
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

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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 12.42
Sharpe Ratio 0.86
Alpha -0.77
Beta 0.94
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- - Income Distribution cum capital withdrawal Option (Payout) 20-12-2017 9.93 19.04 12.1 13.57 -
Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option 05-01-2015 32.1 37.63 22.57 21.76 -
HSBC Tax Saver Equity Fund - Growth 05-01-2007 24.65 27.1 15.57 18.41 12.6
HSBC ELSS Tax saver Fund - Regular Growth 01-01-2013 24.19 28.01 15.72 17.77 13.04
WhiteOak Capital ELSS Tax Saver Fund Regular Plan Growth 14-10-2022 22.66 28.42 - - -
SBI Long Term Equity Fund - Regular Plan- Growth 31-03-1993 21.13 31.98 22.22 23.02 13.98
LIC MF ELSS Tax Saver-Regular Plan-Growth 31-03-1997 20.11 22.97 13.45 15.05 10.97
JM ELSS Tax Saver Fund (Regular) - Growth option 31-03-2008 20.07 27.94 16.58 20.03 14.85
DSP ELSS Tax Saver Fund - Regular Plan - Growth 05-01-2007 19.43 25.0 16.45 20.12 15.05
Invesco India ELSS Tax Saver Fund - Growth 29-12-2006 18.71 26.39 12.41 17.61 13.51

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

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

25.57%

Others

8.81%

Large Cap

45.87%

Mid Cap

19.74%

Scheme Documents

There are no scheme documents available

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