Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
The performance of the fund on a Fund Size metric has been Poor
The performance of the fund on a Outperformance Consistency metric has been Poor
NAV (Sep 29)
6 Month CAGR
The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equityrelated Securities. The scheme shall offer tax benefits under Section 80C of the Income Tax Act. However,there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Launched (6y ago)
Dec 28, 2017
AUM in Crores
S&P BSE 500 India TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|Groww ELSS Tax Saver fund (Growth)||9,45,068||2,12,456||10.4%|
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
icici bank ltd8.3%
hdfc bank ltd7.8%
larsen & toubro ltd5.7%
bajaj finance ltd4.1%
tata motors ltd3.2%
|Fund Name||Fund Size||Outperformance Consistency|
₹ 11,197 cr
₹ 11,862 cr
₹ 17,630 cr
₹ 10,089 cr
₹ 9,392 cr
Groww Mutual Fund
|Fund Name||Scripbox Opinion||Till Date CAGR|
Groww ELSS Tax Saver fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 7.3% over a period of 5 years. The fund was previously known as Indiabulls Tax Savings Gr. The fund is managed by Groww Asset Management Ltd.. The fund managers are Anupam Tiwari, Kaustubh Sule.
Nav of Groww ELSS Tax Saver fund (G) as of 9/29/2023 is ₹14.96 with the total AUM as of 10/3/2023 is ₹37.316. With Scripbox you can compare and check the latest nav for all mutual funds in India. Groww ELSS Tax Saver fund (G) was launched on Dec 28, 2017. The category risk of the fund is Very High Risk.
The minimum SIP amount for Groww ELSS Tax Saver fund (G) is ₹500 and you can increase this in multiples of ₹500. In case you want to invest a lump sum, the minimum amount to be invested is ₹500. Check your estimated returns on mutual funds by using sip calculator.
Groww ELSS Tax Saver fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to S&P BSE 500 India TR INR.
Groww ELSS Tax Saver fund (G) is rated as a 1 fund in Equity and delivered 16.1% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Groww ELSS Tax Saver fund (G).
What is Groww ELSS Tax Saver fund (G)?
How to invest in Groww ELSS Tax Saver fund (G)?
You can invest in Groww ELSS Tax Saver fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Groww ELSS Tax Saver fund (G)?
The minimum sip amount for Groww ELSS Tax Saver fund (G) is ₹500. You can invest in multiples of ₹500.
Is Groww ELSS Tax Saver fund (G) good to invest in?
As per Scripbox experts, Groww ELSS Tax Saver fund (G) is a Not Recommended fund. You can investGroww ELSS Tax Saver fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Groww ELSS Tax Saver fund (G)?
The expense ratio of the Groww ELSS Tax Saver fund (G) is 2.25% for regular plan.