Groww ELSS Tax Saver Fund Regular Growth

Equity
ELSS
Very High Risk
20.18
current NAV
1Y
3Y
5Y
ALL
NAV: 22 Jul 2024
₹20.18
Fund size
44.49Cr

Holdings (49)

NameSectorInstrumentAssets
HDFC Bank Limited
BANKSEquity Shares7.4%
ICICI Bank Limited
BANKSEquity Shares6.2%
Axis Bank Limited
BANKSEquity Shares4.5%
Persistent Systems Limited
SOFTWAREEquity Shares3.7%
Larsen & Toubro Limited
ConstructionEquity Shares3.6%
TREPS 03-JUL-2024
othersTri Party Repo (TREPs)3.4%
Zomato Limited
RETAILINGEquity Shares3.1%
State Bank of India
BANKSEquity Shares2.9%
Reliance Industries Limited
PETROLEUM PRODUCTSEquity Shares2.8%
Birlasoft Limited
SOFTWAREEquity Shares2.8%
See All

Holding analysis

Equity / Debt / Cash Split

Equity
93.6%
Debt
3.4%
Cash
3.0%
49.2Cr

Equity sector allocation

Banks
22.4%
Software
15.2%
Finance
7.7%
Auto
6.6%
Consumer Non Durables
6.0%
Auto Ancillaries
5.6%
Industrial Products
4.9%
Retailing
4.7%
Construction
3.8%
Others
22.9%
46.0Cr

Debt sector allocation

Tri Party Repo (Treps)
100.0%
1.7Cr

Advanced ratios

Top 5
57%
Top 20
173%
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Scheme Performance

Annualised returnsas on 30 Apr 2024
5Y3Y1YSince Inception
Groww ELSS Tax Saver Fund Regular Growth14.07%18.07%37.85%10.27%
Scheme Benchmark - S&P BSE 500-TRI18.19%20.44%38.26%14.73%
Additional Benchmark - NIFTY 50-TRI15.30%16.92%26.27%14.14%
Current value of standard investment of ₹10,000as on 30 Apr 2024
5Y3Y1YSince Inception
Groww ELSS Tax Saver Fund Regular Growth₹19,310.39₹16,458.41₹13,785.14₹18,590.00
Scheme Benchmark - S&P BSE 500-TRI₹23,066.36₹17,471.95₹13,825.64₹23,900.73
Additional Benchmark - NIFTY 50-TRI₹20,375.73₹15,982.87₹12,626.99₹23,137.67

Expense ratio, exit load and tax

Expense ratio: 2.25%

Inclusive of GST

Exit load

Nil

Stamp duty on investment: 0.005%

from July 1st 2020

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Fund management

Kaustubh Sule
May 2023 - Present
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About
Kaustubh is a seasoned Senior Fund Manager - Debt at Groww Asset Management Limited, having joined since its inception in May 2023. With 17 years of experience in various roles, he specializes in Fixed Income Strategies, including money market, macro, and duration strategies. Kaustubh began his Investment Management career as a Fixed Income Trader at Union Bank of India's Treasury Desk. He further gained valuable expertise at Nippon Life and HDFC Life before joining Axis AMC as a Fund Manager - Fixed Income, where he managed medium-term and long-term Fixed Income strategies. He holds a B.E. in Computer Engineering from PICT, Pune University, and an MBA in Finance from VGSoM, IIT Kharagpur, providing him with a strong technical and financial background. Throughout his career, Kaustubh actively traded various fixed income instruments, including Government Securities, Corporate Bonds, Interest Rate Swaps, and Interest Rate Futures.
Also manages these schemes

Anupam Tiwari
May 2023 - Present
View details

About
Mr Anupam Tiwari brings 18 years of extensive experience in the Mutual Fund Industry, having served as an Equity Analyst at Reliance Mutual Fund for 5 years. He then held roles as an Equity Fund Manager at Reliance Life Insurance Company (10 months), Principal at PNB Asset Management Company (5.5 years), and Axis Asset Management Company (6.5 years) in his most recent assignment prior to joining Groww Mutual Fund.
Also manages these schemes

Investment objective

The scheme aims to generate long term capital appreciation by investing in a diversified portfolio of mainly equity and equity related instruments. Th
The scheme aims to generate long term capital appreciation by investing in a diversified portfolio of mainly equity and equity related instruments. The scheme offers tax benefits under Section 80C of the Income Tax Act, 1961. 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.
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Fund benchmark
S&P BSE 500-TRI

Riskometer

This product is suitable for investors who are seeking*

• The investment objective of the scheme is to generate longterm capital appreciation from a diversified portfolio of predominantly equity and equity-related Securities. • An ELSS Scheme offering tax benefits under Section 80C of the Income Tax Act. • Very High Risk

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Groww ELSS Tax Saver Fund Regular Growth
Scheme Riskometer
Min. SIP amount
₹500
Min. Lumpsum amount
₹500
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