Groww ELSS Tax Saver Fund Direct Growth

Fund Overview

Fund Size

₹52 Cr

Expense Ratio

0.85%

ISIN

INF666M01DK7

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

28 Dec 2017

About this fund

Groww ELSS Tax Saver Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by Groww Mutual Fund. This fund has been in existence for 7 years, 8 months and 6 days, having been launched on 28-Dec-17.
As of 02-Sep-25, it has a Net Asset Value (NAV) of ₹22.56, Assets Under Management (AUM) of 52.44 Crores, and an expense ratio of 0.85%.

Groww ELSS Tax Saver Fund Direct Growth has given a CAGR return of 11.18% since inception.
The fund's asset allocation comprises around 87.95% in equities, 0.00% in debts, and 12.05% in cash & cash equivalents.
You can start investing in Groww ELSS Tax Saver Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

-3.09%

— (Cat Avg.)

3 Years

+15.93%

+16.55% (Cat Avg.)

5 Years

+18.29%

+20.50% (Cat Avg.)

Since Inception

+11.18%

— (Cat Avg.)

Portfolio Summaryas of 31st July 2025

Equity	₹46.13 Cr	87.95%
Others	₹6.32 Cr	12.05%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Ccil	Cash - Repurchase Agreement	₹4.93 Cr	9.40%
HDFC Bank Ltd	Equity	₹3.93 Cr	7.49%
ICICI Bank Ltd	Equity	₹3.84 Cr	7.32%
Reliance Industries Ltd	Equity	₹2.34 Cr	4.46%
Bharti Airtel Ltd	Equity	₹2.04 Cr	3.89%
Bajaj Holdings and Investment Ltd	Equity	₹1.7 Cr	3.24%
Bajaj Finance Ltd	Equity	₹1.63 Cr	3.12%
Mphasis Ltd	Equity	₹1.48 Cr	2.83%
Net Receivable/Payable	Cash - Collateral	₹1.39 Cr	2.64%
GE Vernova T&D India Ltd	Equity	₹1.21 Cr	2.30%
Craftsman Automation Ltd	Equity	₹1.16 Cr	2.21%
Larsen & Toubro Ltd	Equity	₹1.1 Cr	2.09%
Mahindra & Mahindra Ltd	Equity	₹1.04 Cr	1.99%
State Bank of India	Equity	₹0.96 Cr	1.82%
Gillette India Ltd	Equity	₹0.9 Cr	1.72%
Bharti Hexacom Ltd	Equity	₹0.9 Cr	1.71%
Schaeffler India Ltd	Equity	₹0.9 Cr	1.71%
Infosys Ltd	Equity	₹0.88 Cr	1.67%
Apar Industries Ltd	Equity	₹0.85 Cr	1.62%
Axis Bank Ltd	Equity	₹0.83 Cr	1.59%
Aditya Birla Fashion and Retail Ltd	Equity	₹0.75 Cr	1.44%
Navin Fluorine International Ltd	Equity	₹0.74 Cr	1.42%
Kotak Mahindra Bank Ltd	Equity	₹0.74 Cr	1.41%
UltraTech Cement Ltd	Equity	₹0.73 Cr	1.39%
Angel One Ltd Ordinary Shares	Equity	₹0.72 Cr	1.38%
Coromandel International Ltd	Equity	₹0.69 Cr	1.32%
Cholamandalam Investment and Finance Co Ltd	Equity	₹0.68 Cr	1.29%
Endurance Technologies Ltd	Equity	₹0.67 Cr	1.28%
Vishal Mega Mart Ltd	Equity	₹0.64 Cr	1.22%
Apollo Hospitals Enterprise Ltd	Equity	₹0.63 Cr	1.21%
Hero MotoCorp Ltd	Equity	₹0.63 Cr	1.21%
Cummins India Ltd	Equity	₹0.55 Cr	1.05%
Maruti Suzuki India Ltd	Equity	₹0.54 Cr	1.03%
Tata Consultancy Services Ltd	Equity	₹0.53 Cr	1.01%
GMR Airports Ltd	Equity	₹0.53 Cr	1.01%
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹0.52 Cr	0.99%
Tube Investments of India Ltd Ordinary Shares	Equity	₹0.51 Cr	0.96%
Bharat Electronics Ltd	Equity	₹0.5 Cr	0.95%
J.B. Chemicals & Pharmaceuticals Ltd	Equity	₹0.47 Cr	0.90%
Power Finance Corp Ltd	Equity	₹0.47 Cr	0.89%
Go Digit General Insurance Ltd	Equity	₹0.47 Cr	0.89%
Eicher Motors Ltd	Equity	₹0.46 Cr	0.87%
Max Financial Services Ltd	Equity	₹0.45 Cr	0.87%
Varun Beverages Ltd	Equity	₹0.45 Cr	0.86%
Aster DM Healthcare Ltd Ordinary Shares	Equity	₹0.45 Cr	0.85%
Deepak Fertilisers & Petrochemicals Corp Ltd	Equity	₹0.45 Cr	0.85%
Coforge Ltd	Equity	₹0.44 Cr	0.84%
Narayana Hrudayalaya Ltd	Equity	₹0.4 Cr	0.77%
Adani Ports & Special Economic Zone Ltd	Equity	₹0.3 Cr	0.57%
Hyundai Motor India Ltd	Equity	₹0.29 Cr	0.55%
NTPC Ltd	Equity	₹0.28 Cr	0.52%
Coal India Ltd	Equity	₹0.25 Cr	0.49%
Godfrey Phillips India Ltd	Equity	₹0.25 Cr	0.48%
BSE Ltd	Equity	₹0.19 Cr	0.37%
Asian Paints Ltd	Equity	₹0.19 Cr	0.35%
Amber Enterprises India Ltd Ordinary Shares	Equity	₹0.18 Cr	0.34%
Sun Pharmaceuticals Industries Ltd	Equity	₹0.18 Cr	0.34%
REC Ltd	Equity	₹0.13 Cr	0.25%
ITC Ltd	Equity	₹0.13 Cr	0.25%
Oil & Natural Gas Corp Ltd	Equity	₹0.13 Cr	0.25%
Tata Steel Ltd	Equity	₹0.13 Cr	0.24%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹16.74 Cr	31.92%
Consumer Cyclical	₹7.27 Cr	13.86%
Industrials	₹5.53 Cr	10.55%
Technology	₹3.33 Cr	6.35%
Communication Services	₹2.93 Cr	5.60%
Basic Materials	₹2.93 Cr	5.58%
Energy	₹2.72 Cr	5.20%
Healthcare	₹2.65 Cr	5.06%
Consumer Defensive	₹1.74 Cr	3.32%
Utilities	₹0.28 Cr	0.52%

Risk & Performance Ratios

Fund Managers

Paras Matalia

Since July 2025

Additional Scheme Detailsas of 31st July 2025

ISIN

INF666M01DK7

Expense Ratio

0.85%

Exit Load

No Charges

Fund Size

₹52 Cr

Age

7 years 8 months

Lumpsum Minimum

₹500

Fund Status

Open Ended Investment Company

Benchmark

BSE 500 India TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar ELSS (Tax Savings) Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bajaj Finserv ELSS Tax Saver Fund Regular Growth Low Risk	2.3%	0.0%	₹61.00 Cr	-
Bajaj Finserv ELSS Tax Saver Fund Direct Growth Low Risk	0.5%	0.0%	₹61.00 Cr	-
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹214.56 Cr	-2.6%
Sundaram Long Term Tax Advantage Fund Series I Regular Growth High Risk	1.4%	0.0%	₹19.18 Cr	8.0%
Bank of India Midcap Tax Fund Series 1 Direct Growth Very High Risk	-	0.0%	₹63.64 Cr	-5.4%
SBI Long Term Advantage Fund Series II Regular Growth Very High Risk	-	0.0%	₹34.17 Cr	6.4%
SBI Long Term Advantage Fund Series II Direct Growth Very High Risk	-	0.0%	₹34.17 Cr	6.8%
Bank of India Midcap Tax Fund Series 1 Regular Growth Very High Risk	-	0.0%	₹63.64 Cr	-5.7%
Sundaram Long Term Tax Advantage Fund Series I Direct Growth High Risk	1.4%	0.0%	₹19.18 Cr	8.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Regular Growth Very High Risk	1.4%	0.0%	₹30.97 Cr	-2.5%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct Growth Very High Risk	1.2%	0.0%	₹30.97 Cr	-2.2%
Sundaram Long Term Tax Advantage Fund Series II Direct Growth Very High Risk	1.2%	0.0%	₹13.02 Cr	-2.4%
Sundaram Long Term Tax Advantage Fund Series II Regular Growth Very High Risk	1.4%	0.0%	₹13.02 Cr	-2.6%
SBI Long Term Advantage Fund Series I Regular Growth Low Risk	-	0.0%	₹49.50 Cr	16.8%
SBI Long Term Advantage Fund Series I Direct Growth Low Risk	-	0.0%	₹49.50 Cr	17.1%
Sundaram Long Term Micro CapTax Advantage Fund Sries III Direct Growth Very High Risk	1.3%	0.0%	₹77.12 Cr	-3.5%
SBI Long Term Advantage Fund Series VI Regular Growth Very High Risk	-	0.0%	₹277.00 Cr	-6.8%
SBI Long Term Advantage Fund Series VI Direct Growth Very High Risk	-	0.0%	₹277.00 Cr	-6.5%
Sundaram Long Term Micro CapTax Advantage Fund Sries III Regular Growth Very High Risk	1.4%	0.0%	₹77.12 Cr	-3.7%
Sundaram Long Term Tax Advantage Fund Series III Direct Growth Very High Risk	1.2%	-	₹34.34 Cr	-2.0%
SBI Tax Advantage Fund Series III Direct Growth Very High Risk	-	0.0%	₹33.26 Cr	32.0%
SBI Tax Advantage Fund Series III Regular Growth Very High Risk	-	0.0%	₹33.26 Cr	31.5%
Sundaram Long Term Tax Advantage Fund Series III Regular Growth Very High Risk	1.4%	-	₹34.34 Cr	-2.2%
ICICI Prudential Long Term Wealth Enhancement Fund Regular Growth Very High Risk	1.4%	0.0%	₹40.95 Cr	-0.8%
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth Very High Risk	1.0%	0.0%	₹40.95 Cr	-0.5%
Sundaram Long Term Tax Advantage Fund Series IV Regular Growth Very High Risk	1.4%	0.0%	₹22.85 Cr	-1.3%
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth Very High Risk	1.2%	0.0%	₹22.85 Cr	-1.1%
SBI Long Term Advantage Fund Series III Regular Growth Very High Risk	-	0.0%	₹69.95 Cr	-11.3%
SBI Long Term Advantage Fund Series III Direct Growth Very High Risk	-	0.0%	₹69.95 Cr	-10.9%
SBI Long Term Advantage Fund Series V Direct Growth Very High Risk	-	0.0%	₹387.55 Cr	12.4%
SBI Long Term Advantage Fund Series V Regular Growth Very High Risk	-	0.0%	₹387.55 Cr	12.0%
SBI Long Term Advantage Fund Series IV Regular Growth Very High Risk	-	0.0%	₹203.68 Cr	-9.9%
SBI Long Term Advantage Fund Series IV Direct Growth Very High Risk	-	0.0%	₹203.68 Cr	-9.5%
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth Very High Risk	1.3%	0.0%	₹36.37 Cr	-3.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Regular Growth Very High Risk	1.4%	0.0%	₹36.37 Cr	-3.3%
Invesco India Tax Plan Regular Growth Very High Risk	1.9%	0.0%	₹2821.90 Cr	-2.3%
HSBC ELSS Fund Direct Growth Very High Risk	1.2%	0.0%	₹4143.69 Cr	-1.3%
LIC MF ELSS Direct Growth Very High Risk	1.0%	0.0%	₹1114.91 Cr	-1.6%
Kotak Taxsaver Fund Direct Growth Very High Risk	0.6%	0.0%	₹6354.72 Cr	-3.2%
Invesco India Tax Plan Direct Growth Very High Risk	0.8%	0.0%	₹2821.90 Cr	-1.1%
HSBC Tax Saver Equity Fund Regular Growth Very High Risk	2.5%	0.0%	₹249.72 Cr	2.8%
ICICI Prudential Long Term Equity Fund ( Tax Saving) Direct Growth Very High Risk	1.1%	0.0%	₹14403.12 Cr	0.0%
Sundaram Tax Savings Fund Direct Growth Very High Risk	1.7%	0.0%	₹1376.95 Cr	0.2%
Bandhan Tax Advantage (ELSS) Fund Direct Growth Very High Risk	0.7%	0.0%	₹6973.73 Cr	-4.0%
Nippon India Tax Saver (ELSS) Fund Direct Growth Very High Risk	1.0%	0.0%	₹15338.90 Cr	-2.7%
JM Tax Gain Fund Direct Growth Very High Risk	1.1%	0.0%	₹206.74 Cr	-5.4%
Samco ELSS Tax Saver Fund Direct Growth Very High Risk	1.0%	0.0%	₹124.39 Cr	-12.2%
Samco ELSS Tax Saver Fund Regular Growth Very High Risk	2.4%	0.0%	₹124.39 Cr	-13.4%
Mahindra Manulife ELSS Fund Regular Growth Very High Risk	2.2%	0.0%	₹952.81 Cr	-2.5%
Mahindra Manulife ELSS Fund Direct Growth Very High Risk	0.6%	0.0%	₹952.81 Cr	-1.0%

About the AMC

Groww Mutual Fund

80501 80222

https://www.growwmf.in/

Total AUM

₹1,382 Cr

Address

Jupiter Mills Compound Senapati Bapat Marg, Mumbai, 400013

Other Funds by Groww Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Groww Nifty Next 50 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Groww BSE Power ETF FOF Direct Growth Very High Risk	-	0.0%	-	-
Groww Nifty 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹11.34 Cr	-
Groww Nifty India Internet ETF FOF Direct Growth Very High Risk	0.2%	0.0%	₹7.16 Cr	-
Groww Silver ETF FOF Direct Growth Very High Risk	0.2%	1.0%	₹11.60 Cr	-
Groww Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹33.55 Cr	-
Groww Nifty 500 Momentum 50 ETF FoF Direct Growth Very High Risk	0.2%	1.0%	₹6.69 Cr	-
Groww Nifty 200 ETF FoF Direct Growth Very High Risk	0.1%	1.0%	₹4.79 Cr	-
Groww Nifty India Railways PSU Index Fund Direct Growth Very High Risk	0.5%	1.0%	₹41.38 Cr	-
Groww Multicap Fund Direct Growth Very High Risk	0.5%	1.0%	₹140.36 Cr	-
Groww Gold ETF FOF Direct Growth High Risk	0.2%	1.0%	₹35.01 Cr	-
Groww Nifty India Defence ETF FoF Direct Growth Very High Risk	0.2%	1.0%	₹71.36 Cr	-
Groww Nifty EV & New Age Automotive ETF FoF Direct Growth Very High Risk	0.2%	1.0%	₹141.93 Cr	-9.8%
Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth Very High Risk	0.4%	1.0%	₹50.20 Cr	-2.5%
Groww Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹116.92 Cr	-7.3%
Groww Banking & Financial Services Fund Direct Growth Very High Risk	0.4%	1.0%	₹57.48 Cr	5.3%
Groww Nifty Total Market Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹316.89 Cr	-3.8%
Groww FMP Series VI (Plan 2) 1135 Days Direct Growth Moderate Risk	-	-	-	-
Groww Short Duration Fund Direct Growth Moderate Risk	0.4%	0.0%	₹142.94 Cr	8.6%
Groww Large Cap Fund Direct Growth Very High Risk	1.3%	1.0%	₹127.85 Cr	-2.1%
Groww Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹390.96 Cr	7.1%
Groww Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹2.49 Cr	5.8%
Groww ELSS Tax Saver Fund Direct Growth Very High Risk	0.8%	0.0%	₹52.44 Cr	-3.1%
Groww Dynamic Bond Fund Direct Growth Moderate Risk	0.5%	0.0%	₹78.28 Cr	5.5%
Groww Aggressive Hybrid Fund Direct Growth Very High Risk	1.4%	1.0%	₹48.23 Cr	-1.0%
Groww Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹25.86 Cr	6.1%
Groww Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹59.59 Cr	0.6%
Groww Multi Cap Fund Direct Growth Moderately High risk	0.5%	0.0%	-	-

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of Groww ELSS Tax Saver Fund Direct Growth?

The NAV of Groww ELSS Tax Saver Fund Direct Growth, as of 02-Sep-2025, is ₹22.56.

What are the returns of Groww ELSS Tax Saver Fund Direct Growth?

The fund has generated -3.09% over the last 1 year and 15.93% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Groww ELSS Tax Saver Fund Direct Growth?

The fund's allocation of assets is distributed as 87.95% in equities, 0.00% in bonds, and 12.05% in cash and cash equivalents.

Who manages the Groww ELSS Tax Saver Fund Direct Growth?

The fund managers responsible for Groww ELSS Tax Saver Fund Direct Growth are:-

Paras Matalia

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹52 Cr

Expense Ratio

0.85%

ISIN

INF666M01DK7

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

28 Dec 2017

Risk Level

Your principal amount will be at Very High Risk