Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund)-Regular Plan-Growth Option
Category: Equity: ELSS
Launch Date: 20-12-2017
AUM:
₹ 53.08 Cr
Expense Ratio
2.3%
Benchmark
BSE 500 TRI
ISIN
INF666M01DN1
Minimum Investment
500.0
Minimum Topup
500.0
Minimum SIP Amount
500
Fund Manager
FM 1 - Mr. Paras Matalia , FM 2 - Mr. Nikhil Satam
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund)-Regular Plan-Growth Option | 3.78 | 13.42 | 11.5 |
| Benchmark | - | - | - |
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
Overview
NAV
19.77
Last change
-0.01 (-0.0506%)
Fund Size (AUM)
₹ 53.08 Cr
Performance
8.78% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
Investment Objective
The investment objective of the Scheme is 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.
Fund Manager
FM 1 - Mr. Paras Matalia , FM 2 - Mr. Nikhil Satam
Riskometer
Very High
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| HDFC BANK LIMITED EQ NEW FV RE. 1/- | 8.69 |
| RELIANCE INDUSTRIES LIMITED EQ | 5.96 |
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 5.46 |
| BHARTI AIRTEL LIMITED EQ NEW FV RS 5/- | 3.5 |
| LARSEN AND TOUBRO LIMITED EQ NEW FV RS.2/- | 3.09 |
| STATE BANK OF INDIA EQ NEW RE. 1/- | 2.93 |
| INFOSYS LIMITED EQ FV RS 5 | 2.89 |
| MAHINDRA AND MAHINDRA LIMITED EQ NEW F.V. RS.5 | 2.56 |
| AXIS BANK LIMITED EQ NE FV RS. 2/- | 2.31 |
| KOTAK MAHINDRA BANK LIMITED EQ NEW F.V RS.5/- | 2.29 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 37.35 |
| Automobile and Auto Components | 10.85 |
| Oil, Gas & Consumable Fuels | 7.2 |
| Healthcare | 6.15 |
| Information Technology | 6.07 |
| Metals & Mining | 4.71 |
| Consumer Services | 3.76 |
| Telecommunication | 3.5 |
| Fast Moving Consumer Goods | 3.47 |
| Construction | 3.09 |
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Groww ELSS Tax Saver Reg Gr | 11.5 |
| Mirae Asset ELSS Tax Saver Reg Gr | 15.6 |
| ABSL ELSS Tax Saver Gr | 10.04 |
| ICICI Prudential ELSS Tax Saver Fund Gr | 14.97 |
| HDFC ELSS Tax saver Gr | 20.13 |
| DSP ELSS Tax Saver Reg Gr | 17.89 |
| Nippon India Tax Saver (ELSS) Gr Gr | 17.17 |
| Edelweiss ELSS Tax Saver Reg Gr | 14.61 |
| Sundaram ELSS Tax Saver Fund Reg Gr | 14.81 |
| Mahindra Manulife ELSS Tax Saver Reg Gr | 15.22 |