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Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
---|---|---|---|---|---|---|
Groww ELSS Tax Saver Fund - Direct Plan
|
Very High
|
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0.85 |
|||
Very High
|
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0.93 |
||||
Very High
|
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0.74 |
||||
Very High
|
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1.05 |
||||
Very High
|
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0.52 |
₹51 Cr
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500
500
500
12
Investment Strategy
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.
Suitability
"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
1 min read•By News Desk
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of Groww ELSS Tax Saver Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, Groww ELSS Tax Saver Fund - Direct Plan can be bought from the Groww Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
The latest declared NAV of Groww ELSS Tax Saver Fund - Direct Plan, is ₹22.3200 as of 24-Jun-2025.
Company | Percentage of Portfolio |
---|---|
7.38
|
|
7.01
|
|
3.89
|
|
3.36
|
|
3.13
|
Over the past five years, Groww ELSS Tax Saver Fund - Direct Plan has delivered an annualised return of 20.18% as of 24-Jun-2025.
The minimum investment required to start investing in Groww ELSS Tax Saver Fund - Direct Plan is ₹500 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.