Item: Groww ELSS Tax Saver Direct Growth
Rating: 3
Author: Morningstar

Home › Mutual Funds › Indiabulls Mutual Fund › Groww ELSS Tax Saver Direct Growth

22.340 (-0.312%)

NAV on July 25, 2024

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 49 cr

Turnover Ratio 25.31%

Expense Ratio 0.55%

Exit Load -

Returns

1M: 0.77%
1Y: 38.07%
3M: 9.14%
3Y: 19.02%
6M: 16.41%
5Y: 18.73%

Min Investment 500

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ADDITIONAL INFO

Fund Manager Anupam Tiwari (Since about 1 year) Madhu Babu (Since 8 months)

ISIN INF666M01DK7

Fund Family Indiabulls

P/E Ratio 25.45

P/B Ratio 4.87

Launch Date December 28, 2017

Benchmark BSE 500 TRI

SECTOR WEIGHTINGS (%)

Financial 32.62%

Industrial 14.85%

Technology 14.98%

Basic Materials 3.67%

Consumer Cyclical 22.75%

Utilities Services 0.0%

Healthcare Services 1.14%

Energy Services 5.15%

Communication Services 1.75%

Consumer Defensive 3.10%

Real Estate 0.00%

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. However, there can be no assurance that the investment objective of the scheme will be achieved. The Scheme does not assure or guarantee any returns.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth	54.777	56.30%	3,710 cr	0.66%	Above Average
SBI Long Term Equity Fund Direct Growth	464.131	55.74%	25,738 cr	0.93%	Above Average
Quant ELSS Tax Saver Growth Option Direct Plan	445.589	55.61%	10,528 cr	0.77%	High
Bank of India ELSS Tax Saver Fund Direct Plan Growth	197.430	54.37%	1,428 cr	0.96%	High
JM Tax Gain Fund (Direct) - Growth	55.611	50.51%	161 cr	1.13%	High
DSP ELSS Tax Saver Fund Direct Plan Growth	149.645	47.76%	16,284 cr	0.71%	Average
Kotak ELSS Tax Saver-Scheme-Growth - Direct	135.641	40.15%	6,101 cr	0.58%	Low