Item: Groww ELSS Tax Saver Direct Reinvestment Inc Dist cum Cap Wdrl
Rating: 3
Author: Morningstar

Home › Mutual Funds › Indiabulls Mutual Fund › Groww ELSS Tax Saver Direct Reinvestment Inc Dist cum Cap Wdrl

20.610 (1.079%)

NAV on April 29, 2024

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 45 cr

Turnover Ratio 25.31%

Expense Ratio 0.55%

Exit Load -

Returns

1M: 3.08%
1Y: 40.04%
3M: 6.36%
3Y: 19.93%
6M: 28.00%
5Y: 15.92%

Min Investment 500

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ADDITIONAL INFO

Fund Manager Anupam Tiwari (Since 12 months) Kaustubh Sule (Since 12 months) Madhu Babu (Since 5 months)

ISIN INF666M01DL5

Fund Family Indiabulls

P/E Ratio 26.14

P/B Ratio 4.47

Launch Date December 28, 2017

Benchmark S&P BSE 500 India TR INR

SECTOR WEIGHTINGS (%)

Financial 28.25%

Industrial 18.17%

Technology 13.75%

Basic Materials 5.05%

Consumer Cyclical 18.36%

Utilities Services 1.11%

Healthcare Services 4.63%

Energy Services 3.19%

Communication Services 3.28%

Consumer Defensive 2.44%

Real Estate 1.76%

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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Rated
Top Performing

Top Arbitrage Fund Funds

NAME		LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Quant ELSS Tax Saver Growth Option Direct Plan		414.644	64.10%	8,342 cr	0.76%	High

Top Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
SBI Long Term Equity Fund Direct Growth	418.135	62.50%	21,976 cr	0.96%	Above Average
Bank of India ELSS Tax Saver Fund Direct Plan Growth	182.810	57.91%	1,210 cr	1.19%	High
DSP ELSS Tax Saver Fund Direct Plan Growth	130.324	45.07%	14,076 cr	0.79%	Average
Kotak ELSS Tax Saver-Scheme-Growth - Direct	123.875	42.04%	5,295 cr	0.56%	Below Average
Parag Parikh ELSS Tax Saver Fund Direct Growth	28.741	34.52%	3,175 cr	0.69%	Low
HSBC ELSS Tax saver Fund Direct Plan Growth Option	124.680	45.32%	3,674 cr	1.12%	Average

Best Arbitrage Fund Funds

NAME		LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Quant ELSS Tax Saver Growth Option Direct Plan		414.644	64.10%	8,342 cr	0.76%	High

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth	49.526	63.31%	3,205 cr	0.67%	High
SBI Long Term Equity Fund Direct Growth	418.135	62.50%	21,976 cr	0.96%	Above Average
Bank of India ELSS Tax Saver Fund Direct Plan Growth	182.810	57.91%	1,210 cr	1.19%	High
HDFC ELSS TaxSaver -Direct Plan - Growth Option	1289.954	47.45%	13,990 cr	1.14%	Below Average

Other plans of Groww ELSS Tax Saver Fund

Groww ELSS Tax Saver Direct Payout Inc Dist cum Cap Wdrl

ELSS (Tax Savings)
Groww ELSS Tax Saver Direct Growth

ELSS (Tax Savings)

Other Equity funds by Indiabulls

Groww Value Fund Direct Growth

Value
Groww Large Cap Fund Direct Plan Growth Option

Large-Cap
Groww ELSS Tax Saver Direct Growth

ELSS (Tax Savings)

Groww ELSS Tax Saver Direct Reinvestment Inc Dist cum Cap Wdrl

previously known as Indiabulls Tax Savings Dir IDCW-R until May 30, 2023