FAQ : Groww ELSS Tax Saver Fund - Regular Plan - Growth

Groww ELSS Tax Saver Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 39.43 16.39 13.44 N/A
Average Rolling Returns(%) 11.24 12.48 9.42 N/A

The Current NAV of Groww ELSS Tax Saver Fund - Regular Plan - Growth is ₹18.42.

You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.

Groww ELSS Tax Saver Fund - Regular Plan - Growth fund’s expense ratio is 2.24%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Groww ELSS Tax Saver Fund - Regular Plan - Growth is currently ₹45 Crores.

The Top three stocks are ICICI Bank, Larsen & Toubro and HDFC Bank and account for 18% of its portfolio. Top 5 and 10 stocks of fund account for 25% and 38% of fund’s portfolio respectively.

Top three sectors of Groww ELSS Tax Saver Fund - Regular Plan - Growth fund are BFSI, Auto and Construction & Infrastructure accounting for 55% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Groww ELSS Tax Saver Fund - Regular Plan - Growth Fund is Equity - ELSS.

Anupam Tiwari and Kaustubh Sule manage the Groww ELSS Tax Saver Fund - Regular Plan - Growth Fund.

Groww ELSS Tax Saver Fund - Regular Plan - Growth current PE ratio is 39.19 and PB ratio is 6.33

The asset allocation of Groww ELSS Tax Saver Fund - Regular Plan - Growth is Stocks : 94.80%, Debt : 5.19% and Gold : 0%

The minimum SIP amount for Groww ELSS Tax Saver Fund - Regular Plan - Growth is ₹500.00 and minimum lumpsum is ₹500.00

The exit load for Groww ELSS Tax Saver Fund - Regular Plan - Growth is Nil

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