ELSS Tax Saverregulargrowth
Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund)-Regular Plan-Growth Option
Returns (Lumpsum)
CAGR for periods ≥ 1 year1 Week-2.67%
1 Month-11.75%
3 Months-14.10%
6 Months-12.83%
1 Year-5.73%
3 Years (CAGR)+9.72%
5 Years (CAGR)+8.21%
10 Years (CAGR)—
Since Inception (Dec 2017)+6.68%
SIP Returns (XIRR)
₹1,000/month SIP, annualised1 Year SIP-19.03%
3 Year SIP-1.78%
5 Year SIP+4.22%
Since Inception (Dec 2017)+7.65%
Fund Details
Fund HouseGroww Mutual Fund
CategoryELSS Tax Saver
Plan Typeregular
Optiongrowth
Min SIP₹500
Min Lumpsum₹1,000
Launch Date29 Dec 2017
AMFI Code141862
Risk Metrics
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Sharpe Ratio
—
Alpha
—
Beta
—
Sortino
—
Std Dev
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Max Drawdown
Performance Comparison
Performance Comparison
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Our experts will help you decide if this fund fits your goals.
Investment Objective
Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund)-Regular Plan-Growth Option is a tax-saving equity fund (ELSS) that offers tax deduction under Section 80C of the Income Tax Act, with a mandatory 3-year lock-in period. The fund aims to generate long-term capital appreciation while providing tax benefits of up to ₹46,800 per year.
About This Fund
Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund)-Regular Plan-Growth Option is a ELSS Tax Saver mutual fund offered by Groww Mutual Fund. The fund has been operational for over 8 years.
Who Should Invest?
- •Investors with a high risk appetite seeking long-term wealth creation
- •Investors with an investment horizon of 5 years or more
- •Salaried individuals and taxpayers seeking to save tax under Section 80C
- •SIP investors who can benefit from rupee cost averaging during market fluctuations