Groww ELSS Tax Saver Fund - Direct Plan - IDCW

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : ELSS

Scheme Objective

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.

Scheme Details

Fund manager(s) – Paras Matalia , Madhu Babu
Launch date – 28-Dec-2017
Expense ratio – 0.85% as declared on 31-Jul-2025 (category average is 0.94%)
Benchmark - BSE 500 TRI

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Data not available.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

51.43

0.00

0.00%

Aug - 2025	51.43	0.00%
Jul - 2025	52.44	0.00%
Jun - 2025	52.69	0.00%
May - 2025	50.73	0.00%
Apr - 2025	47.36	0.00%
Mar - 2025	46.44	0.00%
Feb - 2025	42.61	0.00%
Jan - 2025	46.17	0.00%

2024

49.66

0.00

0.00%

Dec - 2024	49.66	0.00	0.00%
Nov - 2024	50.04	0.00	0.00%
Oct - 2024	49.08	0.00	0.00%
Sep - 2024	51.21	0.00	0.00%
Aug - 2024	50.27	0.00	0.00%
Jul - 2024	49.47	0.00	0.00%
Jun - 2024	48.68	0.00	0.00%
May - 2024	46.01	223106.14	0.02%
Apr - 2024	45.71	221637.55	0.02%
Mar - 2024	44.52	212968.51	0.02%
Feb - 2024	43.89	208593.74	0.02%
Jan - 2024	43.24	203644.64	0.02%

2023

42.34

199534.21

0.02%

Dec - 2023	42.34	199534.21	0.02%
Nov - 2023	39.37	187272.41	0.02%
Oct - 2023	36.97	174383.90	0.02%
Sep - 2023	37.90	178976.97	0.02%
Aug - 2023	37.32	175399.72	0.02%
Jul - 2023	38.56	175666.64	0.02%
Jun - 2023	38.12	169734.76	0.02%
May - 2023	37.50	162430.51	0.02%
Apr - 2023	37.03	156596.22	0.02%
Mar - 2023	36.00	149645.93	0.02%
Feb - 2023	36.36	148242.90	0.02%
Jan - 2023	37.54	149392.61	0.03%

2022

39.28

152764.67

0.03%

Dec - 2022	39.28	152764.67	0.03%
Nov - 2022	41.51	156759.27	0.03%
Oct - 2022	41.29	153322.29	0.03%
Sep - 2022	39.67	147591.21	0.03%
Aug - 2022	41.66	151685.51	0.03%
Jul - 2022	41.51	146051.81	0.03%
Jun - 2022	38.45	132537.89	0.03%
May - 2022	40.95	139007.48	0.03%
Apr - 2022	41.90	144213.40	0.03%
Mar - 2022	43.25	145624.48	0.03%
Feb - 2022	42.29	138806.70	0.03%
Jan - 2022	45.24	144635.86	0.03%

2021

48.30

145783.16

0.03%

Dec - 2021	48.30	145783.16	0.03%
Nov - 2021	48.42	142356.14	0.03%
Oct - 2021	51.11	146098.30	0.03%
Sep - 2021	51.92	145356.40	0.04%
Aug - 2021	52.76	141840.66	0.04%
Jul - 2021	51.36	134683.48	0.04%
Jun - 2021	52.89	131689.99	0.04%
May - 2021	53.18	128774.29	0.04%
Apr - 2021	51.98	121579.80	0.04%
Mar - 2021	54.26	121114.97	0.04%
Feb - 2021	64.79	118836.61	0.05%
Jan - 2021	64.84	110639.78	0.06%

2020

79.24

113760.32

0.07%

Dec - 2020	79.24	113760.32	0.07%
Nov - 2020	94.14	106924.67	0.09%
Oct - 2020	85.41	96223.64	0.09%
Sep - 2020	83.01	94117.27	0.09%
Aug - 2020	83.80	94958.88	0.09%
Jul - 2020	80.15	90817.36	0.09%
Jun - 2020	76.01	86390.81	0.09%
May - 2020	71.29	80076.00	0.09%
Apr - 2020	73.30	81740.65	0.09%
Mar - 2020	65.41	71591.70	0.09%
Feb - 2020	83.38	92355.61	0.09%
Jan - 2020	87.44	96718.12	0.09%

Tax Rate

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakhs in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Contact Details

Groww Asset Management Limited

Floor 12 A, Tower 2 A, One World Centre, Jupiter Mills Compound Senapati Bapat Marg, Mumbai 400013
Tel no.: 8050180222
Fax no.:
Website.: https://www.growwmf.in

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hunch
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17 days ago

JMFLEXICAPfund regular is howing worst performance. bought at 107.693 in jly 24 and now 97.43 how to shuffle and compensate loss View more

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shravanashok
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32 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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The Fixed Income
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17 hrs ago

Power Your Savings with a Reliable PSU Bond NHPC Limited – 2029 Bonds are now listed on The Fixed Income ✔️ Coupon: 7.50% p.a. ✔️ Rating: India Ratings AAA Stable, ICRA AAA Stable ✔️ Tenor: 4 years (Maturity: Oct 06, 2029) ✔️ Secured | PSU Bond | High Return | Listed Invest in a high-grade PSU bond backed by government trust, offering steady and secure returns—ideal for investors seeking a safe, long-term investment solution. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dXhDb1pnPT0=/750-nhpc-limited-2029?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Power Your Savings with a Reliable PSU Bond NHPC Limited – 2029 Bonds are now listed on The Fixed Income ✔️ Coupon: 7.50% p.a. ✔️ Rating: India Ratings AAA Stable, ICRA AAA Stable ✔️ Tenor: 4 years (Maturity: Oct 06, 2029) ✔️ Secured | PSU Bond | High Return | Listed Invest in a high-grade PSU bond backed by government trust, offering steady and secure returns—ideal for investors seeking a safe, long-term investment solution. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dXhDb1pnPT0=/750-nhpc-limited-2029?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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sunny85deol
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83 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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Progrowth Finwealth
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83 days ago

Hi Sunny, what is he period of holding and also any particular reson for withdrawl out of these two funds that have grown over a period of time View more | 1

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89 days ago

Why are the NAVs of Indian Debt Mutual Funds going down after the rate cut View more

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