Question 1

What is today's NAV of Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) Direct Plan Dividend Option Payout?

Accepted Answer

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) Direct Plan Dividend Option Payout on December 18, 2025, is ₹22.61

Question 2

What is the AUM of Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) Direct Plan Dividend Option Payout?

Accepted Answer

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) Direct Plan Dividend Option Payout, is ₹53.37 crore.

Question 3

What is the expense ratio of Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) Direct Plan Dividend Option Payout?

Accepted Answer

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) Direct Plan Dividend Option Payout is 0.85%

Question 4

What are the returns of Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) Direct Plan Dividend Option Payout since inception?

Accepted Answer

The Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) Direct Plan Dividend Option Payout was launched on September 21, 2017. The fund has delivered a CAGR of undefined since inception.

Question 5

What is the minimum SIP amount to invest in Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) Direct Plan Dividend Option Payout?

Accepted Answer

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) Direct Plan Dividend Option Payout is ₹500.

Question 6

How do I invest in Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) Direct Plan Dividend Option Payout?

Accepted Answer

Make sure you are logged in to Angel One.
				Select the type of investment: SIP or one-time.
				In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
				Proceed by clicking the pay button and choosing your mode of payment.
				Your portfolio will be updated with this investment in 3-5 working days.

Question 7

How to start an SIP in Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) Direct Plan Dividend Option Payout?

Accepted Answer

Click on the ‘Invest’ button.
				Enter your desired SIP amount and the SIP date.
				You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
				Choose your payment method between UPI and Net Banking.
				Make your payment.
				Your SIP is created.

Question 8

How do I automate an SIP in Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) Direct Plan Dividend Option Payout?

Accepted Answer

Once you create an SIP, click on ‘Set up autopay’
				Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
				Once you verify the OTP, your mandate request will be created.

Question 9

How can I withdraw/redeem my investment in Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) Direct Plan Dividend Option Payout?

Accepted Answer

Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
				Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
				Verify the details on the  ‘Confirm withdraw’ screen.
				Select the bank account in which you want to receive the funds.
				You will receive your funds within three working days of placing the order.
				You can track your order in the ‘Orders’ section.

Funds	3 Y Returns	ARQ Rating
Quant ELSS Tax Saver Fund	15.3625%	3.5
HDFC ELSS Tax Saver	21.1019%	0
SBI ELSS Tax Saver Fund	23.3565%	5

Name	Groww Mutual Fund
Launch Date	March 2011
Address	1202A, Floor 12A, Tower 2 A, One World Centre, Jupiter Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400013, Maharashtra
Contact	91 80501 80222
Email	support@growwmf.in
Website	https://www.growwmf.in/

Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) Direct Plan Dividend Option Payout

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