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EQUITYELSS

Groww ELSS Tax Saver Fund

3 Year return

14.26%
NAV on December 12, 2025
22.7
1D Returns
+0.14%
Launched on September 2017(8 years)

Investment Details

₹500
Minimum SIP Amount
₹500
Minimum one time investment
Lock-in period: 3.0000 years

Calculate Returns

Based on past performance of this fund

Your Investment3,600
Gain
25.36%913
Total Value 4,513

Risk Involved

scale
Your principal will be at
Very High Risk

Scheme Information

Asset Under Management
₹53.37 Cr.
Expense Ratio
0.85% (inclusive of GST)
Exit Load
Nil

Ratings

ARQ Rating
0.5

Ratings by other agencies

Value Research
2
Crisil
3
Morning Star
3

Tax Implications

Withdrawal after 3 years:
12.5% tax on gains above ₹1.25 lakh per financial year

Groww Mutual Fund Manager

NS

Nikhil Satam

Fund Manager since Sep 2025

PM

Paras Matalia

Fund Manager since Sep 2025

Fund House Details

Groww Mutual Fund

Groww Mutual Fund

Asset management company

AUM
₹2,840.12 Cr.
No. of Schemes
122
Setup Date
March 2011

Peer Comparison

Comparison with other similar funds

Funds3 Y ReturnsARQ Rating
Quant ELSS Tax Saver Fund14.8138%
3.5
HDFC ELSS Tax Saver20.8708%
0
SBI ELSS Tax Saver Fund23.0124%
5

About Indiabulls Tax Savings Fund Direct Plan-Growth

The Indiabulls Tax Savings Fund Direct Plan-Growth is an Equity-linked savings scheme (ELSS) managed by Indiabulls Asset Management Company. ELSS provides tax benefits of ₹1.50 lakhs to investors under section 80c of the Income Tax Act. The fund is an open-ended fund, which means that it can issue and redeem units on a continuous basis. The expense ratio of the fund is lower than the category average.

Investment Objectives of the Scheme

The investment objective of the Indiabulls Tax Savings Fund Direct Plan-Growth fund is to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related securities. In addition, it also aims to provide tax-saving benefits to investors.

Key Features of The Fund

5-year return
14.9625%
Expense Ratio
0.85%
Fund Manager
Nikhil Satam
Fund Size
₹53.37 Cr.
Risk Profile
Very High

Is This Scheme Right for Me?

The Indiabulls Tax Savings Fund Direct Plan-Growth fund is suitable for investors who are looking to save tax under Section 80C of the Income Tax Act. In addition, this fund is a good option for investors having a medium to long-term investment horizon of at least 3 years as the fund comes with a lock-in period of 3 years, which indicates that you can not redeem your funds before three years. Fund name: Indiabulls Tax Savings Fund Direct Plan Growth AMC: Fund category:Investment objective: Suitability: The fund is suitable for investors who are looking to save tax under Section 80C of the Income Tax Act and who have a medium to long-term investment horizon of at least 3 years. Open ended or close ended: Expense ratio: Here are some additional things to consider before investing in this fund: The fund has a relatively short track record, having been launched in 2015. The fund's performance has been volatile in the past, but it has generated positive returns over the long term. The fund's portfolio is concentrated in large-cap stocks, which could pose risks if the market were to decline. Overall, the Indiabulls Tax Savings Fund Direct Plan Growth is a good option for investors who are looking to save tax under Section 80C and who have a medium to long-term investment horizon. However, it is important to do your own research before investing in any mutual fund.

AMC Contact Details

NameGroww Mutual Fund
Launch DateMarch 2011
Address1202A, Floor 12A, Tower 2 A, One World Centre, Jupiter Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400013, Maharashtra
Contact91 80501 80222
Emailsupport@growwmf.in
Websitehttps://www.growwmf.in/
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

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 on December 12, 2025, is ₹22.7
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, is ₹53.37 crore.
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 is 0.85%
The Groww ELSS Tax Saver Fund was launched on September 21, 2017. The fund has delivered a CAGR of undefined since inception.
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 is ₹undefined.
  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. 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.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.
  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.
  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.
  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.

ENTER AMOUNT

4,513 in 3Y at 14.2621% returns
SIP Date1st of every month

Your next SIP Payment will be on 12 January 2026

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