The Scheme seeks 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.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Nikhil Satam
B. com, Masters in Finance.
Prior to joining Groww MF he was associated with Groww Invest Tech Private Ltd (formerly known as Nextbillion Technology Pvt. Ltd).
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Groww ELSS Tax Saver Fund is ₹19.27 as of 2026-08-28.
Groww ELSS Tax Saver Fund is classified as a ELSS fund.
The Assets Under Management (AUM) of Groww ELSS Tax Saver Fund is ₹51.38 Cr.
The expense ratio of Groww ELSS Tax Saver Fund is 2.85%.
Groww ELSS Tax Saver Fund is managed by Nikhil Satam.
The minimum SIP investment for Groww ELSS Tax Saver Fund is ₹500.
As per the SEBI Riskometer, Groww ELSS Tax Saver Fund carries a Very High risk level.
Groww ELSS Tax Saver Fund has delivered -2.38% (1Y), 9.83% (3Y) and 8.43% (5Y) annualised returns as of 2026-08-28.
Groww ELSS Tax Saver Fund was launched on 2008-04-10.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
