Can I invest in SIP and Lumpsum in Groww ELSS Tax Saver Fund - Direct (G) Direct Growth?

Yes, you can invest both lumpsum and SIP in Groww ELSS Tax Saver Fund - Direct (G). Minimum lumpsum investment Groww ELSS Tax Saver Fund - Direct (G) is ₹500 and minimum SIP amount is ₹500 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of Groww ELSS Tax Saver Fund - Direct (G) Direct Growth?

The latest NAV ( Net Asset Value ) of Groww ELSS Tax Saver Fund - Direct (G) is Groww ELSS Tax Saver Fund - Direct (G) is ₹21.86 as on 2025-05-16.

Which are the biggest stock holdings of Groww ELSS Tax Saver Fund - Direct (G)?

The 5 biggest stock holdings of Groww ELSS Tax Saver Fund - Direct (G) are: ICICI Bank (7.81%), HDFC Bank (7.43%), St Bk of India (4.89%), Bharti Airtel (4.19%), Bajaj Finance (3.38%)

What are the top sectors Groww ELSS Tax Saver Fund - Direct (G) invests in?

A majority of Groww ELSS Tax Saver Fund - Direct (G) 's AUM worth ₹47.36 (Cr) is invested in these 3 top sectors: Banks : 24.94% IT-Software : 11.72% Auto Components : 8.27%

Mutual Funds
AMC
Groww ELSS Tax Saver Fund - Direct (G)

Groww ELSS Tax Saver Fund - Direct (G)

ELSS

Invest Now

NAV
21.86(0.32%)
Fund Size (CR)
₹47.36
Expense Ratio
0.55
Scheme Type
Active Fund
Value Research

Min. investment
₹500
Minimum Additional Investment
₹500
Minimum SIP Investment
₹500
Minimum Withdrawal
₹500
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
11.17%

Absolute Return: 9.57%

Annualized Return: 0%

Basic Details

Scheme Manager

Anupam Tiwari

Bench Mark

BSE 500 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	9 May 2025	10580.83	5.81%	-	5.73%	62/217
1 Month	16 April 2025	10720.94	7.21%	-	6.52%	44/217
3 Month	14 February 2025	10897.31	8.97%	-	10.07%	160/217
6 Month	14 November 2024	10000.00	0%	-	1.92%	157/213
1 Year	16 May 2024	10616.80	6.17%	6.17%	9.38%	156/213
3 Year	16 May 2022	16725.33	67.25%	18.68%	21.45%	162/203
5 Year	15 May 2020	27393.48	173.93%	22.30%	27.44%	185/203
Since Inception	28 December 2017	21860.00	118.60%	11.17%	15.77%	204/217

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	3 June 2024	1,20,000	119900.87	-0.08%	-0.08%
3 Year	1 June 2022	3,60,000	452057.61	25.57%	7.89%
5 Year	1 June 2020	6,00,000	895821.20	49.30%	8.35%
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

4.24%

Standard Deviation

1.04%

Beta

0.57%

Sharpe Ratio

-0.01%

Treynor's Ratio

2.04%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
ICICI Bank	7.81%	25906	3.70	Equity	Banks
HDFC Bank	7.43%	18282	3.52	Equity	Banks
St Bk of India	4.89%	29351	2.31	Equity	Banks
Bharti Airtel	4.19%	10645	1.98	Equity	Telecomm-Service
Bajaj Finance	3.38%	1854	1.60	Equity	Finance
Cholaman.Inv.&Fn	3.13%	9920	1.48	Equity	Finance
Reliance Industr	3.12%	10524	1.48	Equity	Refineries
Craftsman Auto	2.68%	2752	1.27	Equity	Auto Ancillaries
Larsen & Toubro	2.43%	3441	1.15	Equity	Infrastructure Developers & Operators
Eicher Motors	2.39%	2036	1.13	Equity	Automobile

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Groww ELSS Tax Saver Fund - Direct (G)	47.36	7.21%	8.97%	0%	6.17%	18.68%
SBI Long Term Advantage Fund-Series V -Dir (IDCW)	362.08	3.96%	14.15%	6.98%	28.87%	25.06%
SBI Long Term Advantage Fund - Series V -Dir (G)	362.08	3.96%	14.15%	6.98%	28.87%	25.06%
WhiteOak Capital ELSS Tax Saver Fund - Direct (G)	359.81	6.45%	10.60%	4.06%	17.80%	-
WhiteOak Capital ELSS Tax Saver Fund - Direct (IDCW)	359.81	6.45%	10.60%	4.06%	17.80%	-
HSBC Tax Saver Equity Fund - Direct (G)	235.25	6.81%	10.72%	2.27%	17.53%	23.99%

List of Schemes under Groww Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Groww Gold ETF FOF	Other	High	0%	0	₹26.33
Groww Gilt Fund	Debt	Moderate	0%	0	₹0.00
Groww Large Cap Fund	Equity	Very High	7.47%	2	₹123.82
Groww Overnight Fund	Debt	Low	6.49%	2	₹15.68
Groww Banking & Financial Services Fund	Equity	Very High	12.44%	0	₹51.80
Groww Nifty India Railways PSU Index Fund	Other	Very High	0%	0	₹25.48
Groww Aggressive Hybrid Fund	Hybrid	High	7.24%	2	₹45.61
Groww Nifty India Defence ETF FOF	Other	Very High	0%	0	₹39.29
Groww Liquid Fund	Debt	Moderately Low	7.4%	4	₹142.44
Groww Nifty Total Market Index Fund	Other	Very High	9.81%	0	₹289.09
Groww Nifty 200 ETF FOF	Other	Very High	0%	0	₹3.47
Groww Value Fund	Equity	Very High	11.15%	1	₹51.42
Groww Multi Cap Fund	Equity	NA	0%	0	₹0.00
Groww Multicap Fund	Equity	Very High	0%	0	₹92.31
Groww Short Duration Fund	Debt	Moderate	9.92%	2	₹66.92
Groww Nifty Non-Cyclical Consumer Index Fund	Other	Very High	0%	0	₹49.65
Groww Nifty 500 Momentum 50 ETF FOF	Other	Very High	0%	0	₹14.38
Groww Dynamic Bond Fund	Debt	Moderate	10.38%	2	₹63.90
Groww Silver ETF FOF	Other	Very High	0%	0	₹0.00
Groww Nifty Smallcap 250 Index Fund	Other	Very High	5.42%	0	₹99.99
Groww ELSS Tax Saver Fund	Equity	Very High	6.17%	2	₹47.36
Groww Nifty EV & New Age Automotive ETF FOF	Other	Very High	0%	0	₹126.61

News

Groww Mutual Fund announces change in fund manager under its schemes

Groww Mutual Fund has announced change in fund manager under the following schemes, with effect from 16 May 2025.

Change in Fund Manager:

Name of the Scheme	Existing Fund Manager(s)	Revised Fund Manager(s)
Groww Nifty Total Market Index Fund	Mr. Nikhil Satam Mr. Aakash Chauhan	Mr. Nikhil Satam Mr. Aakash Chauhan Mr. Shashi Kumar
Groww Nifty Smallcap 250 Index Fund	Mr. Nikhil Satam Mr. Aakash Chauhan	Mr. Nikhil Satam Mr. Aakash Chauhan Mr. Shashi Kumar
Groww Nifty Non-Cyclical Consumer Index Fund	Mr. Nikhil Satam Mr. Aakash Chauhan	Mr. Nikhil Satam Mr. Aakash Chauhan Mr. Shashi Kumar
Groww Nifty EV & New Age Automotive ETF FOF	Mr. Nikhil Satam Mr. Aakash Chauhan	Mr. Nikhil Satam Mr. Aakash Chauhan Mr. Shashi Kumar
Groww Nifty EV & New Age Automotive ETF	Mr. Nikhil Satam Mr. Aakash Chauhan	Mr. Nikhil Satam Mr. Aakash Chauhan Mr. Shashi Kumar
Groww Nifty India Defence ETF	Mr. Nikhil Satam Mr. Aakash Chauhan	Mr. Nikhil Satam Mr. Aakash Chauhan Mr. Shashi Kumar
Groww Nifty India Defence ETF FOF	Mr. Nikhil Satam Mr. Aakash Chauhan	Mr. Nikhil Satam Mr. Aakash Chauhan Mr. Shashi Kumar
Groww Nifty India Railways PSU Index Fund	Mr. Nikhil Satam Mr. Aakash Chauhan	Mr. Nikhil Satam Mr. Aakash Chauhan Mr. Shashi Kumar
Groww Nifty India Railways PSU ETF	Mr. Nikhil Satam Mr. Aakash Chauhan	Mr. Nikhil Satam Mr. Aakash Chauhan Mr. Shashi Kumar
Groww Nifty 200 ETF	Mr. Nikhil Satam Mr. Aakash Chauhan	Mr. Nikhil Satam Mr. Aakash Chauhan Mr. Shashi Kumar
Groww Nifty 200 ETF FOF	Mr. Nikhil Satam Mr. Aakash Chauhan	Mr. Nikhil Satam Mr. Aakash Chauhan Mr. Shashi Kumar
Groww Nifty 500 Momentum 50 ETF	Mr. Nikhil Satam Mr. Aakash Chauhan	Mr. Nikhil Satam Mr. Aakash Chauhan Mr. Shashi Kumar
Groww Nifty 500 Momentum 50 ETF FOF	Mr. Nikhil Satam Mr. Aakash Chauhan	Mr. Nikhil Satam Mr. Aakash Chauhan Mr. Shashi Kumar

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Groww MF Announces change in fund managers under its schemes

Groww Mutual Fund has announced change in fund managers under the following schemes, with effect from 03 March 2025.

Change in Fund Management Responsibilities:

Name of the Scheme	Existing Fund Managers	Revised Fund Managers
Groww Nifty Total Market Index Fund	Mr. Abhishek Jain Mr. Nikhil Satam	Mr. Nikhil Satam
Groww Nifty Smallcap 250 Index Fund	Mr. Abhishek Jain Mr. Nikhil Satam	Mr. Nikhil Satam
Groww Nifty Non-Cyclical Consumer Index Fund	Mr. Abhishek Jain Mr. Nikhil Satam	Mr. Nikhil Satam
Groww Nifty EV & New Age Automotive ETF FOF	Mr. Abhishek Jain Mr. Nikhil Satam	Mr. Nikhil Satam
Groww Nifty EV & New Age Automotive ETF	Mr. Abhishek Jain Mr. Nikhil Satam	Mr. Nikhil Satam
Groww Nifty India Defence ETF	Mr. Abhishek Jain Mr. Nikhil Satam	Mr. Nikhil Satam
Groww Nifty India Defence ETF FOF	Mr. Abhishek Jain Mr. Nikhil Satam	Mr. Nikhil Satam
Groww Nifty India Railways PSU Index Fund	Mr. Abhishek Jain Mr. Nikhil Satam	Mr. Nikhil Satam
Groww Nifty India Railways PSU ETF	Mr. Abhishek Jain Mr. Nikhil Satam	Mr. Nikhil Satam
Groww Nifty 200 ETF	Mr. Abhishek Jain	Mr. Nikhil Satam
Groww Nifty 200 ETF FOF	Mr. Abhishek Jain	Mr. Nikhil Satam

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Groww MF announces change in fund manager under its scheme

Groww Mutual Fund has announced change in fund manager under the following scheme, with effect from 24 February 2025

Change in Fund Management Responsibilities:

Name of the Scheme	Existing Fund Manager	Revised Fund Manager(s)
Groww Banking & Financial Services Fund	Mr. Anupam Tiwari	Mr. Anupam Tiwari (Head- Equity) Mr. Saptarshee Chatterjee (Assistant Fund Manager)

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Fund House Details & Investment Objective

Date of Incorporation

21 September 2017

Total AUM (Cr)

₹47.36

Groww ELSS Tax Saver Fund - Direct (G) is an ELSS-oriented fund from the renowned AMC, Groww Mutual Fund. Launched in 21 September 2017, this fund is managed by Anupam Tiwari. With assets under management (AUM) worth ₹47.36 (Cr), as of 16 May 2025, Groww ELSS Tax Saver Fund - Direct (G) is categorized as a ELSS within its segment. The fund has generated a return of 11.17% since its launch.
The current NAV of Groww ELSS Tax Saver Fund - Direct (G) is ₹21.86, as on 16 May 2025. The fund's benchmark index is BSE 500 TRI. You can invest in Groww ELSS Tax Saver Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹500.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 18.68% and 22.30% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 96.02% in Equity, 1.58% in Debt and 2.40% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 24.94% in Banks, 11.72% in IT-Software, 8.27% in Auto Components, 7.84% in Finance, 6.70% in Cash & Others

FAQs

How to Invest in Groww ELSS Tax Saver Fund - Direct (G) Direct Growth?

Groww ELSS Tax Saver Fund - Direct (G) is a popular fund in the ELSS segment. The fund has generated a return of 11.17% since inception. Looking to invest in Groww ELSS Tax Saver Fund - Direct (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Groww ELSS Tax Saver Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, Groww ELSS Tax Saver Fund - Direct (G)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Groww ELSS Tax Saver Fund - Direct (G) today and reap the benefits of this ELSS fund!

How much returns has Groww ELSS Tax Saver Fund - Direct (G) Direct Growth generated?

In the short term, i.e., 1 year, Groww ELSS Tax Saver Fund - Direct (G) has generated annualised return of 6.17%. In the long-term, the fund has generated 18.68% and 22.30% in 3 and 5 years respectively. Since its inception, the fund has generated 11.17% returns.

What is the expense ratio of Groww ELSS Tax Saver Fund - Direct (G) Direct Growth?

The expense ratio of Groww ELSS Tax Saver Fund - Direct (G) Direct Growth is 0.55%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Groww ELSS Tax Saver Fund - Direct (G) Fund Direct Growth?

The Assets Under Management (AUM) of Groww ELSS Tax Saver Fund - Direct (G) is ₹47.36 (Cr) as of 2025-05-16 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Groww ELSS Tax Saver Fund - Direct (G) Direct Growth?

Redeeming or selling units of Groww ELSS Tax Saver Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Groww ELSS Tax Saver Fund - Direct (G):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case Groww ELSS Tax Saver Fund - Direct (G)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).