Home› Funds› Groww ELSS Tax Saver Fund (formerly known as India

Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund)-Regular Plan-Growth Option

Groww · ELSS
High
₹17.66
Current NAV
23 Oct 2026
-13.3%
1Y Return
6.2%
3Y CAGR
5.1%
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.84).
  • Generates significant excess returns relative to benchmark index (Alpha: 5.34).
  • Well-diversified portfolio aligned with the ELSS mandate.
Cons / Risks
  • Subject to high equity market volatility and short-term capital fluctuations.
  • Higher expense ratio (2.34%) which can affect compounding over long horizons.
  • Sluggish 3-year performance, lagging behind primary equity benchmarks.

Suitable for
  • Long-term wealth creation (5+ years horizon) like retirement or child education.
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term goals (under 3 years) where preserving the capital is the main priority.
  • Short-term trading or speculative investment horizons.

Risk Profile: High Risk
Low Moderate High Very High
Risk Metrics
1.84
Sharpe Ratio
1.14
Beta
5.34
Alpha
2.28
Sortino
Fund Details
Fund House Groww
Category ELSS
AUM ₹6390 Cr
Expense Ratio 2.34%
Min SIP ₹500
Min Lumpsum ₹1000
Similar Funds in ELSS
Navi ELSS Tax Saver Fund- Direct Plan- Growth Option
Navi
₹32.81 7.6%
Navi ELSS Tax Saver Fund - Direct Plan IDCW Payout
Navi
₹32.40 7.6%
Navi ELSS Tax Saver Fund - Regular Plan IDCW Payout
Navi
₹27.30 5.6%
Navi ELSS Tax Saver Fund- Regular Plan- Growth Option
Navi
₹27.30 5.6%