Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund)-Regular Plan-Growth Option
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 100% of 3-year investment horizons.
- 5-Year CAGR of 7.15% demonstrates steady long-term compounding.
- Downside capture of 105% indicates larger drops during broader market downturns.
- Expense ratio (2.87%) is higher than category median (2.34%), which creates fee drag over time.
- Experienced a maximum drawdown of -35.9% during severe market crashes.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +9.77% | +7.77% | +2.00% |
| 3 Months | +1.71% | +0.19% | +1.52% |
| 6 Months | +5.58% | +5.12% | +0.46% |
| 1 Year | -2.09% | +1.89% | -3.98% |
| 3 Years CAGR | +9.08% | +11.88% | -2.80% |
| 5 Years CAGR | +7.15% | +9.96% | -2.81% |
| 7 Years CAGR | +10.29% | +13.84% | -3.55% |
| Since Inception | +7.88% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Groww ELSS Tax Saver Fund formerly known as Indiabulls Tax Savings Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | -2.19% | +1.20% | -3.39% |
| 2025 | -0.84% | +3.57% | -4.41% |
| 2024 | +18.25% | +19.98% | -1.73% |
| 2023 | +25.46% | +27.84% | -2.38% |
| 2022 | +2.78% | +2.11% | +0.67% |
| 2021 | +19.71% | +32.16% | -12.45% |
| 2020 | +9.89% | +17.88% | -7.99% |
| 2019 | +8.48% | +9.89% | -1.41% |
| 2018 | -7.17% | -6.42% | -0.75% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -28.19% | +10.35% | +5.29% | +70.67% | 67.1% | 14.1% |
| 3-Year Rolling | +0.76% | +12.82% | +13.34% | +24.01% | 100.0% | 1.2% |
| 5-Year Rolling | +4.58% | +12.32% | +12.73% | +21.84% | 100.0% | 0.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2018-01-29 | 2020-03-23 | -35.9% | 26 months | 8 months |
| 2024-09-23 | 2025-04-07 | -21.4% | 6 months | Not yet recovered |
| 2021-10-18 | 2022-06-17 | -16.8% | 8 months | 5 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and Equity related instruments as per ELSS guidelines* - 80% to 100% Debt, Money Market instruments, Cash and equivalent - 0% to 20% *The Scheme may invest upto a maximum of 50% of its net assets in Derivatives | Per Scheme Mandate |
Investment Objective & Strategy
The investment objective of the Scheme is 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.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 52.5 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as too small relative to ELSS schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest ELSS Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Parag Parikh ELSS Tax Saver Fund | 6.0 | +8.96% | 1.83% | 69.4% | Rs 5,773 cr | Compare → |
| Mahindra Manulife ELSS Tax Saver Fund | 2.6 | +8.78% | 2.49% | 99.1% | Rs 892 cr | Compare → |
| Sundaram ELSS Tax Saver Fund | 4.6 | +9.27% | - | 93.2% | Rs 1,287 cr | Compare → |
| UTI ELSS Tax Saver Fund | 2.9 | +8.67% | 1.94% | 102.8% | Rs 3,472 cr | Compare → |
| LIC MF ELSS Tax Saver Fund | 2.9 | +9.54% | 2.48% | 98.8% | Rs 1,020 cr | Compare → |
Frequently Asked Questions about Groww ELSS Tax Saver Fund formerly known as Indiabulls Tax Savings Fund
What is the expense ratio of Groww ELSS Tax Saver Fund formerly known as Indiabulls Tax Savings Fund?
Groww ELSS Tax Saver Fund formerly known as Indiabulls Tax Savings Fund has a total expense ratio (TER) of 2.87% with a base expense ratio of 2.08%, compared to the ELSS category median of 2.34%.
Who manages Groww ELSS Tax Saver Fund formerly known as Indiabulls Tax Savings Fund?
Groww ELSS Tax Saver Fund formerly known as Indiabulls Tax Savings Fund is managed by Paras Matalia.
What are the historical returns of Groww ELSS Tax Saver Fund formerly known as Indiabulls Tax Savings Fund?
Groww ELSS Tax Saver Fund formerly known as Indiabulls Tax Savings Fund delivered a 3-year CAGR of 9.08% and a 5-year CAGR of 7.15%. Its 1-year return stands at -2.09%.
How large is Groww ELSS Tax Saver Fund formerly known as Indiabulls Tax Savings Fund?
Groww ELSS Tax Saver Fund formerly known as Indiabulls Tax Savings Fund manages assets of Rs 52.5 cr, placing it in the 'too small' size band relative to ELSS peers.
How is Groww ELSS Tax Saver Fund formerly known as Indiabulls Tax Savings Fund scored on MFIQ?
Groww ELSS Tax Saver Fund formerly known as Indiabulls Tax Savings Fund holds an MFIQ Score of 2.7/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Groww ELSS Tax Saver Fund formerly known as Indiabulls Tax Savings Fund?
Groww ELSS Tax Saver Fund formerly known as Indiabulls Tax Savings Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 14.57% with a maximum historical drawdown of -35.90%.