Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund
NAV
₹20.99
as of 6 Oct 2026
Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund is an open-ended ELSS scheme from Groww Mutual Fund managing ₹51 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹20.99 as of 6 Oct 2026. The expense ratio is 1.38% a year. Managed by Paras Matalia. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.38% / yr
- as of 31 Aug 2026
- Fund size
- ₹51 crore
- as of 31 Jul 2026
- Exit load
- None
- SIP available
- Yes
- Launched
- 28 Dec 2017
- ISIN
- INF666M01DK7
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 5 Oct 2026Benchmark: BSE 500 Index
Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund
₹142
+42% on ₹100 over 5.0 yrs
ELSS average
₹158
+58% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -5.29% | -4.27% | -1.02 |
| 6 months | -2.08% | 7.20% | -9.28 |
| 1 year | -8.79% | -2.27% | -6.52 |
| 3 years (CAGR) | 7.74% | 10.42% | -2.68 |
| 5 years (CAGR) | 7.43% | 10.04% | -2.61 |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- -8.3%
- Median
- 6.0%
- Best
- 44.6%
49 windows over the last 60 months, stepped monthly; 69% ended positive. Worst window began 1 Oct 2025. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 7.6%
- Median
- 15.2%
- Best
- 20.8%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 3 Oct 2023. Windows overlap – this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.37
- Sharpe ratio (5Y)
- 0.31
- Sortino ratio (3Y)
- 0.53 vs category 0.65
- Standard deviation (3Y)
- 15.45%
- Beta (3Y)
- 0.97
- Alpha (3Y)
- -0.44%
- Deepest fall (5Y)
- -19.08%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high – how deep and for how long is what a drawdown feels like.
Deepest fall
-19.1%
Right now
-14.5% below peak
Ahead of its benchmark in 44% of months (window: 3y, monthly) – benchmark: BSE 500 Index, name shown only.
Where the money actually is
Equity
99.4%
Cash
0.6%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
67 positions · top 10 = 37.3%
Market-cap mix
Large 67.4%Mid 30.9%Small 1.1%Other 0.6%
as of 31 Jul 2026
Holdings by sector
Financial Services(4 in top 10)34.0%
- HDFC Bank Ltd6.97%
- ICICI Bank Ltd6.53%
- State Bank of India2.91%
- The Federal Bank Ltd1.98%
- Basic Materials13.8%
Consumer Cyclical(1 in top 10)13.8%
- Mahindra & Mahindra Ltd2.32%
Industrials(2 in top 10)8.8%
- Larsen & Toubro Ltd3.27%
- Ashok Leyland Ltd2.27%
- Healthcare6.1%
Energy(1 in top 10)6.1%
- Reliance Industries Ltd5.17%
Technology(1 in top 10)5.6%
- Infosys Ltd2.27%
Communication Services(1 in top 10)4.8%
- Bharti Airtel Ltd3.66%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 183.3% vs category 34.7% a year.
Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The businesses it owns
- P/E (trailing)
- 22.6 vs category 24.2
- P/B
- 3.1 vs category 3.3
- Dividend yield
- 1.4% vs category 1.1%
- Net margin
- 18.4% vs category 17.3%
- Earnings growth
- 13.6%
- Avg market cap
- ₹2.84 lakh crore
Money in, money out
- Net flow, 12 months
- +₹1 cr
- Net flow, 3 months
- +₹0 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund?
- ₹20.99 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund?
- 1.38% a year for the Direct plan, as of 31 Aug 2026.
- How large is Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund?
- ₹51 crore under management as of 31 Jul 2026, in the ELSS category.
- How risky is Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund?
- Its SEBI Riskometer reading is "Very High Risk". Equity with a three-year lock and a Section 80C deduction attached.
- What are the 5-year returns of Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund?
- 7.43% a year over the last 5 years (Direct plan, CAGR), against a ELSS average of 10.04%. Past returns do not predict future returns.
- What is the worst 3-year return of Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund?
- 7.6% a year – the weakest of 25 overlapping 3-year holding periods, beginning 3 Oct 2023. The median was 15.2% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund?
- Paras Matalia, managing this fund for 1.1 years.
Where this fund sits
Its shelf, all funds
El · ELSS tax saver →
Equity with a three-year lock and a Section 80C deduction attached.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
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- Taurus ELSS Tax Saver Fund₹73 crore
- 360 ONE ELSS Tax Saver Nifty 50 Index Fund₹69 crore
- Shriram ELSS Tax Saver Fund₹48 crore
- LIC MF Unit Linked Insurance Scheme (ULIS) - Direct Plan - IDCW Reinvestment
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (BSE 500 Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.