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3 Year return
19.1%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹45.71 Cr.
Expense Ratio
0.55% (inclusive of GST)
Exit Load
Nil
Tax Implications
Withdrawal within 1 year
Not applicable as these investments cannot be sold before the 3 year lock-in period
Withdrawal after 1 year
10% tax on gains over ₹1 Lakh per financial year
Fund Holdings
| Other Holdings | % of Asset |
|---|---|
| Reliance Industr | 2.86 % |
| Birlasoft Ltd | 2.76 % |
| C C I | 2.67 % |
| Bharti Airtel | 2.53 % |
| NTPC | 2.47 % |
| St Bk of India | 2.36 % |
| Bajaj Finance | 2.17 % |
| TCS | 2.15 % |
| Zomato Ltd | 2.07 % |
| Cummins India | 2.04 % |
| Persistent Sys | 2 % |
| CreditAcc. Gram. | 1.96 % |
| Interglobe Aviat | 1.94 % |
| Bharat Dynamics | 1.91 % |
| Samvardh. Mothe. | 1.88 % |
| Sun Pharma.Inds. | 1.85 % |
| Cholaman.Inv.&Fn | 1.85 % |
| Titan Company | 1.77 % |
| Tata Motors | 1.63 % |
| Bharat Electron | 1.62 % |
| Power Fin.Corpn. | 1.6 % |
| Bajaj Auto | 1.58 % |
| Mphasis | 1.49 % |
| Net CA & Others | 1.45 % |
| UltraTech Cem. | 1.39 % |
| Varun Beverages | 1.36 % |
| IndusInd Bank | 1.33 % |
| Jyothy Labs | 1.31 % |
| Lupin | 1.28 % |
| KEI Industries | 1.28 % |
| Hindalco Inds. | 1.27 % |
| Syrma SGS Tech. | 1.22 % |
| Safari Inds. | 1.21 % |
| Maruti Suzuki | 1.19 % |
| eClerx Services | 1.12 % |
| HCL Technologies | 1.1 % |
| L&T Technology | 1.09 % |
| Ujjivan Fin.Ser. | 1.04 % |
| ITC | 1.01 % |
| Yatharth Hospit. | 0.99 % |
| ACC | 0.99 % |
| Craftsman Auto | 0.96 % |
| DLF | 0.93 % |
| Mrs Bectors | 0.92 % |
| Supreme Inds. | 0.92 % |
| Sansera Enginee. | 0.83 % |
| Happy Forgings | 0.63 % |
| Samhi Hotels | 0.46 % |
| Steel Str. Wheel | 0.45 % |
Groww Mutual Fund Managers
SB
Sumit Bhatnagar
Fund Manager since Jan 2019
Fund House Details
Groww Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
|
Funds
|
3 Y Returns
|
ARQ Rating
|
|---|---|---|
|
Quant ELSS Tax Saver Fund IDCW Direct Plan Payout |
28.86% |
3.5 |
|
SBI Long Term Equity Fund Direct Plan IDCW Payout |
27.91% |
5 |
|
Bank of India ELSS Tax Saver Direct Plan IDCW Payout |
25.29% |
3 |
Schemes by Groww Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Groww Aggressive Hybrid Fund (formerly known as Indiabulls Equity Hybrid Fund) Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Groww Aggressive Hybrid Fund (formerly known as Indiabulls Equity Hybrid Fund) Direct Plan IDCW (Payout & Payout)
Hybrid . Aggressive Hybrid Fund
Groww Aggressive Hybrid Fund (formerly known as Indiabulls Equity Hybrid Fund) Direct Plan IDCW (Reinvestment & Reinvestment)
Hybrid . Aggressive Hybrid Fund
Groww Aggressive Hybrid Fund (formerly known as Indiabulls Equity Hybrid Fund) Direct Plan Half Yearly IDCW (Payout & Payout)
About Indiabulls Tax Savings Fund Direct Plan-Growth
The Indiabulls Tax Savings Fund Direct Plan-Growth is an Equity-linked savings scheme (ELSS) managed by Indiabulls Asset Management Company. ELSS provides tax benefits of ₹1.50 lakhs to investors under section 80c of the Income Tax Act. The fund is an open-ended fund, which means that it can issue and redeem units on a continuous basis. The expense ratio of the fund is lower than the category average.
Investment Objectives of the Scheme
The investment objective of the Indiabulls Tax Savings Fund Direct Plan-Growth fund is to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related securities. In addition, it also aims to provide tax-saving benefits to investors.
Key Features of The Fund
| 5-year return | 16.04% |
| Expense Ratio | 0.55% |
| Fund Manager | Sumit Bhatnagar |
| Fund Size | ₹45.71 Cr |
| Risk Profile | Very High |
Is This Scheme Right for Me?
The Indiabulls Tax Savings Fund Direct Plan-Growth fund is suitable for investors who are looking to save tax under Section 80C of the Income Tax Act. In addition, this fund is a good option for investors having a medium to long-term investment horizon of at least 3 years as the fund comes with a lock-in period of 3 years, which indicates that you can not redeem your funds before three years. Fund name: Indiabulls Tax Savings Fund Direct Plan Growth AMC: Fund category:Investment objective: Suitability: The fund is suitable for investors who are looking to save tax under Section 80C of the Income Tax Act and who have a medium to long-term investment horizon of at least 3 years. Open ended or close ended: Expense ratio: Here are some additional things to consider before investing in this fund: The fund has a relatively short track record, having been launched in 2015. The fund's performance has been volatile in the past, but it has generated positive returns over the long term. The fund's portfolio is concentrated in large-cap stocks, which could pose risks if the market were to decline. Overall, the Indiabulls Tax Savings Fund Direct Plan Growth is a good option for investors who are looking to save tax under Section 80C and who have a medium to long-term investment horizon. However, it is important to do your own research before investing in any mutual fund.
AMC Contact Details
| Name | Groww Mutual Fund |
| Launch Date | March 2011 |
| Addresss | 1202A, Floor 12A, Tower 2 A, One World Centre, Jupiter Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400013, Maharashtra |
| Contact | 91 80501 80222 |
| support@growwmf.in | |
| Website | https://www.growwmf.in/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
