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

Groww Mutual Fund · Equity · mandate: ≥80% in equities; 3-year lock-in (Sec 80C) · benchmark: NIFTY 500 TRI (TRI proxy)
AUM (all plans)
46 cr
Active return /yr (full)
-1.6%
Score
31
Rank (Score, pool)
#231 of 245
Percentile (full, pool)
11
IR vs benchmark
-0.36
CAGR (absolute)
11.8%
Max drawdown
-27.5%
Months of data
104
Percentile ranks this fund within its peer pool; the leaderboard Score is the weighted average of its fiscal-year percentiles (equity: active-return-rank blended with IR-rank).

Cumulative active return

20192020202120222023202420252026-15-72Cumulative active return vs benchmark, %
Growth of the fund relative to its benchmark: +10 means ₹100 in the fund is worth 10% more than ₹100 in the benchmark since the start of the line.

Equity curve

20182019202020212022202320242025202674183292Fund (NAV=100)Benchmark: NIFTY 500 TRICategory median (Flexi)

Drawdown

201820192020202120222023202420252026-28-140Drawdown %

Fiscal-year record

FYActive vs BMvs categoryIR%ileTEBenchmarkFund returnmonths
FY22-5.6%-4.8%-1.41113.4%21.6%16.0%12
FY232.6%-0.4%0.71533.4%-1.6%0.9%12
FY241.5%0.1%0.47522.5%40.1%41.6%12
FY25-3.7%-6.3%-0.61105.7%5.9%2.2%12
FY26-1.1%-1.8%-0.23324.9%-3.1%-4.2%12
FY27*-2.2%-4.0%-1.57213.1%15.1%12.9%5
Active/Fund returns are TOTALS over the months covered — never annualized (FY27* is year-to-date; a * row covers only part of the year). %ile is the fund's percentile within its peer pool for that year.

Monthly active returns (%)

JanFebMarAprMayJunJulAugSepOctNovDecYear
2019-1.3-0.4+0.2-1.5
2020-0.8+1.3+1.8-2.3-0.7-1.8-1.4+0.9-0.8+0.0-1.7-0.6-5.9
2021-1.3-0.7+0.4-1.7-1.5+1.2+0.1-0.5-1.2+0.8-0.2-1.1-5.5
2022+0.9-0.9-0.8-0.4+2.5+0.1-0.3-1.4-0.0+1.2-0.2-0.1+0.6
2023+0.2+1.0-0.2-0.5-0.6-0.4-0.6-1.0+0.5+0.8+0.4+1.2+0.7
2024+0.9+0.2+0.3-0.5+0.5-0.5-1.7+1.1-0.1+1.6+1.5+0.5+3.7
2025-4.5-0.4-0.9-2.0+2.9-0.1+2.3+0.1-1.3-1.5-0.5-0.3-6.3
2026-0.4+0.0-0.2-1.9-0.7+0.2+0.0+0.3-2.7
Fund monthly return minus benchmark; the year column compounds each separately and differences them.

Monthly returns (%)

JanFebMarAprMayJunJulAugSepOctNovDecYear
2018+4.3-3.5-4.1+4.4-3.9-3.2+5.2+1.6-8.5-3.6+5.1+0.9-6.3
2019-3.0-0.3+6.9+0.1+2.7-0.2-6.1-0.4+5.9+2.5+0.9+0.8+9.5
2020-1.0-4.9-21.8+11.7-2.9+6.4+5.3+4.4-1.0+2.7+10.1+6.8+11.7
2021-3.2+7.1+1.4-1.3+5.5+3.3+1.6+6.1+2.2+1.1-3.0+1.3+23.6
2022+0.4-4.8+3.3-1.1-1.7-4.9+9.3+3.2-3.3+5.2+3.2-3.3+4.6
2023-3.2-1.7+0.1+4.0+3.1+3.9+3.3-1.6+2.7-2.0+7.5+9.2+27.5
2024+2.8+1.7+1.1+3.0+1.2+6.4+2.7+2.1+2.1-4.8+1.5-0.9+20.2
2025-8.0-8.2+6.4+1.2+6.6+3.7-0.6-1.8-0.1+2.9+0.4-0.6+0.7
2026-3.7+0.5-11.6+8.6-0.7+1.8+2.2+0.6-3.4

Quarterly average AUM & estimated net flows

201820192020202120222023202420252026335781AUM (quarter avg), ₹cr
-2757
Quarterly net flow estimate: AUM_q − AUM_(q−1)·(1+quarter return). AUM shown is the quarter AVERAGE (AMFI central disclosure). Positive = net inflows, ₹cr.
Source: AMFI's official all-scheme NAV history (portal report; official NAV history, net of TER by construction). Monthly returns are month-end NAV chains; stale prints (>7 days before month-end) drop out rather than carry. Benchmark series are the median of plain-vanilla direct-plan index funds tracking each index (TRI minus ~10-25bp/yr tracking drag — verified against true-TRI chains). Direct plans, growth option only. Sharpe uses rf 6%, arithmetic monthly convention. Independence: all figures are computed from mandatory public disclosures with a fixed methodology applied identically to every fund — no fund can pay for inclusion, exclusion, placement, or altered presentation, and any material commercial relationship will be disclosed on the affected pages. Nothing here is investment advice; past performance does not predict future returns. Generated 2026-08-25 05:37Z · data through Aug 2026 · leaderboard · PMS leaderboard
Feedback, inputs, or bug reports are appreciated — @vivekrmr on X · LinkedIn.