Scheme

IB11 Groww ELSS Tax Saver Fund

Holds 99 companies worth ₹47.6 Cr in Sept 2026.

Fund house
GROWWThe fund house that runs this scheme.
AUM
₹48.2 CrIB11 Groww ELSS Tax Saver Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 6.4% on Aug 2026, ₹51.6 Cr.
Largest holding
HDFC BankHDFC Bank is 6.8% of this scheme's NAV.
Fund manager
Paras MataliaRuns it since 14 Jul 2025, as the fund house dates it. With Nikhil Satam (fund manager).

Overview^{(7 Oct 2026)}

Fund managers2

Paras MataliaFund manager, equity · Jul 2025 · 8y · CA CFA B.Com
Nikhil SatamFund manager · Nov 2025 · 11y · B.Com

Anupam TiwariMay 2023 – Aug 2025

Key facts

Benchmark: Nifty 500 - TRI
Risk: Very High
Expense: Regular 2.92% · Direct 1.52%
Exit load: Lock in period is 3 years from the date of Allotment
Started: 28 Dec 2017
Minimum: ₹500

Source.Its Scheme Summary Document as of 7 Oct 2026 at AMFI.

What changed^{(16 changes)}

Aug 2026

1 change

Expense ratio
30 AugRegular 2.85% → 2.9%Direct 1.38% → 1.5%

Jul 2026

1 change

Expense ratio
31 JulRegular 2.91% → 2.85%Direct 1.44% → 1.38%

Jun 2026

1 change

Expense ratio
30 JunRegular 2.93% → 2.91%Direct 1.46% → 1.44%

Source.Its filings at NSE, since Mar 2025.

Fund managers over time^{(May 2023 – now)}

MainCoSlice202420252026

Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs^{(Mar 2025 – Oct 2026)}

Every change to the expense ratio, newest first.
10 changes	Regular	Direct	Δ pt
30 Aug 2026	2.90%	1.50%	0.12
31 Jul 2026	2.85%	1.38%	0.06
30 Jun 2026	2.91%	1.44%	0.02
31 May 2026	2.93%	1.46%	0.13
9 May 2026	2.81%	1.33%	0.39
9 Mar 2026	2.39%	0.94%	0.09
7 Aug 2025	2.30%	0.85%	0.30
7 Jul 2025	2.25%	0.55%	0.30
12 Jun 2025	2.30%	0.85%	0.30
7 Mar 2025	2.25%	0.55%	–

Direct plan, 30 Aug 2026

1.50%

Regular plan 2.90% · Exit load Lock in period is 3 years from the date of Allotment

Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk^{(7 Oct 2026)}

Objective

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.

Risk, type and benchmark

Riskometer: Very High
At launch: Very High
Type: An open ended scheme with attributes in accordance with Equity Linked Saving Scheme,2005 notified by Ministry of Finance
Benchmark: Nifty 500 - TRI

Asset allocation it may hold% of NAV

Equity and Equity related instruments as per ELSS guidelines
Allowed80–100%Holds98.6%
Debt, Money Market instruments, Cash and equivalent
Allowed0–20%Holds1.4%

Holds in Sept 2026.98.6% equity · 1.4% debt and cash

How to invest^{(7 Oct 2026)}

Buying

To start: ₹500, then in multiples of ₹500
To add: ₹500, then in multiples of ₹500
Most: ₹9,99,99,99,99,999
Systematic: SIP - Daily, Weekly, Monthly, Quarterly and SWP - Monthly, Quarterly
Dates: SIP - 15th of Every Month & SWP - In case no date is selected by the investor, the default SWP date will be the 15th of every month.If 15th is a holiday, the SWP will be processed on the next business day.
Minimum: SIP - 500,500,500,500; SWP - 500,1500, then in multiples of ₹500
Instalments: 6 months, 12 , 4
Most: ₹9,99,99,99,99,999

Selling and switching

To redeem: ₹500 or 1 units
Switch minimum: ₹500 or 1 units
Switch multiples: ₹500 or 1 units
Switch most: ₹9,99,99,99,99,999 or 1 units

Scheme details^{(7 Oct 2026)}

What it is

Category: Growth / Equity Oriented Schemes
Offer: 21 Sept 2017 to 20 Dec 2017
Started: 28 Dec 2017
Reopened: 29 Dec 2017
Plans: Direct Plan - IDCW - Payout · Direct Plan - Growth - Growth · Regular Plan - IDCW - Payout · Regular Plan - Growth - Growth
Face value: ₹10
Listed: No

How it is run

Side-pocketing: SIP - Daily, Weekly, Monthly, Quarterly ;: STP - Daily, Weekly, Monthly, Quarterl SIP - 500,500,500,500;: STP
Custodian: HDFC Bank Ltd.
Auditor: S.R. Batliboi & Co. LLP
Registrar: Kfintech Technologies Limited
SEBI code: INDB/O/E/ELS/17/08/0006