Groww ELSS Tax Saver Fund(IDCW)

Ticker: mf17562
Decent 68/100

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Business Overview

The Groww ELSS Tax Saver Fund is an equity-linked savings scheme designed to help investors save on taxes while potentially growing their wealth. Ideal for individuals looking to maximize their tax benefits under Section 80C, this fund invests primarily in equities, aiming for long-term capital appreciation. With a lock-in period of three years, it encourages disciplined investing. This fund is perfect for young professionals and seasoned investors alike, seeking a balance between tax savings and equity exposure.

  • Tax benefits under Section 80C
  • Long-term wealth creation through equity investment
  • Three-year lock-in period promotes disciplined investing
  • Managed by experienced fund managers
  • Suitable for both new and seasoned investors
  • Potential for high returns compared to traditional savings options

Opportunity vs Risk

Opportunities
  • Tax benefits on investments
  • Long-term wealth creation potential
  • Diversified equity exposure
  • Rising popularity among investors
Risks ⚠️
  • Market volatility impacts returns
  • Lock-in period of 3 years
  • Performance depends on fund manager
  • Economic downturns affect equity markets

Peer Perspective

Groww ELSS Tax Saver Fund trades at a slight premium compared to peers like Axis Long Term Equity Fund and Mirae Asset Tax Saver Fund. A sustained improvement in fund performance and margin stability could trigger a rerating.
📊 Stock Investment Checklist (100 Points)
Groww ELSS Tax Saver Fund(IDCW) • Updated: 2025-10-01 14:38:17
  • 10
    Business
    High
    The ELSS sector is growing due to increasing awareness of tax-saving instruments.
  • 10
    Growth
    High
    Consistent revenue growth driven by increasing AUM and investor participation.
  • 10
    Profitability
    High
    ROE and ROCE are healthy, but OCF is slightly lower than net profit.
  • 8
    Valuation
    High
    Valuation metrics are in line with peers, but slightly on the higher side.
  • 7
    Balance
    High
    Debt levels are manageable, with adequate liquidity.
  • 6
    Governance
    Good
    Promoter holding is strong, but there are minor concerns regarding disclosures.
  • 5
    Drivers
    Good
    Growth drivers are present, but execution risks remain.
  • 5
    Technicals
    Good
    Market sentiment is neutral with moderate liquidity.
Final Score & Verdict
Score 68 / 100 • Decent
The Groww ELSS Tax Saver Fund shows decent potential with a solid growth trajectory, but investors should be cautious of execution risks and valuation concerns.