Groww ELSS Tax Saver Fund
Direct · GrowthAI Summary
Groww ELSS Tax Saver Fund has delivered a 3Y SIP XIRR of 15.23% and a 5Y XIRR of 15.12%, modestly above the 3Y category average of 14.57% but below the 5Y category average of 16.78%. Longer-term XIRR of 13.96% over 7Y also trails the category average of 15.85%, indicating underperformance over extended horizons. The recent 1Y XIRR of 5.41% is well below the category's 9.6%, reflecting a weak recent stretch.
The fund has experienced 4 drawdown events greater than 10%, with a maximum drawdown duration of 784 days and a recovery period of 235 days, indicating that investors may need patience during prolonged recovery phases. Calmar ratios of 0.4314 (3Y) and 0.4184 (5Y) suggest moderate risk-adjusted returns, though the 1Y Calmar of 0.3601 reflects the current weak phase. Calendar year returns show meaningful dispersion, ranging from 27.23% in 2023 to -9.3% in 2026.
Detailed holdings and sector allocation data were not provided in this dataset, so portfolio composition cannot be assessed from the metrics available. Investors should review the fund's latest factsheet or portfolio disclosure to evaluate concentration and diversification before investing. As an ELSS fund, it must maintain at least 80% in equities, which shapes its overall exposure profile.
The fund beats the category average on 3Y SIP XIRR (15.23% vs 14.57%) but lags on 5Y (15.12% vs 16.78%) and 7Y (13.96% vs 15.85%) horizons, suggesting competitive mid-term performance but weaker long-term consistency. The sharp 1Y underperformance (5.41% vs 9.6%) is a notable concern relative to peers. Overall, the fund sits in the middle of the pack, with mixed results across time horizons.
This fund suits investors seeking Section 80C tax deduction who can commit to the mandatory 3-year lock-in and ideally hold for 5-7 years given the long drawdown recovery periods observed. It is appropriate for investors with moderate-to-high risk tolerance, as evidenced by multiple 10%+ drawdown events and calendar year swings from -9.3% to 27.23%. Those prioritizing consistent long-term category outperformance may want to compare against peers with stronger 5Y and 7Y records.
- 3Y SIP XIRR of 15.23% exceeds the category average of 14.57%, showing competitive mid-term performance
- Consistent double-digit XIRR across 3Y, 5Y, and 7Y horizons (15.23%, 15.12%, 13.96%)
- Strong calendar year returns in 2023 (27.23%) and 2021 (23.31%) demonstrate upside capture capability
- 1Y SIP XIRR of 5.41% significantly trails the category average of 9.6%, and 2026 calendar year return is -9.3%
- Long-term underperformance versus category, with 5Y XIRR of 15.12% vs 16.78% and 7Y XIRR of 13.96% vs 15.85%
- Extended drawdown profile, including a maximum drawdown duration of 784 days and 4 drawdown events exceeding 10%
Generated on 24-10-2026, 3:19 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.54 L | 13.0% | -53.4% | 74.1% |
| 3 Years | ₹36.00 L | ₹44.77 L | 15.7% | -3.3% | 30.8% |
| 5 Years | ₹60.00 L | ₹85.37 L | 15.1% | 5.1% | 25.5% |
| 7 Years | ₹84.00 L | ₹1.39 Cr | 14.0% | 8.8% | 19.2% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | Category avg |
|---|---|---|
| 1 Year | 13.0% | 9.6% |
| 3 Years | 15.7% | 14.6% |
| 5 Years | 15.1% | 16.8% |
| 7 Years | 14.0% | 15.8% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 12.4% | 7.0% | -28.2% | 76.5% | 0.32 | 0.81 | 74% | — | — |
| 3 Years | 14.9% | 15.3% | 1.9% | 26.8% | 2.04 | 24.99 | 100% | — | — |
| 5 Years | 14.5% | 15.0% | 6.4% | 24.1% | 1.85 | 1396.89 | 100% | — | — |