Groww ELSS Tax Saver Fund
Groww Mutual Fund·ELSS - Tax Saver Fund·vs Nifty 500 TRI
The manager is maintaining a quality-focused core positioned around financial services and large-cap stability, with banking stocks commanding over a fifth of the portfolio. The recent rotation—adding pharmaceutical and selective midcap exposure while trimming niche positions—suggests tactical rebalancing toward more liquid, defensively-tilted holdings rather than a major conviction shift. At 37.6% in the top ten, concentration remains moderate for an ELSS mandate, leaving room for diversification across 69 holdings.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹21.0300 | — | — | — | — | — | — |
| Regular Growth | ₹18.3100 | -0.70% | -7.10% | -8.86% | -3.99% | +10.31% | +10.10% |
| Direct IDCW | ₹20.9900 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
68
Top 5 Weight
25.09%
Top 10 Weight
37.56%
Active Share
—
Large Cap
67.65%
Gini
0.371
What Changed2026-03-31 → 2026-04-30
Holdings: 64 → 69+10 added−5 removed24 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Cipla Limited | 2.44% |
| Dr. Reddy's Laboratories Limited | 1.95% |
| IndusInd Bank Limited | 1.53% |
| Power Finance Corporation Limited | 1.08% |
| Hero MotoCorp Limited | 0.98% |
| Aurobindo Pharma Limited | 0.66% |
| Vedanta Iron and Steel Limited | 0.23% |
| Talwandi Sabo Power Limited | 0.23% |
| Malco Energy Limited | 0.23% |
| Vedanta Aluminium Metal Limited | 0.23% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Limited INE040A01034 | 7.02% |
| 2 | Reliance Industries Limited INE002A01018 | 5.83% |
| 3 | ICICI Bank Limited INE090A01021 | 5.56% |
| 4 | Bharti Airtel Limited INE397D01024 | 3.34% |
| 5 | State Bank of India INE062A01020 | 3.34% |
| 6 | Larsen & Toubro Limited INE018A01030 | 3.28% |
| 7 | Cipla Limited INE059A01026 | 2.44% |
| 8 | Infosys Limited INE009A01021 | 2.34% |
| 9 | Ashok Leyland Limited INE208A01029 | 2.23% |
| 10 | Kotak Mahindra Bank Limited INE237A01036 | 2.19% |
| 11 | Mahindra & Mahindra Limited INE101A01026 | 2.10% |
| 12 | The Federal Bank Limited INE171A01029 | 2.02% |
| 13 | Dr. Reddy's Laboratories Limited INE089A01031 | 1.95% |
| 14 | Axis Bank Limited INE238A01034 | 1.93% |
| 15 | Tata Steel Limited INE081A01020 | 1.62% |
| 16 | ITC Limited INE154A01025 | 1.59% |
| 17 | AU Small Finance Bank Limited INE949L01017 | 1.56% |
| 18 | Hindalco Industries Limited INE038A01020 | 1.54% |
| 19 | IndusInd Bank Limited INE095A01012 | 1.53% |
| 20 | Multi Commodity Exchange of India Ltd. INE745G01043 | 1.53% |
Sector Allocation