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

Q: How often is Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) portfolio data updated?

Portfolio holdings for Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

ELSS Data as of Apr 2026 Comparing Mar 2026 → Apr 2026

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Stocks Held

Apr 2026

Equity Holdings

₹49.28 Cr

Equity only, excl. debt & cash

Top 5 Weight

25.1%

Moderate

Top 10 Weight

37.6%

Diversified

Changes

10 new · 5 exits

Top Sector

Banks

26.3% of portfolio

📋 What Happened This Month Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) made 10 new additions and exited 5 stocks this month. The biggest new buy was Cipla Limited (Pharmaceuticals & Biotechnology) at 2.44% weight. Navin Fluorine International Limited was the biggest exit (Chemicals & Petrochemicals), which was held at 1.01%. Among existing holdings, Ashok Leyland Limited saw the biggest increase — now at 2.23% of the portfolio. Vedanta Limited was trimmed the most, now at 0.52%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 26.3%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

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

-3.41%

-2.73%

-8.62%

-5.75%

Latest NAV

₹20.99

04 Jun 2026

52W High

₹23.91

-12% from High

52W Low

₹19.23

+9% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+0.7%

2024

+20.2%

2023

+27.5%

2022

+4.6%

2021

+23.6%

2020

+11.8%

2019

+9.5%

2018

-6.3%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

13.8%

+ve in 79% windows

73.8% / -25.9%

3Y Rolling Avg

15.6% p.a.

+ve in 100% windows

28.2% / 3.4%

5Y Rolling Avg

15.5% p.a.

+ve in 100% windows

24.9% / 6.0%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-19.9%

Rec: not yet

COVID-19 Crash

-33.6%

Rec: Nov 2020 (11 mo)

2022 Rate Hike

-15.5%

Rec: Sep 2022 (4 mo)

2018 IL&FS

-15.1%

Rec: Oct 2019 (1yr 6mo)

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

0.43

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.59

Penalises downside volatility only.

Std Deviation (3Y)

14.1%

Lower = more consistent returns.

NAV Chart ₹20.99 04 Jun 2026

Simple Moving Avg: Click to draw · click again to remove

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

Chart shows indexed performance (base = 100). Actual NAV: ₹20.99

Sector Shift Industry allocation month-over-month

Feb 2026 → Mar 2026

Sector	Prev	Curr ▼	Delta
Banks	28.5%	26.4%	▼ -2.1%
Petroleum Products	6.0%	6.6%	▲ +0.6%
Automobiles	7.1%	6.2%	▼ -0.9%
IT - Software	4.6%	5.8%	▲ +1.2%
Retailing	4.5%	4.3%	▼ -0.2%
Telecom - Services	3.2%	3.4%	▲ +0.2%
Pharmaceuticals & Biotechnology	3.3%	3.4%	● +0.1%
Construction	3.4%	3.1%	▼ -0.2%
Diversified FMCG	2.8%	2.8%	● 0.0%
Ferrous Metals	2.7%	2.8%	▲ +0.1%

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	26.4%	26.3%	● -0.1%
Pharmaceuticals & Biotechnology	3.4%	7.1%	▲ +3.7%
Automobiles	6.2%	7.0%	▲ +0.8%
Petroleum Products	6.6%	5.8%	▼ -0.8%
IT - Software	5.8%	5.2%	▼ -0.7%
Retailing	4.3%	3.8%	▼ -0.5%
Finance	2.8%	3.8%	▲ +1.0%
Telecom - Services	3.4%	3.3%	▼ -0.1%
Construction	3.1%	3.3%	▲ +0.2%
Ferrous Metals	2.8%	2.8%	● +0.1%

🟢

Biggest New Buy

Cipla Limited

2.44% weight · Pharmaceuticals & Biotechnology

🔴

Biggest Exit

Navin Fluorine International Limited

1.01% was held · Chemicals & Petrochemicals

↑

Biggest Add

Ashok Leyland Limited

+0.96% · now 2.23%

↓

Biggest Trim

Vedanta Limited

-0.84% · now 0.52%

🤝 Other funds also bought this month

Talwandi Sabo Power Limited 183 funds

Vedanta Aluminium Metal Limited 183 funds

Vedanta Iron And Steel Limited 183 funds

Malco Energy Limited 176 funds

IndusInd Bank Limited 44 funds

Cipla Limited 40 funds

👋 Other funds also exited

Lupin Limited 28 funds

United Spirits Limited 17 funds

Navin Fluorine International Limited 15 funds

Hindustan Petroleum Corporation Limited 12 funds

Prestige Estates Projects Limited 12 funds

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🟢 10 New Entries 🔴 5 Exits ↑ 20 Increased ↓ 35 Decreased

#	Stock	Sector	Weight (Apr 2026)
1	Cipla Limited ₹1.21 Cr	Pharmaceuticals & Biotechnology	2.44%
2	Dr. Reddy's Laboratories Limited ₹97.03 L	Pharmaceuticals & Biotechnology	1.95%
3	IndusInd Bank Limited ₹76.40 L	Banks	1.53%
4	Power Finance Corporation Limited ₹53.66 L	Finance	1.08%
5	Hero MotoCorp Limited ₹48.80 L	Automobiles	0.98%
6	Aurobindo Pharma Limited ₹32.75 L	Pharmaceuticals & Biotechnology	0.66%
7	Vedanta Iron And Steel Limited ₹11.52 L	Metals & Minerals Trading	0.23%
8	Talwandi Sabo Power Limited ₹11.52 L	Power	0.23%
9	Malco Energy Limited ₹11.52 L	Power	0.23%
10	Vedanta Aluminium Metal Limited ₹11.52 L	Metals & Minerals Trading	0.23%

#	Stock	Sector	Last Weight (Mar 2026)
1	Navin Fluorine International Limited ₹46.28 L	Chemicals & Petrochemicals	1.01%
2	Lupin Limited ₹45.24 L	Pharmaceuticals & Biotechnology	0.99%
3	Prestige Estates Projects Limited ₹37.30 L	Realty	0.82%
4	United Spirits Limited ₹35.69 L	Beverages	0.78%
5	Hindustan Petroleum Corporation Limited ₹29.69 L	Petroleum Products	0.65%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Ashok Leyland Limited ₹1.11 Cr	Agricultural, Commercial & Construction Vehicles	1.27%	2.23%	+0.96%
2	IDFC First Bank Limited ₹49.14 L	Banks	0.77%	0.99%	+0.22%
3	Multi Commodity Exchange of India Limited ₹76.01 L	Capital Markets	1.34%	1.53%	+0.19%
4	APL Apollo Tubes Limited ₹33.87 L	Industrial Products	0.50%	0.68%	+0.18%
5	Larsen & Toubro Limited ₹1.63 Cr	Construction	3.12%	3.28%	+0.16%
6	AU Small Finance Bank Limited ₹77.63 L	Banks	1.41%	1.56%	+0.15%
7	Godrej Properties Limited ₹52.39 L	Realty	0.92%	1.05%	+0.13%
8	Fortis Healthcare Limited ₹55.02 L	Healthcare Services	1.04%	1.11%	+0.07%
9	PB Fintech Limited ₹53.93 L	Financial Technology (Fintech)	1.01%	1.08%	+0.07%
10	The Phoenix Mills Limited ₹42.73 L	Realty	0.80%	0.86%	+0.06%
11	Bharat Forge Limited ₹69.07 L	Auto Components	1.35%	1.39%	+0.04%
12	JSW Steel Limited ₹60.24 L	Ferrous Metals	1.17%	1.21%	+0.04%
13	UPL Limited ₹44.12 L	Fertilizers & Agrochemicals	0.85%	0.89%	+0.04%
14	The Federal Bank Limited ₹1.01 Cr	Banks	1.99%	2.02%	+0.03%
15	The Indian Hotels Company Limited ₹59.09 L	Leisure Services	1.16%	1.19%	+0.03%
16	Suzlon Energy Limited ₹7.56 L	Electrical Equipment	0.12%	0.15%	+0.03%
17	State Bank of India ₹1.66 Cr	Banks	3.33%	3.34%	+0.01%
18	Tata Steel Limited ₹80.83 L	Ferrous Metals	1.61%	1.62%	+0.01%
19	Hindustan Unilever Limited ₹60.73 L	Diversified FMCG	1.21%	1.22%	+0.01%
20	Tata Motors Passenger Vehicles Limited ₹12.13 L	Automobiles	0.23%	0.24%	+0.01%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Vedanta Limited ₹25.85 L	Diversified Metals	1.36%	0.52%	-0.84%
2	Bank of Maharashtra ₹9.89 L	Banks	0.97%	0.20%	-0.77%
3	Axis Bank Limited ₹96.21 L	Banks	2.45%	1.93%	-0.52%
4	HDFC Bank Limited ₹3.49 Cr	Banks	7.50%	7.02%	-0.48%
5	Infosys Limited ₹1.16 Cr	IT - Software	2.70%	2.34%	-0.36%
6	Laurus Labs Limited ₹47.11 L	Pharmaceuticals & Biotechnology	1.22%	0.95%	-0.27%
7	Bharat Heavy Electricals Limited ₹28.06 L	Electrical Equipment	0.80%	0.56%	-0.24%
8	InterGlobe Aviation Limited ₹57.08 L	Transport Services	1.38%	1.15%	-0.23%
9	ICICI Bank Limited ₹2.77 Cr	Banks	5.78%	5.56%	-0.22%
10	Eternal Limited ₹43.89 L	Retailing	1.08%	0.88%	-0.20%
11	National Aluminium Company Limited ₹50.93 L	Non - Ferrous Metals	1.21%	1.02%	-0.19%
12	FSN E-Commerce Ventures Limited ₹57.97 L	Retailing	1.33%	1.16%	-0.17%
13	HCL Technologies Limited ₹36.87 L	IT - Software	0.90%	0.74%	-0.16%
14	Reliance Industries Limited ₹2.90 Cr	Petroleum Products	5.96%	5.83%	-0.13%
15	Titan Company Limited ₹60.38 L	Consumer Durables	1.33%	1.21%	-0.12%
16	Persistent Systems Limited ₹50.83 L	IT - Software	1.13%	1.02%	-0.11%
17	Bharti Airtel Limited ₹1.66 Cr	Telecom - Services	3.44%	3.34%	-0.10%
18	Mahindra & Mahindra Limited ₹1.04 Cr	Automobiles	2.18%	2.10%	-0.08%
19	Max Healthcare Institute Limited ₹70.56 L	Healthcare Services	1.50%	1.42%	-0.08%
20	Sun Pharmaceutical Industries Limited ₹55.44 L	Pharmaceuticals & Biotechnology	1.18%	1.11%	-0.07%
21	Info Edge (India) Limited ₹41.77 L	Retailing	0.91%	0.84%	-0.07%
22	TVS Motor Company Limited ₹62.14 L	Automobiles	1.31%	1.25%	-0.06%
23	ICICI Lombard General Insurance Company Limited ₹48.98 L	Insurance	1.04%	0.98%	-0.06%
24	Swiggy Limited ₹45.37 L	Retailing	0.96%	0.91%	-0.05%
25	SRF Limited ₹43.55 L	Chemicals & Petrochemicals	0.92%	0.87%	-0.05%
26	Bajaj Finance Limited ₹73.35 L	Finance	1.51%	1.47%	-0.04%
27	Tata Consultancy Services Limited ₹52.13 L	IT - Software	1.09%	1.05%	-0.04%
28	One 97 Communications Limited ₹49.18 L	Financial Technology (Fintech)	1.03%	0.99%	-0.04%
29	Shriram Finance Limited ₹60.67 L	Finance	1.24%	1.22%	-0.02%
30	Max Financial Services Limited ₹49.54 L	Insurance	1.02%	1.00%	-0.02%
31	Kotak Mahindra Bank Limited ₹1.09 Cr	Banks	2.20%	2.19%	-0.01%
32	Maruti Suzuki India Limited ₹74.16 L	Automobiles	1.50%	1.49%	-0.01%
33	NTPC Limited ₹57.53 L	Power	1.17%	1.16%	-0.01%
34	UltraTech Cement Limited ₹52.83 L	Cement & Cement Products	1.07%	1.06%	-0.01%
35	Eicher Motors Limited ₹47.84 L	Automobiles	0.97%	0.96%	-0.01%

Full Portfolio

68 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹3.49 Cr	Banks	7.02%
2	Reliance Industries Limited ₹2.90 Cr	Petroleum Products	5.83%
3	ICICI Bank Limited ₹2.77 Cr	Banks	5.56%
4	Bharti Airtel Limited ₹1.66 Cr	Telecom - Services	3.34%
5	State Bank of India ₹1.66 Cr	Banks	3.34%
6	Larsen & Toubro Limited ₹1.63 Cr	Construction	3.28%
7	Cipla Limited ₹1.21 Cr	Pharmaceuticals & Biotechnology	2.44%
8	Infosys Limited ₹1.16 Cr	IT - Software	2.34%
9	Ashok Leyland Limited ₹1.11 Cr	Agricultural, Commercial & Construction Vehicles	2.23%
10	Kotak Mahindra Bank Limited ₹1.09 Cr	Banks	2.19%
11	Mahindra & Mahindra Limited ₹1.04 Cr	Automobiles	2.10%
12	The Federal Bank Limited ₹1.01 Cr	Banks	2.02%
13	Dr. Reddy's Laboratories Limited ₹97.03 L	Pharmaceuticals & Biotechnology	1.95%
14	Axis Bank Limited ₹96.21 L	Banks	1.93%
15	Tata Steel Limited ₹80.83 L	Ferrous Metals	1.62%
16	ITC Limited ₹79.29 L	Diversified FMCG	1.59%
17	AU Small Finance Bank Limited ₹77.63 L	Banks	1.56%
18	Hindalco Industries Limited ₹76.53 L	Non - Ferrous Metals	1.54%
19	IndusInd Bank Limited ₹76.40 L	Banks	1.53%
20	Multi Commodity Exchange of India Limited ₹76.01 L	Capital Markets	1.53%
21	Maruti Suzuki India Limited ₹74.16 L	Automobiles	1.49%
22	Bajaj Finance Limited ₹73.35 L	Finance	1.47%
23	Max Healthcare Institute Limited ₹70.56 L	Healthcare Services	1.42%
24	Bharat Forge Limited ₹69.07 L	Auto Components	1.39%
25	TVS Motor Company Limited ₹62.14 L	Automobiles	1.25%
26	Hindustan Unilever Limited ₹60.73 L	Diversified FMCG	1.22%
27	Shriram Finance Limited ₹60.67 L	Finance	1.22%
28	Titan Company Limited ₹60.38 L	Consumer Durables	1.21%
29	JSW Steel Limited ₹60.24 L	Ferrous Metals	1.21%
30	The Indian Hotels Company Limited ₹59.09 L	Leisure Services	1.19%
31	Grasim Industries Limited ₹58.24 L	Cement & Cement Products	1.17%
32	FSN E-Commerce Ventures Limited ₹57.97 L	Retailing	1.16%
33	NTPC Limited ₹57.53 L	Power	1.16%
34	InterGlobe Aviation Limited ₹57.08 L	Transport Services	1.15%
35	Sun Pharmaceutical Industries Limited ₹55.44 L	Pharmaceuticals & Biotechnology	1.11%
36	Fortis Healthcare Limited ₹55.02 L	Healthcare Services	1.11%
37	PB Fintech Limited ₹53.93 L	Financial Technology (Fintech)	1.08%
38	Power Finance Corporation Limited ₹53.66 L	Finance	1.08%
39	UltraTech Cement Limited ₹52.83 L	Cement & Cement Products	1.06%
40	Godrej Properties Limited ₹52.39 L	Realty	1.05%
41	Tata Consultancy Services Limited ₹52.13 L	IT - Software	1.05%
42	National Aluminium Company Limited ₹50.93 L	Non - Ferrous Metals	1.02%
43	Persistent Systems Limited ₹50.83 L	IT - Software	1.02%
44	Max Financial Services Limited ₹49.54 L	Insurance	1.00%
45	One 97 Communications Limited ₹49.18 L	Financial Technology (Fintech)	0.99%
46	IDFC First Bank Limited ₹49.14 L	Banks	0.99%
47	ICICI Lombard General Insurance Company Limited ₹48.98 L	Insurance	0.98%
48	Hero MotoCorp Limited ₹48.80 L	Automobiles	0.98%
49	Eicher Motors Limited ₹47.84 L	Automobiles	0.96%
50	Laurus Labs Limited ₹47.11 L	Pharmaceuticals & Biotechnology	0.95%
51	Swiggy Limited ₹45.37 L	Retailing	0.91%
52	UPL Limited ₹44.12 L	Fertilizers & Agrochemicals	0.89%
53	Eternal Limited ₹43.89 L	Retailing	0.88%
54	SRF Limited ₹43.55 L	Chemicals & Petrochemicals	0.87%
55	The Phoenix Mills Limited ₹42.73 L	Realty	0.86%
56	Info Edge (India) Limited ₹41.77 L	Retailing	0.84%
57	HCL Technologies Limited ₹36.87 L	IT - Software	0.74%
58	APL Apollo Tubes Limited ₹33.87 L	Industrial Products	0.68%
59	Aurobindo Pharma Limited ₹32.75 L	Pharmaceuticals & Biotechnology	0.66%
60	Bharat Heavy Electricals Limited ₹28.06 L	Electrical Equipment	0.56%
61	Vedanta Limited ₹25.85 L	Diversified Metals	0.52%
62	Tata Motors Passenger Vehicles Limited ₹12.13 L	Automobiles	0.24%
63	Vedanta Iron And Steel Limited ₹11.52 L	Metals & Minerals Trading	0.23%
64	Talwandi Sabo Power Limited ₹11.52 L	Power	0.23%
65	Malco Energy Limited ₹11.52 L	Power	0.23%
66	Vedanta Aluminium Metal Limited ₹11.52 L	Metals & Minerals Trading	0.23%
67	Bank of Maharashtra ₹9.89 L	Banks	0.20%
68	Suzlon Energy Limited ₹7.56 L	Electrical Equipment	0.15%