NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹19.10
-6.23%
NAV as on 17 Jan 25, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 17 Jan 25, 12:00 AM
very high risk
elss (tax savings)
elss
19.12%p.a.
Last 1Y
15.82%p.a.
Last 3Y
14.95%p.a.
Last 5Y
10.92%p.a.
Since Inception
About Groww ELSS Tax Saver Payout Inc Dist cum Cap Wdrl for NRIs
NRIs can achieve long-term capital appreciation by investing in the Groww ELSS Tax Saver Payout Inc Dist cum Cap Wdrl scheme from Groww Asset Management Ltd.. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Dec 2017, Groww ELSS Tax Saver Payout Inc Dist cum Cap Wdrl is ELSS (Tax Savings) fund of its category with 50.04 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.
- Groww ELSS Tax Saver Payout Inc Dist cum Cap Wdrl delivered 19.1% annual returns during the last year. It has delivered 10.9% average annual returns since the fund was launched.
- Groww ELSS Tax Saver Payout Inc Dist cum Cap Wdrl scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in elss
Fund 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. However, there can be no assurance that the investment objective of the scheme will be achieved. The Scheme does not assure or guarantee any returns.
Top 10 Holdings
ICICI Bank Ltd
7.01%
Larsen & Toubro Ltd
5.18%
State Bank of India
4.92%
National Aluminium Co Ltd
3.45%
HCL Technologies Ltd
3.22%
Persistent Systems Ltd
3.13%
Axis Bank Ltd
2.90%
Craftsman Automation Ltd
2.80%
KEI Industries Ltd
2.54%
Multi Commodity Exchange of India Ltd
2.40%
Fund Managers
- Anupam Tiwari (May 2023 - Present)
Key Information
View Scheme Document
Groww ELSS Tax Saver Payout Inc Dist cum Cap Wdrl SIP Calculator
If invested
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For a period of
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This Fund
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Fixed Deposit
NRI Mutual Fund Tax on Groww ELSS Tax Saver Payout Inc Dist cum Cap Wdrl
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Groww ELSS Tax Saver Payout Inc Dist cum Cap Wdrl?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Groww ELSS Tax Saver Payout Inc Dist cum Cap Wdrl
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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