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ELSS (tax saving) · Groww Mutual Fund · AMFI code 141807Groww ELSS Tax Saver Fund
Disclosed for 42 months, Mar 2023 to Aug 2026.
Portfolio value
₹38.6 Cr
up ₹44 L vs Jun 2023
- Stocks held
- 43
- unchanged
- Top 10 weight
- 44.0%
- of the portfolio in its ten largest
- Cash & debt
- 6.6%
- cash, money market and debt
- Moves this month
- 9 in · 9 out
- added to 10, trimmed 16
Groww ELSS Tax Saver Fund is an active equity fund in the ELSS (tax saving) category from Groww Mutual Fund. In July 2023 it disclosed 43 stocks worth ₹38.6 Cr, up ₹44 L from Jun 2023. Its largest positions were ICICI Bank Limited (8.4%), HDFC Bank Limited (7.9%), Larsen & Toubro Limited (5.4%); the ten largest together made up 44.0% of the portfolio, and Banks was the biggest sector at 26.7% of its equity. Cash and debt stood at 6.6%. Compared with Jun 2023 the fund entered 9 new stocks and exited 9.
Against 46 other ELSS (tax saving) funds
Concentration
59%
Top-10 weight is higher than 59% of peers
Breadth
39%
Holds more stocks than 39% of peers
Cash
96%
Holds more cash than 96% of peers
Holdings in July 2023
Download CSVEvery line the fund disclosed, with the change against Jun 2023. Click a column to sort; click a company to see every fund that owns it.
- Weight
- 8.38%
- Δ weight
- down 0.56 pts
- Value
- ₹3.2 Cr
- Δ value
- down ₹18 L
- Status
- Trimmed
- Weight
- 7.94%
- Δ weight
- up 1.60 pts
- Value
- ₹3.1 Cr
- Δ value
- up ₹64 L
- Status
- Added
- Cash, TREPS & receivables
- Weight
- 6.56%
- Δ weight
- up 5.50 pts
- Value
- ₹2.5 Cr
- Δ value
- up ₹2.1 Cr
- Status
- Added
- Weight
- 5.43%
- Δ weight
- up 0.36 pts
- Value
- ₹2.1 Cr
- Δ value
- up ₹16 L
- Status
- Added
- Weight
- 4.08%
- Δ weight
- up 0.03 pts
- Value
- ₹1.6 Cr
- Δ value
- up ₹3 L
- Status
- Added
- Weight
- 3.28%
- Δ weight
- up 0.21 pts
- Value
- ₹1.3 Cr
- Δ value
- up ₹10 L
- Status
- Added
- Weight
- 3.13%
- Δ weight
- up 0.12 pts
- Value
- ₹1.2 Cr
- Δ value
- up ₹6 L
- Status
- Added
- Weight
- 2.97%
- Δ weight
- down 1.02 pts
- Value
- ₹1.1 Cr
- Δ value
- down ₹38 L
- Status
- Trimmed
- Weight
- 2.97%
- Δ weight
- down 1.09 pts
- Value
- ₹1.1 Cr
- Δ value
- down ₹40 L
- Status
- Trimmed
- Weight
- 2.94%
- Δ weight
- down 1.46 pts
- Value
- ₹1.1 Cr
- Δ value
- down ₹55 L
- Status
- Trimmed
- Weight
- 2.92%
- Δ weight
- down 1.12 pts
- Value
- ₹1.1 Cr
- Δ value
- down ₹41 L
- Status
- Trimmed
- Weight
- 2.80%
- Δ weight
- up 2.80 pts
- Value
- ₹1.1 Cr
- Δ value
- up ₹1.1 Cr
- Status
- New
- Weight
- 2.70%
- Δ weight
- up 0.00 pts
- Value
- ₹1 Cr
- Δ value
- up ₹1 L
- Status
- Added
- Weight
- 2.24%
- Δ weight
- up 2.24 pts
- Value
- ₹86 L
- Δ value
- up ₹86 L
- Status
- New
- Weight
- 2.23%
- Δ weight
- up 2.23 pts
- Value
- ₹86 L
- Δ value
- up ₹86 L
- Status
- New
- Weight
- 2.09%
- Δ weight
- down 0.04 pts
- Value
- ₹80 L
- Δ value
- down ₹1 L
- Status
- Trimmed
- Weight
- 2.09%
- Δ weight
- up 2.09 pts
- Value
- ₹80 L
- Δ value
- up ₹80 L
- Status
- New
- Weight
- 2.04%
- Δ weight
- up 0.01 pts
- Value
- ₹79 L
- Δ value
- up ₹1 L
- Status
- Added
- Weight
- 2.00%
- Δ weight
- up 2.00 pts
- Value
- ₹77 L
- Δ value
- up ₹77 L
- Status
- New
- Weight
- 2.00%
- Δ weight
- down 3.08 pts
- Value
- ₹77 L
- Δ value
- down ₹1.2 Cr
- Status
- Trimmed
- Weight
- 1.90%
- Δ weight
- up 0.31 pts
- Value
- ₹73 L
- Δ value
- up ₹13 L
- Status
- Added
- Weight
- 1.75%
- Δ weight
- down 0.05 pts
- Value
- ₹68 L
- Δ value
- down ₹1 L
- Status
- Trimmed
- Weight
- 1.67%
- Δ weight
- up 0.12 pts
- Value
- ₹64 L
- Δ value
- up ₹5 L
- Status
- Added
- Weight
- 1.62%
- Δ weight
- down 0.10 pts
- Value
- ₹62 L
- Δ value
- down ₹3 L
- Status
- Trimmed
- Weight
- 1.57%
- Δ weight
- up 1.57 pts
- Value
- ₹61 L
- Δ value
- up ₹61 L
- Status
- New
- Weight
- 1.51%
- Δ weight
- up 0.10 pts
- Value
- ₹58 L
- Δ value
- up ₹5 L
- Status
- Added
- Weight
- 1.49%
- Δ weight
- down 0.04 pts
- Value
- ₹58 L
- Δ value
- down ₹1 L
- Status
- Trimmed
- Weight
- 1.49%
- Δ weight
- down 0.82 pts
- Value
- ₹57 L
- Δ value
- down ₹31 L
- Status
- Trimmed
- Weight
- 1.49%
- Δ weight
- down 0.04 pts
- Value
- ₹57 L
- Δ value
- down ₹1 L
- Status
- Trimmed
- Weight
- 1.48%
- Δ weight
- up 1.48 pts
- Value
- ₹57 L
- Δ value
- up ₹57 L
- Status
- New
- Weight
- 1.19%
- Δ weight
- up 0.18 pts
- Value
- ₹46 L
- Δ value
- up ₹7 L
- Status
- Added
- Weight
- 1.09%
- Δ weight
- up 0.05 pts
- Value
- ₹42 L
- Δ value
- up ₹2 L
- Status
- Added
- Weight
- 1.08%
- Δ weight
- up 0.09 pts
- Value
- ₹42 L
- Δ value
- up ₹4 L
- Status
- Added
- Weight
- 1.07%
- Δ weight
- up 0.03 pts
- Value
- ₹41 L
- Δ value
- up ₹2 L
- Status
- Added
- Weight
- 1.07%
- Δ weight
- up 0.05 pts
- Value
- ₹41 L
- Δ value
- up ₹2 L
- Status
- Added
- Weight
- 1.01%
- Δ weight
- up 0.50 pts
- Value
- ₹39 L
- Δ value
- up ₹19 L
- Status
- Added
- Weight
- 0.99%
- Δ weight
- down 0.01 pts
- Value
- ₹38 L
- Δ value
- up ₹0 L
- Status
- Held
- Weight
- 0.99%
- Δ weight
- down 0.03 pts
- Value
- ₹38 L
- Δ value
- down ₹1 L
- Status
- Trimmed
- Weight
- 0.97%
- Δ weight
- down 2.05 pts
- Value
- ₹37 L
- Δ value
- down ₹78 L
- Status
- Trimmed
- Weight
- 0.95%
- Δ weight
- down 0.05 pts
- Value
- ₹37 L
- Δ value
- down ₹2 L
- Status
- Trimmed
- Weight
- 0.92%
- Δ weight
- up 0.92 pts
- Value
- ₹36 L
- Δ value
- up ₹36 L
- Status
- New
- Weight
- 0.91%
- Δ weight
- up 0.19 pts
- Value
- ₹35 L
- Δ value
- up ₹8 L
- Status
- Added
- Weight
- 0.68%
- Δ weight
- down 0.13 pts
- Value
- ₹26 L
- Δ value
- down ₹5 L
- Status
- Trimmed
- Weight
- 0.33%
- Δ weight
- up 0.33 pts
- Value
- ₹13 L
- Δ value
- up ₹13 L
- Status
- New
What changed, Jun 2023 to Jul 2023
New New positions (9)
- MphasiS Limited2.8% · ₹1.1 Cr
- CreditAccess Grameen Limited2.2% · ₹86 L
- Ujjivan Financial Services Limited2.2% · ₹86 L
- Samvardhana Motherson International Limited2.1% · ₹80 L
- Coforge Limited2.0% · ₹77 L
- Bharat Dynamics Limited1.6% · ₹61 L
- IndusInd Bank Limited1.5% · ₹57 L
- KEI Industries Limited0.9% · ₹36 L
- Jio Financial Services Limited0.3% · ₹13 L
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Jun 2023, the weight rose most in Finance (+3.7 pts) and Banks (+2.7 pts), and fell most in Petroleum Products (−3.0 pts) and Diversified FMCG (−2.5 pts).
- Finance10.1% → 13.8%+3.7 pts
- Banks24.0% → 26.7%+2.7 pts
- Auto Components0.7% → 3.2%+2.5 pts
- Aerospace & Defense1.1% → 2.8%+1.8 pts
- Industrial Products2.7% → 3.9%+1.2 pts
- Construction5.1% → 5.8%+0.7 pts
- Petroleum Products5.1% → 2.1%−3.0 pts
- Diversified FMCG5.6% → 3.1%−2.5 pts
- IT - Software9.5% → 7.5%−2.0 pts
- Automobiles9.6% → 8.4%−1.2 pts
- Consumer Durables4.0% → 2.9%−1.0 pts
- Power1.0% → 0.0%exited−1.0 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Apr 2023 | Jun 2023 | Jul 2023 |
|---|---|---|---|
| Banks | 32.5% | 24.0% | 26.7% |
| Finance | 6.2% | 10.1% | 13.8% |
| Automobiles | 7.2% | 9.6% | 8.4% |
| IT - Software | 8.2% | 9.5% | 7.5% |
| Construction | 4.8% | 5.1% | 5.8% |
| Cement & Cement Products | 4.0% | 6.4% | 5.5% |
| Industrial Products | 2.0% | 2.7% | 3.9% |
| Food Products | 1.4% | 3.3% | 3.3% |
| Auto Components | — | 0.7% | 3.2% |
| Telecom - Services | 5.2% | 4.0% | 3.2% |
Allocation in Jul 2023change vs Jun 2023
- Banks (6)26.7%▲ 2.7 pts
- Finance (6)13.8%▲ 3.7 pts
- Automobiles (4)8.4%▼ 1.2 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal.
Cash & debt, Jul 2023
6.6%
▲ 5.5 pts vs Jun 2023
- Cash alone
- 6.6%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 1.1% – 8.6%
- lowest to highest · record 8.6% in Mar 2023
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.