Groww Aggressive Hybrid Fund vs Groww ELSS Tax Saver Fund
Direct Plan, Growth option · Data as on 30-10-2026
Groww Aggressive Hybrid Fund is an Aggressive Hybrid fund and Groww ELSS Tax Saver Fund is an ELSS fund. In the 3 years to 30-10-2026, Groww Aggressive Hybrid Fund (Direct) returned 8.8% a year and Groww ELSS Tax Saver Fund (Direct) returned 9.0% a year. Groww Aggressive Hybrid Fund charges 2.10% a year and Groww ELSS Tax Saver Fund 1.52% (Direct plans). Their portfolios overlap 56.4%: they hold 61 of the same securities.
Groww Aggressive Hybrid Fund
Aggressive Hybrid
- 3 year return
- 8.8%
- Expense ratio
- 2.10%
- NAV
- ₹22.50
Groww ELSS Tax Saver Fund
ELSS
- 3 year return
- 9.0%
- Expense ratio
- 1.52%
- NAV
- ₹20.99
Which is better, Groww Aggressive Hybrid or Groww ELSS Tax Saver? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Groww ELSS Tax Saver returned more over 5 years: 7.7% a year against 7.2%.
- Groww ELSS Tax Saver returned more over 3 years: 9.0% a year against 8.8%.
- Groww ELSS Tax Saver costs less: 1.52% a year against 2.10% (Direct plans).
- Groww Aggressive Hybrid swung less over 3 years: a standard deviation of 10.5% a year against 14.3%.
- Groww Aggressive Hybrid fell less in its worst fall since 14-12-2018: −28.2% against −34.0%.
- Groww ELSS Tax Saver holds more in large companies: 73.0% of the fund in large caps against 43.1%.
- Groww Aggressive Hybrid is the larger fund: ₹51 Cr against ₹48 Cr.
- Their portfolios overlap 56.4%: 61 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Groww Aggressive Hybrid Fund | Groww ELSS Tax Saver Fund |
|---|---|---|
| Fund house | Groww Mutual Fund | Groww Mutual Fund |
| Category | Aggressive Hybrid | ELSS |
| AUM | ₹51 Cr (30-09-2026) | ₹48 Cr (30-09-2026) |
| NAV | ₹22.50 (Direct) | ₹20.99 (Direct) |
| Expense ratio (Direct) | 2.10% | 1.52% |
| Expense ratio (Regular) | 2.86% | 2.92% |
| Riskometer | Very High | Very High |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index | BSE 500 TRI |
| Launch date | 13-12-2018 | 28-12-2017 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | 3 years |
| Fund managers | Paras Matalia, Nikhil Satam, Kaustubh Sule, Wilfred Gonsalves | Paras Matalia, Nikhil Satam |
| Exit load | 1% if redeemed/ switched outwithin 7 Days from the date ofallotment, Nil - if redeemed/ switched out after 7 Days from the date of allotment | Nil |
Groww Aggressive Hybrid vs Groww ELSS Tax Saver: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Groww Aggressive Hybrid Fund (Direct) | +0.12% | −3.63% | −1.05% | −5.46% | +8.76% | +7.22% | -- |
| Groww ELSS Tax Saver Fund (Direct) | +0.77% | −4.29% | −1.55% | −9.41% | +9.02% | +7.69% | -- |
| Aggressive Hybrid average | −0.88% | −3.67% | −0.27% | −3.33% | +10.77% | +9.35% | -- |
| ELSS average | −2.34% | −5.61% | −1.63% | −5.75% | +10.92% | +10.29% | -- |
Category average: the average of the 29 Aggressive Hybrid funds and the 50 ELSS funds, same plan type.
Groww Aggressive Hybrid vs Groww ELSS Tax Saver: Year-wise Returns
| Year | Aggressive HybridGroww Aggressive Hybrid | ELSS Tax SaverGroww ELSS Tax Saver |
|---|---|---|
| 2026to date | −5.65% | −8.58% |
| 2025 | +6.46% | +0.70% |
| 2024 | +13.64% | +20.19% |
| 2023 | +19.86% | +27.49% |
| 2022 | +5.74% | +4.57% |
| 2021 | +20.12% | +23.63% |
Groww Aggressive Hybrid vs Groww ELSS Tax Saver: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of Groww ELSS Tax Saver Fund
Rolling returns
Every 3-year holding period, 1,202 of them, one for each trading day from 14-12-2021 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Groww Aggressive Hybrid Fund (Direct)
Groww ELSS Tax Saver Fund (Direct)
BSE 500 TRI
to
May 2022Mar 2020
to
Mar 2023Jan 2021
to
Jan 2024Oct 2021
to
Oct 2024Aug 2022
to
Aug 2025Jun 2023
to
Jun 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Groww Aggressive Hybrid | 0.0 | 0.0 | 6.2 | 58.6 | 31.4 | 3.9 | 0.0 | 14.1% | 13.8% | 7.6% | 24.2% | 0% |
| Groww ELSS Tax Saver | 0.0 | 0.0 | 4.6 | 37.0 | 47.7 | 10.3 | 0.4 | 15.8% | 15.9% | 7.2% | 26.7% | 13% |
| BSE 500 TRI | 0.0 | 0.0 | 2.0 | 20.2 | 50.7 | 19.7 | 7.3 | 18.0% | 17.7% | 8.4% | 33.9% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 14-12-2018. Past returns do not promise future returns.
Groww Aggressive Hybrid vs Groww ELSS Tax Saver: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 14-12-2018 to 30-10-2026: 95 instalments, ₹9,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Groww Aggressive HybridGroww Aggressive Hybrid Fund (Direct) | ₹9,50,000 | ₹13,96,926 | ₹4,46,926 | 9.5% |
| Groww ELSS Tax SaverGroww ELSS Tax Saver Fund (Direct) | ₹9,50,000 | ₹14,22,871 | ₹4,72,871 | 10.0% |
Groww Aggressive HybridGroww Aggressive Hybrid Fund (Direct)
Groww ELSS Tax SaverGroww ELSS Tax Saver Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Groww Aggressive Hybrid vs Groww ELSS Tax Saver: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Aggressive Hybrid Fund (Direct) | Groww ELSS Tax Saver Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.46% | −9.41% |
| Standard deviation | 10.64% | 14.31% |
| Sharpe ratio | -1.01 | -1.02 |
| Sortino ratio | -1.34 | -1.37 |
| Maximum drawdown | −11.2% (31-03-2026) | −15.3% (30-03-2026) |
| Beta | -- | 0.99 |
| Alpha | -- | −1.89% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Groww Aggressive Hybrid Fund (Direct) | Groww ELSS Tax Saver Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.76% | +9.02% |
| Standard deviation | 10.48% | 14.34% |
| Sharpe ratio | 0.26 | 0.21 |
| Sortino ratio | 0.36 | 0.28 |
| Maximum drawdown | −14.3% (28-02-2025) | −20.8% (07-04-2025) |
| Beta | -- | 0.98 |
| Alpha | -- | −0.79% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Groww Aggressive Hybrid Fund (Direct) | Groww ELSS Tax Saver Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.22% | +7.69% |
| Standard deviation | 10.66% | 13.96% |
| Sharpe ratio | 0.13 | 0.14 |
| Sortino ratio | 0.18 | 0.18 |
| Maximum drawdown | −14.3% (28-02-2025) | −20.8% (07-04-2025) |
| Beta | -- | 0.94 |
| Alpha | -- | −0.79% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Groww Aggressive Hybrid Fund (Direct) | Groww ELSS Tax Saver Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.82% | +8.71% |
| Standard deviation | 12.55% | 15.45% |
| Sharpe ratio | 0.45 | 0.22 |
| Sortino ratio | 0.60 | 0.29 |
| Maximum drawdown | −28.2% (23-03-2020) | −34.6% (23-03-2020) |
| Beta | -- | 0.90 |
| Alpha | -- | −1.85% |
From daily NAVs, 14-12-2018 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Groww Aggressive Hybrid Fund (Direct)
Groww ELSS Tax Saver Fund (Direct)
BSE 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Aggressive Hybrid Fund (Direct) | −28.2% | 19-02-2020 | 23-03-2020 | 05-11-2020 | 7 months | −6.5% |
| Groww ELSS Tax Saver Fund (Direct) | −34.0% | 17-01-2020 | 23-03-2020 | 10-11-2020 | 8 months | −13.5% |
| BSE 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −9.4% |
From daily values since 14-12-2018, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Groww Aggressive Hybrid Fund (Direct)
Groww ELSS Tax Saver Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Groww Aggressive Hybrid Fund (Direct)
Groww ELSS Tax Saver Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Groww Aggressive Hybrid Fund (Direct)
Groww ELSS Tax Saver Fund (Direct)
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Groww Aggressive Hybrid Fund (Direct) | 75% | 70% | 5.95% |
| Groww ELSS Tax Saver Fund (Direct) | 92% | 98% | 4.08% |
From month-end values since 14-12-2018. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Groww Aggressive Hybrid vs Groww ELSS Tax Saver: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Aggressive Hybrid Fund, September 2026; Groww ELSS Tax Saver Fund, September 2026
Holdings in common
- Overlap
- 56.4%
- Held by both
- 61
- Only in Groww Aggressive Hybrid
- 24
- Only in Groww ELSS Tax Saver
- 38
| Security | % of Groww Aggressive Hybrid | % of Groww ELSS Tax Saver |
|---|---|---|
| HDFC Bank Limited | 4.61% | 6.77% |
| ICICI Bank Limited | 3.89% | 5.98% |
| Reliance Industries Limited | 3.36% | 4.92% |
| Bharti Airtel Limited | 2.17% | 3.52% |
| Larsen & Toubro Limited | 1.76% | 2.72% |
| State Bank of India | 1.70% | 2.29% |
| Axis Bank Limited | 1.58% | 1.86% |
| Infosys Limited | 1.31% | 2.08% |
| Laurus Labs Limited | 1.25% | 1.63% |
| Multi Commodity Exchange of India Ltd. | 1.40% | 1.24% |
| Kotak Mahindra Bank Limited | 1.21% | 1.98% |
| Mahindra & Mahindra Limited | 1.08% | 1.75% |
| Bajaj Finance Limited | 1.07% | 1.78% |
| ITC Limited | 0.96% | 1.36% |
| The Indian Hotels Company Limited | 0.92% | 0.95% |
| Adani Port & Special Economic Zone Ltd | 0.91% | 1.22% |
| Eternal Limited | 0.90% | 1.41% |
| The Federal Bank Limited | 1.20% | 0.90% |
| Tata Consumer Products Limited | 0.85% | 0.88% |
| Titan Company Limited | 0.84% | 1.57% |
| Bharat Forge Limited | 0.83% | 0.96% |
| Tata Consultancy Services Limited | 0.76% | 1.28% |
| Sun Pharmaceutical Industries Limited | 0.74% | 1.30% |
| AU Small Finance Bank Limited | 0.90% | 0.73% |
| IndusInd Bank Limited | 0.91% | 0.72% |
| PERSISTENT SYSTEMS LTD | 0.70% | 0.74% |
| Hindustan Unilever Limited | 0.70% | 0.93% |
| Maruti Suzuki India Limited | 0.69% | 0.76% |
| Marico Limited | 0.68% | 0.77% |
| Tata Steel Limited | 0.68% | 0.91% |
| Hindalco Industries Limited | 0.68% | 0.68% |
| Navin Fluorine International Limited | 0.67% | 0.88% |
| Vedanta Limited | 0.64% | 0.80% |
| BSE Ltd | 0.64% | 1.24% |
| Hero MotoCorp Limited | 0.64% | 0.62% |
| JSW Steel Limited | 0.74% | 0.62% |
| FSN E-Commerce Ventures Limited | 0.61% | 1.05% |
| UltraTech Cement Limited | 0.61% | 1.06% |
| Coforge Limited | 0.73% | 0.61% |
| Grasim Industries Limited | 0.61% | 0.86% |
| Shriram Finance Limited | 0.60% | 1.23% |
| One 97 Communications Limited | 0.59% | 1.17% |
| Bharat Electronics Limited | 0.58% | 0.63% |
| Bajaj Auto Limited | 0.57% | 1.23% |
| NTPC Limited | 0.57% | 0.88% |
| The Phoenix Mills Limited | 0.56% | 0.65% |
| Ashok Leyland Limited | 0.55% | 0.79% |
| Radico Khaitan Limited | 0.62% | 0.54% |
| Eicher Motors Limited | 0.51% | 0.67% |
| Sona BLW Precision Forgings Limited | 0.60% | 0.49% |
| Adani Enterprises Limited | 0.54% | 0.49% |
| Fortis Healthcare Limited | 0.51% | 0.48% |
| Asian Paints Limited | 0.48% | 0.68% |
| HCL Technologies Limited | 0.45% | 0.55% |
| Indus Towers Limited | 0.67% | 0.45% |
| Nestle India Limited | 0.45% | 0.67% |
| Aurobindo Pharma Limited | 0.67% | 0.44% |
| Bajaj Finserv Limited | 0.44% | 0.43% |
| Suzlon Energy Limited | 0.65% | 0.41% |
| Power Grid Corporation of India Limited | 0.40% | 0.50% |
| Lupin Limited | 0.34% | 0.66% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 56.4% means 56.4% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Groww Aggressive Hybrid Fund
| Security | % of fund |
|---|---|
| Kotak Mahindra Bank Limited 18-DEC-2026 | 9.64% |
| Union Bank of India 15-MAR-2027 | 2.27% |
| Dixon Technologies (India) Limited | 0.92% |
| IDFC First Bank Limited | 0.76% |
| HDFC Asset Management Company Limited | 0.67% |
Largest holdings only in Groww ELSS Tax Saver Fund
| Security | % of fund |
|---|---|
| TVS Motor Company Limited | 1.03% |
| InterGlobe Aviation Limited | 1.03% |
| Divi's Laboratories Limited | 0.87% |
| Solar Industries India Limited | 0.69% |
| Adani Power Limited | 0.69% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Groww Aggressive Hybrid | Groww ELSS Tax Saver |
|---|---|---|
| Equity | 69.7% | 98.6% |
| Debt | 11.9% | 0.0% |
| Cash and others | 18.4% | 1.4% |
Market cap of stocks
| Market cap | Groww Aggressive Hybrid | Groww ELSS Tax Saver |
|---|---|---|
| Large Cap | 43.1% | 73.0% |
| Mid Cap | 25.3% | 18.6% |
| Small Cap | 1.3% | 7.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Groww Aggressive Hybrid | Groww ELSS Tax Saver |
|---|---|---|
| Banks | 18.4% | 21.2% |
| Pharmaceuticals & Biotechnology | 3.6% | 7.1% |
| IT - Software | 4.0% | 6.1% |
| Automobiles | 3.5% | 6.1% |
| Finance | 3.1% | 5.0% |
| Petroleum Products | 3.4% | 4.9% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Aggressive Hybrid vs Groww ELSS Tax Saver: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Aggressive Hybrid Fund | Groww ELSS Tax Saver Fund |
|---|---|---|
| Total expense ratio (Direct) | 2.10% | 1.52% |
| Base expense ratio (Direct) | 1.39% | 0.83% |
| Total expense ratio (Regular) | 2.86% | 2.92% |
| Base expense ratio (Regular) | 2.07% | 2.08% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Groww Aggressive Hybrid with
Groww Aggressive Hybrid Fund vs Groww ELSS Tax Saver Fund: Frequently Asked Questions
What is the difference between Groww Aggressive Hybrid Fund and Groww ELSS Tax Saver Fund?
Groww Aggressive Hybrid Fund is an Aggressive Hybrid fund, Groww ELSS Tax Saver Fund is an ELSS fund, run by Groww Mutual Fund. Their portfolios overlap 56.4%. Groww Aggressive Hybrid Fund charges 2.10% a year and Groww ELSS Tax Saver Fund 1.52%.
Which has given higher returns, Groww Aggressive Hybrid Fund or Groww ELSS Tax Saver Fund?
Over 1 year: Groww Aggressive Hybrid Fund −5.46%, Groww ELSS Tax Saver Fund −9.41%. Over 3 years: Groww Aggressive Hybrid Fund +8.76% a year, Groww ELSS Tax Saver Fund +9.02% a year. Over 5 years: Groww Aggressive Hybrid Fund +7.22% a year, Groww ELSS Tax Saver Fund +7.69% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Groww Aggressive Hybrid Fund or Groww ELSS Tax Saver Fund?
Groww ELSS Tax Saver Fund charges less: 1.52% a year against 2.10%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Groww Aggressive Hybrid Fund and Groww ELSS Tax Saver Fund overlap?
56.4%. They hold 61 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Groww Aggressive Hybrid Fund or Groww ELSS Tax Saver Fund?
On SEBI's riskometer, Groww Aggressive Hybrid Fund is rated Very High and Groww ELSS Tax Saver Fund Very High. Over 3 years, the standard deviation of daily returns was 10.48% and 14.34% a year.
Which is better for SIP, Groww Aggressive Hybrid Fund or Groww ELSS Tax Saver Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,16,413 in Groww Aggressive Hybrid Fund (XIRR 6.3% a year) and ₹7,14,497 in Groww ELSS Tax Saver Fund (XIRR 6.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Groww Aggressive Hybrid Fund and Groww ELSS Tax Saver Fund?
Yes. 56.4% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Groww Aggressive Hybrid Fund and Groww ELSS Tax Saver Fund?
Groww Aggressive Hybrid Fund: Paras Matalia, Nikhil Satam, Kaustubh Sule, Wilfred Gonsalves. Groww ELSS Tax Saver Fund: Paras Matalia, Nikhil Satam.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.