Groww Aggressive Hybrid Fund Direct Growth

Groww Aggressive Hybrid Fund Direct Growth

Hybrid

Direct

Aggressive Allocation

NAV as on 06-12-2024

₹ 23.32

Inception Returns

15.2%

/yr

About Groww Aggressive Hybrid Fund Direct Growth

Groww Aggressive Hybrid Fund Direct Growth is a hybrid fund. This fund was started on 14 December, 2018. The fund is managed by Anupam Tiwari, Kaustubh Sule. This fund gives you the benefit of diversification.

Key Parameters

  1. Groww Aggressive Hybrid Fund Direct Growth has ₹46 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.9.

Returns

Groww Aggressive Hybrid Fund Direct Growth has given a CAGR return of 15.17% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 23.32%, 15.08% and 15.85% respectively.

Holdings

Groww Aggressive Hybrid Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Cash Equivalent, Industrial, Tech, Consumer Cyclical, Consumer Defensive, Basic Materials, Utilities, Communication, Energy, Health, Corporate.

Taxation

As it is a aggressive allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Groww Aggressive Hybrid Fund Direct Growth

The Scheme seeks to generate periodic return and long term capital appreciation from a judicious mix of equity and debt instruments. 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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Groww Aggressive Hybrid Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
930 people have invested ₹ 8.8L in Groww Aggressive Hybrid Fund Direct Growth in the last three months

Groww Aggressive Hybrid Fund Direct Growth Overview

Expense ratio0.85%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹46 Cr
Inception Date14 December, 2018
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
107.09%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (06-Dec-24)

Period
Groww Aggressive Hybrid Fund Direct Growth
Aggressive Allocation Index
1M
1.1%
1.3%
3M
1.2%
0.5%
6M
6.8%
9.9%
1Y
23.3%
24.3%
3Y
15.1%
16%
5Y
15.9%
17.7%

Fund Distribution

as on (31-Oct-24)

  • Equity 67.7%

  • Debt & Cash 32.3%

Large cap
62.3%

Mid cap
3.1%

Small cap
2.3%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
40.8%
Industrial
15.9%
Tech
12.9%
Consumer Cyclical
9.9%
Consumer Defensive
9.5%
Communication
3.8%
Basic Materials
2.7%
Energy
2.3%
Health
2.1%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 45.7 Cr
₹ 46.9 Cr
₹ 45.5 Cr
  • AUM of the fund stands at 45.7 Cr as of Oct'24
  • AUM decreased by 1.2 Cr between Oct'24 and Sep'24

Top 3 Sectors in October were Government, Financial Services & Industrial

Oct'24
Government
94%
Financial Services
41%
Industrial
16%
Sep'24
Government
94%
Financial Services
41%
Industrial
16%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
39
39
34
Top 5 Company Concentration
29.3%
29.3%
29.1%
Company having highest exposure
HDFC Bank Ltd (8.5%)
HDFC Bank Ltd (8.5%)
HDFC Bank Ltd (8.3%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
173.1%
173.1%
148.9%
Sector having highest exposure
Government (93.6%)
Government (93.6%)
Government (68.9%)
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Anupam Tiwari
Anupam Tiwari
Fund Manager of Groww Aggressive Hybrid Fund Direct Growth, since 4 May 2023
Kaustubh Sule
Kaustubh Sule
Fund Manager of Groww Aggressive Hybrid Fund Direct Growth, since 11 May 2023
Fund House
Groww Asset Management Ltd.
Total Schemes
Total AUM
₹1.85K Cr
as on 31-Oct-2024
Address
Floor 12 A, Tower 2 A, One World Centre,,Jupiter Mills Compound Senapati Bapat Marg,Mumbai,Maharashtra
Phone
8050180222
Website
support@growwmf.in

Mutual Fund Insights

Insights icon
Over the last 1 month, this fund has experienced a 2.5% drop in AUM moving from 46.87 Cr to 45.72 Cr.
Insights icon
In the last 1 year, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 31.87% return, outperforming this fund by 8.55%.
Insights icon
In the last 5 years, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 28.59% return, outperforming this fund by 12.74% per annum.
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In the last 3 years, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 21.62% return, outperforming this fund by 6.55% per annum.
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This fund has one of the lowest expense ratio in the category (aggressive allocation). Its expense ratio is 0.85% which is lower than the category average expense ratio of 1.24%.

Groww Aggressive Hybrid Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 15.17% since inception which is more than its category average return of 13.35%
Fund Allocations

Fund Allocations

This fund has an allocation of 67.67% in Equity, 22.77% in Debt and 9.56% in Cash related instruments
AUM size ₹46 Cr

AUM size ₹46 Cr

This fund has AUM of ₹46 Cr which is less than its category average of ₹ 5682 Cr
Expense Ratio 0.85%

Expense Ratio 0.85%

This fund has an expense ratio of 0.85% which is less than its category average expense ratio of 1.48%

Frequently Asked Questions for Groww Aggressive Hybrid Fund Direct Growth

The current NAV of Groww Aggressive Hybrid Fund Direct Growth is ₹23.32 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
Groww Aggressive Hybrid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.14%
1.14%
6 Month Returns
6.81%
6.81%
1 Year Returns
23.32%
23.32%
3 Years Returns
52.39%
15.08%
5 Years Returns
108.68%
15.85%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.85% as on November 2024
₹46 Cr as on November 2024
7.3% Govt Stock 2053(11.38%), 7.34% Govt Stock 2064(10.28%), ICICI Bank Ltd(8.26%), HDFC Bank Ltd(5.91%), Larsen & Toubro Ltd(5.86%) as on November 2024
Financial Services(27.99%), Government(22.58%), Industrial(11.11%) as on November 2024
AAA
100
Anupam Tiwari, Kaustubh Sule are the fund managers of Groww Aggressive Hybrid Fund Direct Growth
The Exit load of Groww Aggressive Hybrid Fund Direct Growth is 1%