Groww Large Cap Fund Direct Growth

Groww Large Cap Fund Direct Growth

Equity

Direct

Large-Cap

NAV as on 03-10-2024

₹ 52.18

-2.3%

1D

Inception Returns

14.4%

/yr

About the Fund

Groww Large Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Anupam Tiwari. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Groww Large Cap Fund Direct Growth has ₹131 Cr worth of assets under management (AUM) as on Aug 2024 and is less than category average.
  2. The fund has an expense ratio 1.

Returns

Groww Large Cap Fund Direct Growth has given a CAGR return of 14.42% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 37.61%, 16.43% and 17.64% respectively.

Holdings

Groww Large Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Consumer Defensive, Energy, Basic Materials, Communication, Corporate, Utilities, Health, Government. Its top holdings are Larsen & Toubro Ltd, HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, InterGlobe Aviation Ltd

Taxation

As it is a large-cap mutual fund the taxation is as follows:
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
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Groww Large Cap Fund Direct Growth

The primary investment objective of the Scheme is to seek to provide long-term capital appreciation from a portfolio that is invested predominantly in equity and equityrelated securities of blue-chip large-cap companies. 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 Large Cap Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
1622 people have invested ₹ 13.9L in Groww Large Cap Fund Direct Growth in the last three months

INDmoney Rank

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IND ranking is not available for this fund.
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Beats FD returns for both 3Y & 5Y duration
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5Y returns in the bottom 25% of the category

Fund Overview

Expense ratio1.03%
Benchmark
S&P BSE 100 India TR INR
AUM₹131 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
91.79%
STCGRedeeming 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 (03-Oct-24)

Period
Groww Large Cap Fund Direct Growth
Nifty 100
large-cap
1M
0.5%
-0.1%
-0.1%
3M
1.8%
3.9%
4.1%
6M
12.7%
13.7%
14.8%
1Y
37.6%
34.9%
37%
3Y
16.4%
14%
15.7%
5Y
17.6%
18.1%
19.2%

Fund Distribution

as on (31-Aug-24)

  • Equity 96.9%

  • Debt & Cash 3.1%

Large cap
85.5%

Mid cap
5.7%

Small cap
0.8%

Sector Allocation

Aug'24

Jul'24

Jun'24

Financial Services
29.5%
Industrial
20.6%
Consumer Cyclical
14.5%
Tech
10.3%
Consumer Defensive
9.1%
Energy
4.7%
Basic Materials
4.3%
Communication
3.7%
Utilities
2.1%
Health
1.2%
All changes are between Jun'24 and Aug'24
Aug'24
Jul'24
Jun'24
Fund Returns
0.58%
2.30%
5.96%
Nifty 100
0.83%
3.46%
2.72%
  • This fund’s returns stands at 0.58% whereas the fund’s underlying benchmark Nifty 100 returns stands at 0.83% as on Aug'24
  • This fund underperformed Nifty 100 by 0.25% in Aug'24
Parameters
Aug'24
Jul'24
Jun'24
AUM
₹ 130.9 Cr
₹ 130.7 Cr
₹ 126.9 Cr
  • AUM of the fund stands at 130.9 Cr as of Aug'24
  • AUM increased by 0.1 Cr between Aug'24 and Jul'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 5.88% to 7.94%
HDFC Bank Ltd's allocation increased from 5.88% to 7.94%
Larsen & Toubro Ltd's allocation increased from 7.4% to 9.06%
Larsen & Toubro Ltd's allocation increased from 7.4% to 9.06%
Hindustan Unilever Ltd's allocation increased from 1.98% to 3.55%
Hindustan Unilever Ltd's allocation increased from 1.98% to 3.55%
Top Stocks sold last month
Tata Consultancy Services Ltd's allocation decreased from 4.98 % to 3.46 %
Tata Consultancy Services Ltd's allocation decreased from 4.98 % to 3.46 %
Bharti Airtel Ltd's allocation decreased from 3.76 % to 3.4 %
Bharti Airtel Ltd's allocation decreased from 3.76 % to 3.4 %
UltraTech Cement Ltd's allocation decreased from 3.18 % to 3.02 %
UltraTech Cement Ltd's allocation decreased from 3.18 % to 3.02 %
Mid Cap allocation has gone down from 10.3% to 5.7%
Mid Cap allocation has gone down from 10.3% to 5.7%
Large Cap allocation has gone up from 83.6% to 85.5%
Large Cap allocation has gone up from 83.6% to 85.5%
Small Cap allocation has gone down from 1.1% to 0.8%
Small Cap allocation has gone down from 1.1% to 0.8%
Cash allocation has gone up from 2% to 3.1%
Cash allocation has gone up from 2% to 3.1%

Top 3 Sectors in August were Financial Services, Industrial & Tech

Aug'24
Financial Services
30%
Industrial
21%
Consumer Cyclical
15%
Jul'24
Financial Services
27%
Industrial
20%
Tech
15%
  • Gainers

  • Losers

Fund
Aug'24
Jul'24
No of Holdings
37
37
Top 5 Company Concentration
33.7%
30.5%
Company having highest exposure
Larsen & Toubro Ltd (9.1%)
ICICI Bank Ltd (7.5%)
No of Sectors
12
11
Top 5 Sectors Concentration
84%
86.7%
Sector having highest exposure
Financial Services (29.5%)
Financial Services (27.2%)
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Anupam Tiwari
Anupam Tiwari
Fund Manager of Groww Large Cap Fund Direct Growth, since 4 May 2023
Fund House
Groww Asset Management Ltd.
Total Schemes
Total AUM
₹1.77K Cr
as on 31-Aug-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
In the last 1 year, Quant Large Cap Fund Direct Growth has given 48.04% return, outperforming this fund by 7.05%.
Insights icon
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 23.39% return, outperforming this fund by 6.06% per annum.
Insights icon
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 23.55% return, outperforming this fund by 5.47% per annum.

Groww Large Cap 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 14.42% since inception which is more than its category average return of 14.29%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.93% in Equity, 0% in Debt and 3.07% in Cash related instruments
AUM size ₹0 Cr

AUM size ₹0 Cr

This fund has AUM of ₹0 Cr which is less than its category average of ₹ 7111 Cr
Expense Ratio 1.03%

Expense Ratio 1.03%

This fund has an expense ratio of 1.03% which is less than its category average expense ratio of 1.32%

Frequently Asked Questions

The current NAV of Groww Large Cap Fund Direct Growth is ₹52.18 as on 03-Oct-2024.
Existing (Absolute + CAGR) as on 03-Oct-2024.
Groww Large Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.52%
0.52%
6 Month Returns
12.75%
12.75%
1 Year Returns
37.61%
37.61%
3 Years Returns
57.83%
16.43%
5 Years Returns
125.3%
17.64%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
1.03% as on September 2024
₹131 Cr as on September 2024
Larsen & Toubro Ltd(9.06%), HDFC Bank Ltd(7.94%), ICICI Bank Ltd(7.54%), Axis Bank Ltd(4.81%), InterGlobe Aviation Ltd(4.36%) as on September 2024
Financial Services(28.63%), Industrial(19.92%), Consumer Cyclical(14.1%) as on September 2024
The alpha ratio for the Groww Large Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Groww Large Cap Fund Direct Growth
2.98
1.42
-0.99
As on September 2024
The alpha for Groww Large Cap Fund Direct Growth is calculated against S&P BSE 100 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Groww Large Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Groww Large Cap Fund Direct Growth
0.93
0.96
0.96
As on September 2024
The Beta for Groww Large Cap Fund Direct Growth is calculated with S&P BSE 100 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Groww Large Cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Groww Large Cap Fund Direct Growth
2.73
0.88
0.72
As on September 2024
The sharpe ratio for Groww Large Cap Fund Direct Growth is calculated with S&P BSE 100 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Groww Large Cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Groww Large Cap Fund Direct Growth
10.32
12.41
17.97
As on September 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.55 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.41 as on September 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Anupam Tiwari is the fund manager of Groww Large Cap Fund Direct Growth
The Exit load of Groww Large Cap Fund Direct Growth is 1%