Groww Nifty Smallcap 250 Index Fund Direct Growth

Groww Nifty Smallcap 250 Index Fund Direct Growth

Equity

Direct

Index Funds

NAV as on 22-10-2024

₹ 11.5

▼-1.7%

1D

Inception Returns

18.7%

/yr

About Groww Nifty Smallcap 250 Index Fund Direct Growth

Groww Nifty Smallcap 250 Index Fund Direct Growth is an equity fund. This fund was started on 1 March, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Groww Nifty Smallcap 250 Index Fund Direct Growth has ₹88 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Groww Nifty Smallcap 250 Index Fund Direct Growth has given a CAGR return of 18.68% since inception.

Holdings

Groww Nifty Smallcap 250 Index Fund Direct Growth has allocated its funds majorly in Industrial, Financial Services, Basic Materials, Health, Consumer Cyclical, Tech, Consumer Defensive, Communication, Real Estate, Utilities, Energy. Its top holdings are Multi Commodity Exchange of India Ltd, Crompton Greaves Consumer Electricals Ltd, Blue Star Ltd, Central Depository Services (India) Ltd, Glenmark Pharmaceuticals Ltd

Taxation

As it is a index funds 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 Nifty Smallcap 250 Index Fund Direct Growth

The Scheme seeks investment return that corresponds to the performance of Nifty Smallcap 250 Total Return Index subject to tracking error. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Groww Nifty Smallcap 250 Index Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised
▲
▼

zero opening, trading, fund transfer fee
3385 people have invested ₹ 64.7L in Groww Nifty Smallcap 250 Index Fund Direct Growth in the last three months

Groww Nifty Smallcap 250 Index Fund Direct Growth Overview

Expense ratio0.45%
Benchmark
Nifty Smallcap 250
AUM₹88 Cr
Inception Date1 March, 2024
Min Lumpsum/SIP₹500/₹100
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
160.04%
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

Fund Distribution

as on (30-Sep-24)

  • Equity 100%

Small cap
93.5%
Mid cap
6.2%
Sector Allocation

Sep'24

Aug'24

Jul'24

Industrial
23.7%
Financial Services
18.9%
Basic Materials
14.3%
Health
11.7%
Consumer Cyclical
9.9%
Tech
7.8%
Consumer Defensive
4.2%
Communication
3.3%
Real Estate
2.5%
Utilities
2.2%
Energy
1.5%
All changes are between Jul'24 and Sep'24
Sep'24
Aug'24
Jul'24
Fund Returns
1.20%
1.35%
4.92%
Nifty Smallcap 250
2.11%
0.90%
3.35%
  • This fund’s returns stands at 1.20% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at 2.11% as on Sep'24
  • This fund underperformed Nifty Smallcap 250 by 0.90% in Sep'24
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 81.2 Cr
₹ 81.2 Cr
₹ 75.8 Cr
  • AUM of the fund stands at 81.2 Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24
Top Stocks bought last month
Brigade Enterprises Ltd's allocation increased from 0.8% to 0.98%
Brigade Enterprises Ltd's allocation increased from 0.8% to 0.98%
Cholamandalam Financial Holdings Ltd's allocation increased from 0.83% to 1.01%
Cholamandalam Financial Holdings Ltd's allocation increased from 0.83% to 1.01%
Blue Star Ltd's allocation increased from 1.17% to 1.34%
Blue Star Ltd's allocation increased from 1.17% to 1.34%
Top Stocks sold last month
Crompton Greaves Consumer Electricals Ltd's allocation decreased from 1.63 % to 1.34 %
Crompton Greaves Consumer Electricals Ltd's allocation decreased from 1.63 % to 1.34 %
Central Depository Services (India) Ltd's allocation decreased from 1.36 % to 1.28 %
Central Depository Services (India) Ltd's allocation decreased from 1.36 % to 1.28 %
Glenmark Pharmaceuticals Ltd's allocation decreased from 1.38 % to 1.26 %
Glenmark Pharmaceuticals Ltd's allocation decreased from 1.38 % to 1.26 %
Small Cap allocation has gone down from 93.9% to 93.5%
Small Cap allocation has gone down from 93.9% to 93.5%
Mid Cap allocation has gone up from 4.9% to 6.2%
Mid Cap allocation has gone up from 4.9% to 6.2%
Large Cap allocation has gone down from 0.2% to 0%
Large Cap allocation has gone down from 0.2% to 0%
Cash allocation has gone down from 0.1% to -0.1%
Cash allocation has gone down from 0.1% to -0.1%

Top 3 Sectors in September were Industrial, Financial Services & Basic Materials

Sep'24
Industrial
24%
Financial Services
19%
Basic Materials
14%
Aug'24
Industrial
23%
Financial Services
20%
Basic Materials
13%

  • Equity

Holdings
Weight%
1M Change
Multi Commodity Exchange of India Ltd
Multi Commodity Exchange of India Ltd
1.45%
2.3%
Blue Star Ltd
Blue Star Ltd
1.34%
2.4%
Crompton Greaves Consumer Electricals Ltd
Crompton Greaves Consumer Electricals Ltd
1.34%
2.4%
Central Depository Services (India) Ltd
Central Depository Services (India) Ltd
1.28%
2.6%
Glenmark Pharmaceuticals Ltd
Glenmark Pharmaceuticals Ltd
1.26%
3.1%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Groww Nifty Smallcap 250 Index Fund Direct Growth
Groww Nifty Smallcap 250 Index Fund Direct Growth
-
-
-
18.68%
DSP Nifty Next 50 Index Fund Direct Growth
DSP Nifty Next 50 Index Fund Direct Growth
64.89%
20.11%
21.57%
20.51%
Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth
Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth
44.65%
23.48%
31.18%
31.05%
SBI Nifty Index Fund Direct Growth
SBI Nifty Index Fund Direct Growth
27.95%
11.93%
17.12%
13.52%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Blue Star Ltd
Blue Star Ltd
0.5%
Fund
Sep'24
Aug'24
Jul'24
No of Holdings
250
252
252
Top 5 Company Concentration
6.7%
7%
6.4%
Company having highest exposure
Multi Commodity Exchange of India Ltd (1.4%)
Crompton Greaves Consumer Electricals Ltd (1.6%)
Crompton Greaves Consumer Electricals Ltd (1.6%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
78.5%
78.1%
78.4%
Sector having highest exposure
Industrial (23.7%)
Industrial (22.7%)
Industrial (23.8%)
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Fund House
Groww Asset Management Ltd.
Total Schemes
20
See all Groww schemes
Total AUM
₹1.86K Cr
as on 30-Sep-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

Groww Nifty Smallcap 250 Index 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 returns of 18.68% since inception (1st March 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 100.14% in Equity, 0% in Debt and -0.14% 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 ₹ 854 Cr
Expense Ratio 0.45%

Expense Ratio 0.45%

This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 0.51%

Frequently Asked Questions for Groww Nifty Smallcap 250 Index Fund Direct Growth

The current NAV of Groww Nifty Smallcap 250 Index Fund Direct Growth is ₹11.5 as on 22-Oct-2024.
Existing (Absolute + CAGR) as on 22-Oct-2024.
Groww Nifty Smallcap 250 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-2.94%
-2.94%
6 Month Returns
18.21%
18.21%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.45% as on September 2024
₹88 Cr as on September 2024
Multi Commodity Exchange of India Ltd(1.45%), Crompton Greaves Consumer Electricals Ltd(1.34%), Blue Star Ltd(1.34%), Central Depository Services (India) Ltd(1.28%), Glenmark Pharmaceuticals Ltd(1.26%) as on September 2024
Industrial(23.7%), Financial Services(18.88%), Basic Materials(14.33%) as on September 2024
The alpha ratio for the Groww Nifty Smallcap 250 Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Groww Nifty Smallcap 250 Index Fund Direct Growth
-
-
-
As on September 2024
The alpha for Groww Nifty Smallcap 250 Index Fund Direct Growth is calculated against Nifty Smallcap 250. 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 Nifty Smallcap 250 Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Groww Nifty Smallcap 250 Index Fund Direct Growth
-
-
-
As on September 2024
The Beta for Groww Nifty Smallcap 250 Index Fund Direct Growth is calculated with Nifty Smallcap 250. 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 Nifty Smallcap 250 Index Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Groww Nifty Smallcap 250 Index Fund Direct Growth
-
-
-
As on September 2024
The sharpe ratio for Groww Nifty Smallcap 250 Index Fund Direct Growth is calculated with Nifty Smallcap 250. 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 Nifty Smallcap 250 Index Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Groww Nifty Smallcap 250 Index Fund Direct Growth
-
-
-
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.
The Exit load of Groww Nifty Smallcap 250 Index Fund Direct Growth is 0.25%