Groww Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl

Equity
Direct
Index Funds
Groww Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl

About the Fund

Groww Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 23 October, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Groww Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl has ₹175 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

Groww Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 37.26% since inception.

Holdings

Groww Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Basic Materials, Energy, Consumer Defensive, Health, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, Larsen & Toubro 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 Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl

The investment objective of the scheme is to achieve a return equivalent to the NiftyTotal Market Index-TRI subject to tracking error. This index is diversified throughout the Indian market across sectors and market caps and aims to benefit from India’s economic growth.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Groww Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
6 people have invested ₹ 14.6K in Groww Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.25%
Benchmark
Nifty Total Market TR INR
AUM₹175 Cr
Inception Date23 October, 2023
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 99.5%

  • Debt & Cash 0.5%

Large cap
68.9%

Mid cap
17.3%

Small cap
13.1%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
27.8%
Industrial
12.2%
Consumer Cyclical
11.3%
Tech
9.4%
Basic Materials
9%
Energy
8.4%
Consumer Defensive
7.1%
Health
5.5%
Utilities
4.5%
Communication
3.2%
Real Estate
1.4%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Groww Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl 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 37.26% since inception (23nd Oct 2023)
Fund Allocations

Fund Allocations

This fund has an allocation of 99.46% in Equity, 0% in Debt and 0.54% in Cash related instruments
AUM size ₹175 Cr

AUM size ₹175 Cr

This fund has AUM of ₹175 Cr which is less than its category average of ₹ 801 Cr
Expense Ratio 0.25%

Expense Ratio 0.25%

This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of Groww Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl is ₹13.79 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
Groww Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
5.31%
5.31%
6 Month Returns
17.32%
17.32%
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.
0.25% as on June 2024
₹175 Cr as on June 2024
HDFC Bank Ltd(6.67%), Reliance Industries Ltd(5.57%), ICICI Bank Ltd(4.44%), Infosys Ltd(2.98%), Larsen & Toubro Ltd(2.18%) as on June 2024
Financial Services(27.65%), Industrial(12.11%), Consumer Cyclical(11.29%) as on June 2024
The alpha ratio for the Groww Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Groww Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on June 2024
The alpha for Groww Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated against Nifty Total Market 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 Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Groww Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on June 2024
The Beta for Groww Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with Nifty Total Market 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 Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Groww Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on June 2024
The sharpe ratio for Groww Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with Nifty Total Market 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 Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Groww Nifty Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on June 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 Total Market Index Fund Direct Payout Inc Dist cum Cap Wdrl is 0%