Groww Value Fund Direct Growth
Equity
Direct
Value
NAV: ₹ 28.1 as on 24-04-2024
Fund Performance
26860 people have invested ₹ 11.8L in Groww Value Fund Direct Growth in the last three months
Mutual Fund Insights
In the last 3 years, JM Value Fund (Direct) - Growth has given 31.19% return, outperforming this fund by 9.77% per annum.
This fund expense ratio is slightly on the lower side within the category (value). Its expense ratio is 1.13% which is lower than the category average expense ratio of 1.34%.
In the last 5 years, JM Value Fund (Direct) - Growth has given 23.79% return, outperforming this fund by 6.52% per annum.
In the last 1 year, Quant Value Fund Direct Growth has given 82.1% return, outperforming this fund by 37.54%.
Over the last 6 months, this fund has experienced a 53.4% growth in AUM moving from 11.4 Cr to 17.48 Cr.
INDmoney Rank of Groww Value Fund Direct Growth
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IND ranking is not available for this fund.
Pros
Among most bought funds within the category
Beats FD returns for both 3Y & 5Y duration
Cons
5Y returns in the bottom 25% of the category
About the Groww Value Fund Direct Growth
Groww Value Fund Direct Growth is an equity fund. This fund was started on 7 September, 2015. The fund is managed by Kaustubh Sule, Anupam Tiwari. The fund could potentially beat inflation in the long-run.
Key Parameters
- Groww Value Fund Direct Growth has ₹17 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.1.
Groww Value Fund Direct Growth Overview
 | 1.13% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹17 Cr |
 | 7 September, 2015 |
 | ₹10/₹10 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 27.76% |
Groww Value Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
63%
Small cap
16.7%
Mid cap
5.1%
Sector Allocation
Financial Services
36.2%
Tech
15.6%
Consumer Cyclical
13.2%
Industrial
12.3%
Utilities
7.9%
Basic Materials
7.5%
Communication
3.8%
Health
2.1%
Real Estate
1.3%
Top Holdings of Groww Value Fund Direct Growth as on (31-Mar-24)
Equity Holdings36
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 8.66% | 0% | |
 HDFC Bank Ltd | 8.56% | 0% | |
 Larsen & Toubro Ltd | 8.01% | 0% | |
 NTPC Ltd | 5.45% | 0% | |
 Birlasoft Ltd | 4.09% | 88% |
See all
Groww Value Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.69% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 1.16% in Mar'24
AUM Change
- AUM of the fund stands at 17.5 Cr as of Mar'24
- AUM increased by 1.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Groww Value Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Bajaj Auto Ltd | 8.1% |
 Bharti Airtel Ltd | 4.9% |
 Larsen & Toubro Ltd | 4% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -7.9% |
 JK Lakshmi Cement Ltd | 0.1% |
 Ujjivan Financial Services Ltd | 15.5% |
Peer Analysis
Groww Value Fund Direct Growth Fund Manager
Kaustubh Sule
Fund Manager of Groww Value Fund Direct Growth, since 11 May 2023
Top funds managed
Anupam Tiwari
Fund Manager of Groww Value Fund Direct Growth, since 4 May 2023
Top funds managed
Groww Value Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 12.66% since inception which is less than its category average return of 18.06%
Fund Allocations
This fund has an allocation of 86.84% in Equity, 0% in Debt and 13.15% in Cash related instruments
AUM size ₹17 Cr
This fund has AUM of ₹17 Cr which is less than its category average of ₹ 4632 Cr
Expense Ratio 1.13%
This fund has an expense ratio of 1.13% which is less than its category average expense ratio of 1.47%
Frequently Asked Questions
The current NAV of Groww Value Fund Direct Growth is ₹28.1 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Groww Value Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.48% | 1.48% |
6 Month Returns | 23.73% | 23.73% |
1 Year Returns | 44.56% | 44.56% |
3 Years Returns | 79% | 21.42% |
5 Years Returns | 121.78% | 17.27% |
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.
1.13% as on March 2024
₹17 Cr as on March 2024
ICICI Bank Ltd(8.66%), HDFC Bank Ltd(8.56%), Larsen & Toubro Ltd(8.01%), NTPC Ltd(5.45%), Birlasoft Ltd(4.09%) as on March 2024
Financial Services(31.42%), Tech(13.55%), Consumer Cyclical(11.5%) as on March 2024
The alpha ratio for the Groww Value Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Groww Value Fund Direct Growth | 3.1 | 2.13 | 0.4 |
As on March 2024
The alpha for Groww Value Fund Direct Growth is calculated against S&P BSE 500 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 Value Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Groww Value Fund Direct Growth | 1.04 | 0.94 | 0.94 |
As on March 2024
The Beta for Groww Value Fund Direct Growth is calculated with S&P BSE 500 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 Value Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Groww Value Fund Direct Growth | 2.78 | 1.13 | 0.67 |
As on March 2024
The sharpe ratio for Groww Value Fund Direct Growth is calculated with S&P BSE 500 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 Value Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Groww Value Fund Direct Growth | 11.71 | 13.02 | 18.4 |
As on March 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 2.18 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.38 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Kaustubh Sule, Anupam Tiwari are the fund managers of Groww Value Fund Direct Growth
The Exit load of Groww Value Fund Direct Growth is 1%