Groww Value Fund Direct Growth
About the Fund
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 ₹25 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
Groww Value Fund Direct Growth has given a CAGR return of 13.46% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 41.07%, 19.95% and 21.00% respectively.
Holdings
Groww Value Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Basic Materials, Industrial, Communication, Energy, Corporate, Health, Government. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Larsen & Toubro Ltd, Bharti Airtel Ltd, Axis Bank Ltd
Taxation
As it is a value 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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Groww Value 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 10.00 and for SIP is INR 10.00. Groww Value Fund Direct Growth has no lock in period.
INDmoney Rank
Fund Overview
| Expense ratio | 0.9% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹25 Cr |
| Inception Date | 7 September, 2015 |
| Min Lumpsum/SIP | ₹10/₹10 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 27.76% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Cholamandalam Financial Holdings Ltd | 16.7% |
 Birlasoft Ltd | 5.6% |
Mutual Fund Insights
Groww Value Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹25 Cr
Expense Ratio 0.9%
Frequently Asked Questions
Groww Value Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.58% | 2.58% |
6 Month Returns | 14.4% | 14.4% |
1 Year Returns | 41.07% | 41.07% |
3 Years Returns | 72.58% | 19.95% |
5 Years Returns | 159.33% | 21% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Groww Value Fund Direct Growth | 3.5 | 1.14 | 0.16 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Groww Value Fund Direct Growth | 1 | 0.94 | 0.93 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Groww Value Fund Direct Growth | 2.49 | 1.08 | 0.77 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Groww Value Fund Direct Growth | 12.17 | 13.02 | 18.4 |