Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal

Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal

Compare
Equity
Direct
Value
NAV: ₹ 23.6 as on 12-06-2024

About the Fund

Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal is an equity fund. This fund was started on 1 March, 2017. The fund is managed by Kaustubh Sule, Anupam Tiwari. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal has ₹19 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.9.

Returns

Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal has given a CAGR return of 12.46% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 43.37%, 19.40% and 17.94% respectively.

Holdings

Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Consumer Cyclical, Industrial, Basic Materials, Utilities, Communication, Corporate, Government, Health. Its top holdings are Larsen & Toubro Ltd, HDFC Bank Ltd, ICICI Bank Ltd, NTPC Ltd, Bharti Airtel 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 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 Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal

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 Quarterly Reinvestment of Income Distribution cum Capital Withdrawal has no lock in period.

Fund Performance

Overview

Expense ratio
Expense ratio
0.9%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹19 Cr
Inception Date
Inception Date
1 March, 2017
Min Lumpsum/SIP
Min Lumpsum/SIP
₹10/₹10
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
27.76%

Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal Distribution as on (30-Apr-24)

  • Equity 96.9%

  • Debt & Cash 3.1%

Size breakup

Large cap
69.2%
Small cap
16.8%
Mid cap
5.8%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
36.7%
Tech
14.2%
Consumer Cyclical
14.1%
Industrial
10.9%
Basic Materials
10.8%
Utilities
7.7%
Communication
3.7%
Health
1.9%

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
2.52%
0.69%
0.36%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 2.52% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed Nifty 500 by 0.06% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 18.9 Cr
₹ 17.5 Cr
₹ 16.3 Cr
  • AUM of the fund stands at 18.9 Cr as of Apr'24
  • AUM increased by 1.4 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal as on (31-May-24)

  • Equity

  • Debt & Cash

Equity Holdings37
Debt Holdings1

Fund Manager

Kaustubh Sule
Kaustubh Sule
Fund Manager of Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal, since 11 May 2023
Anupam Tiwari
Anupam Tiwari
Fund Manager of Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal, since 4 May 2023

Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal 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 12.46% since inception which is less than its category average return of 19.03%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.92% in Equity, 0% in Debt and 3.08% in Cash related instruments
AUM size ₹19 Cr

AUM size ₹19 Cr

This fund has AUM of ₹19 Cr which is less than its category average of ₹ 4850 Cr
Expense Ratio 0.9%

Expense Ratio 0.9%

This fund has an expense ratio of 0.9% which is less than its category average expense ratio of 1.46%

Frequently Asked Questions

The current NAV of Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal is ₹23.6 as on 12-Jun-2024.
Existing (Absolute + CAGR) as on 12-Jun-2024.
Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
6.45%
6.45%
6 Month Returns
14.64%
14.64%
1 Year Returns
43.37%
43.37%
3 Years Returns
70.23%
19.4%
5 Years Returns
128.15%
17.94%
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.
0.9% as on May 2024
₹19 Cr as on May 2024
Larsen & Toubro Ltd(9.39%), HDFC Bank Ltd(7.94%), ICICI Bank Ltd(7.79%), NTPC Ltd(5.12%), Bharti Airtel Ltd(4.06%) as on May 2024
Financial Services(37.53%), Tech(13.48%), Consumer Cyclical(13.08%) as on May 2024
The alpha ratio for the Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal
3.14
2.03
0.18
As on May 2024
The alpha for Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal 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 Quarterly Reinvestment of Income Distribution cum Capital Withdrawal for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal
1.07
0.96
0.94
As on May 2024
The Beta for Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal 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 Quarterly Reinvestment of Income Distribution cum Capital Withdrawal for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal
2.42
1.06
0.69
As on May 2024
The sharpe ratio for Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal 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 Quarterly Reinvestment of Income Distribution cum Capital Withdrawal for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal
11.97
12.91
18.38
As on May 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 2.02 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.45 as on May 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 Quarterly Reinvestment of Income Distribution cum Capital Withdrawal
The Exit load of Groww Value Fund Direct Quarterly Reinvestment of Income Distribution cum Capital Withdrawal is 1%