Groww Large Cap Fund Direct Growth

Groww Large Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Anupam Tiwari. The fund could potentially beat inflation in the long-run.

1. Groww Large Cap Fund Direct Growth has ₹124 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 1.
   

Groww Large Cap Fund Direct Growth has given a CAGR return of 13.11% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.39%, 18.31% and 20.55% respectively.

Groww Large Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Government, Health, Corporate, Tech, Communication, Basic Materials, Utilities, Consumer Defensive. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, State Bank of India, Larsen & Toubro Ltd, Bharti Airtel Ltd

As it is a large-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

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 for lump sum payment is INR 500.00 and for SIP is INR 500.00. Groww Large Cap Fund Direct Growth has no lock in period.