Groww Multi Asset Allocation Fund Direct Growth

Groww Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 3 October, 2025. The fund is managed by Paras Matalia, Nikhil Satam, Kaustubh Sule, Wilfred Gonsalves. This fund gives you the benefit of diversification.

1. Groww Multi Asset Allocation Fund Direct Growth has ₹328 Cr worth of assets under management (AUM) as on Dec 2025 and is more than category average.
2. The fund has an expense ratio 0.5.
   

Groww Multi Asset Allocation Fund Direct Growth has given a CAGR return of 2.51% since inception.

Groww Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Consumer Cyclical, Tech, Basic Materials, Industrial, Energy, Health, Real Estate, Communication, Consumer Defensive, Government.

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

To achieve long-term capital appreciation by predominantly investing in equity and equity-related instruments, Debt & Money market instruments, Commodities and in units of REITs & InvITs. However, there can be no assurance that the investment objective of the scheme will be achieved.

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Groww Multi Asset Allocation Fund Direct Growth has no lock in period.