Equity
Direct
Large-Cap
NAV as on 05-09-2024
₹ 51.46
▲0.3%
1D
Inception Returns
14.5%
/yr
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.
Groww Large Cap Fund Direct Growth has given a CAGR return of 14.47% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 38.16%, 16.78% and 18.77% respectively.
Groww Large Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Consumer Cyclical, Corporate, Energy, Government, Consumer Defensive, Basic Materials, Communication, Health. Its top holdings are ICICI Bank Ltd, Larsen & Toubro Ltd, HDFC Bank Ltd, Tata Consultancy Services Ltd, Axis Bank 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 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.
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 100.00 and for SIP is INR 100.00. Groww Large Cap Fund Direct Growth has no lock in period.
Expense ratio | 0.6% |
Benchmark | S&P BSE 100 India TR INR |
AUM | ₹131 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 91.79% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (05-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Industrial & Consumer Cyclical
Groww Large Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.55% | 4.55% |
6 Month Returns | 13.86% | 13.86% |
1 Year Returns | 38.16% | 38.16% |
3 Years Returns | 59.26% | 16.78% |
5 Years Returns | 136.32% | 18.77% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Groww Large Cap Fund Direct Growth | 3.52 | 1.18 | -0.89 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Groww Large Cap Fund Direct Growth | 0.93 | 0.95 | 0.96 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Groww Large Cap Fund Direct Growth | 2.74 | 0.87 | 0.75 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Groww Large Cap Fund Direct Growth | 10.31 | 12.4 | 18.02 |