Groww Large Cap Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 05-09-2024
₹ 51.46
▲0.3%
1D
Inception Returns
14.5%
/yr
About the Fund
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.
Key Parameters
- Groww Large Cap Fund Direct Growth has ₹131 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
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.
Holdings
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
Taxation
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.
Investment objective of Groww Large Cap 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 100.00 and for SIP is INR 100.00. Groww Large Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
1236 people have invested ₹ 17.2L in Groww Large Cap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
5Y returns in the bottom 25% of the category
Fund Overview
| 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 |
Trailing Returns
as on (05-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
86.5%
Mid cap
10.5%
Small cap
0.9%
Sector Allocation
Financial Services
27.2%
Industrial
20.1%
Tech
15.3%
Consumer Cyclical
14.3%
Energy
6.5%
Consumer Defensive
6%
Basic Materials
5.7%
Communication
3.8%
Health
1%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 2.30% whereas the fund’s underlying benchmark Nifty 100 returns stands at 3.46% as on Jul'24
- This fund underperformed Nifty 100 by 1.16% in Jul'24
- AUM of the fund stands at 130.7 Cr as of Jul'24
- AUM increased by 3.8 Cr between Jul'24 and Jun'24
Top Stocks bought last month
HCL Technologies Ltd's allocation increased from 1% to 3.28%
InterGlobe Aviation Ltd's allocation increased from 1.95% to 4.04%
Zomato Ltd's allocation increased from 1.09% to 2.75%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 9.21 % to 7.46 %
HDFC Bank Ltd's allocation decreased from 9.43 % to 5.88 %
Axis Bank Ltd's allocation decreased from 5.34 % to 4.78 %
Cash allocation has gone down from 4.1% to 2%
Top 3 Sectors in July were Financial Services, Industrial & Consumer Cyclical
Jul'24
Financial Services
27%
Industrial
20%
Tech
15%
Jun'24
Financial Services
35%
Industrial
18%
Consumer Cyclical
13%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Persistent Systems Ltd | 15.7% |
 HCL Technologies Ltd | 14.3% |
 Interglobe Aviation Ltd | 14.1% |
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Anupam Tiwari
Fund Manager of Groww Large Cap Fund Direct Growth, since 4 May 2023
Top funds managed
Fund House
Groww Asset Management Ltd.
Total Schemes
Total AUM
₹868.96 Cr
as on 31-Jul-2024
Address
Floor 12 A, Tower 2 A, One World Centre,,Jupiter Mills Compound Senapati Bapat Marg,Mumbai,Maharashtra
Phone
8050180222
Website
support@growwmf.in
Mutual Fund Insights
This fund expense ratio is slightly on the lower side within the category (large-cap). Its expense ratio is 0.6% which is lower than the category average expense ratio of 0.76%.
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 24.38% return, outperforming this fund by 5.61% per annum.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 23.59% return, outperforming this fund by 6.81% per annum.
In the last 1 year, Quant Large Cap Fund Direct Growth has given 46.99% return, outperforming this fund by 8.84%.
Over the last 1 month, this fund has experienced a 3.0% growth in AUM moving from 126.91 Cr to 130.73 Cr.
Groww Large Cap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 14.47% since inception which is more than its category average return of 14.39%
Fund Allocations
This fund has an allocation of 97.98% in Equity, 0% in Debt and 2.02% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 6992 Cr
Expense Ratio 0.6%
This fund has an expense ratio of 0.6% which is less than its category average expense ratio of 1.28%
Frequently Asked Questions
The current NAV of Groww Large Cap Fund Direct Growth is ₹51.46 as on 05-Sep-2024.
Existing (Absolute + CAGR) as on 05-Sep-2024.
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% |
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.
0.6% as on August 2024
₹131 Cr as on August 2024
ICICI Bank Ltd(7.46%), Larsen & Toubro Ltd(7.4%), HDFC Bank Ltd(5.88%), Tata Consultancy Services Ltd(4.98%), Axis Bank Ltd(4.78%) as on August 2024
Financial Services(26.66%), Industrial(19.65%), Tech(14.96%) as on August 2024
The alpha ratio for the Groww Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Groww Large Cap Fund Direct Growth | 3.52 | 1.18 | -0.89 |
As on August 2024
The alpha for Groww Large Cap Fund Direct Growth is calculated against S&P BSE 100 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 Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Groww Large Cap Fund Direct Growth | 0.93 | 0.95 | 0.96 |
As on August 2024
The Beta for Groww Large Cap Fund Direct Growth is calculated with S&P BSE 100 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 Large Cap Fund Direct Growth for various period is as follows:
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 |
As on August 2024
The sharpe ratio for Groww Large Cap Fund Direct Growth is calculated with S&P BSE 100 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 Large Cap Fund Direct Growth for various period is as follows:
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 |
As on August 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 1.54 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.29 as on August 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Anupam Tiwari is the fund manager of Groww Large Cap Fund Direct Growth
The Exit load of Groww Large Cap Fund Direct Growth is 1%