Groww Multi Cap Fund Direct Growth

Groww Multi Cap Fund Direct Growth

Equity

Direct

Multi-Cap

NAV as on 01-01-0001

₹ 1025.43

About Groww Multi Cap Fund Direct Growth

Groww Multi Cap Fund Direct Growth is an equity fund. This fund was started on 19 March, 2020. The fund is managed by Vikrant Mehta, Veekesh Gandhi. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Groww Multi Cap Fund Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.

Returns

Groww Multi Cap Fund Direct Growth has given a CAGR return of 0.00% since inception.

Holdings

Groww Multi Cap Fund Direct Growth has allocated its funds majorly in . Its top holdings are

Taxation

As it is a multi-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 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 Multi Cap Fund Direct Growth

Groww Multi cap Fund aims to generate medium to long term capital growth by investing in a diversified portfolio consisting of equity and equity related instruments across market capitalization. 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 0.00 and for SIP is INR 500.00. Groww Multi Cap Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

Groww Multi Cap Fund Direct Growth Overview

Expense ratio--
Benchmark
S&P BSE 500 India TR INR
AUM₹0 Cr
Inception Date19 March, 2020
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
0%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Moderately High risk
All changes are between Oct'69 and Dec'69
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Vikrant Mehta
Vikrant Mehta
Fund Manager of Groww Multi Cap Fund Direct Growth, since 19 March 2020
Veekesh Gandhi
Veekesh Gandhi
Fund Manager of Groww Multi Cap Fund Direct Growth, since 19 March 2020
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Groww Multi Cap Fund Direct Growth
0%
19.03%
Fund House
Groww Asset Management Ltd.
Total Schemes
Total AUM
₹1.85K Cr
as on 31-Oct-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

Frequently Asked Questions for Groww Multi Cap Fund Direct Growth

The current NAV of Groww Multi Cap Fund Direct Growth is ₹1025.43 as on 01-Jan-0001.
Existing (Absolute + CAGR) as on 01-Jan-0001.
Groww Multi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0%
0%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
The alpha ratio for the Groww Multi Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Groww Multi Cap Fund Direct Growth
-
-
-
As on October 2024
The alpha for Groww Multi Cap Fund Direct Growth 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 Multi Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Groww Multi Cap Fund Direct Growth
-
-
-
As on October 2024
The Beta for Groww Multi Cap Fund Direct Growth 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 Multi 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 Multi Cap Fund Direct Growth
-
-
-
As on October 2024
The sharpe ratio for Groww Multi Cap Fund Direct Growth 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 Multi 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 Multi Cap Fund Direct Growth
-
-
-
As on October 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.
Vikrant Mehta, Veekesh Gandhi are the fund managers of Groww Multi Cap Fund Direct Growth
The Exit load of Groww Multi Cap Fund Direct Growth is 0%