Groww Nifty Total Market Index Fund Direct Growth
NAV as on 15-04-2025
₹ 12.67
▲2%
1D
Inception Returns
15.5%
/yr
Historical NAV & Returns
Absolute
▲
▼
7290 people have invested ₹ 1.2Cr in Groww Nifty Total Market Index Fund Direct Growth in the last three months
About Groww Nifty Total Market Index Fund Direct Growth
Groww Nifty Total Market Index Fund Direct Growth is an equity fund. This fund was started on 23 October, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Groww Nifty Total Market Index Fund Direct Growth has ₹274 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
Groww Nifty Total Market Index Fund Direct Growth has given a CAGR return of 15.47% since inception. Over the last 1 year the fund has given a CAGR return of -0.21%.
Holdings
Groww Nifty Total Market Index Fund Direct Growth has allocated its funds majorly in Financial Services, Industrial, Consumer Cyclical, Tech, Basic Materials, Energy, Consumer Defensive, Health, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Bharti Airtel Ltd
Taxation
As it is a index funds 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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Groww Nifty Total Market Index Fund Direct Growth
The investment objective of the scheme is to achieve a return equivalent to the NiftyTotal Market Index-TRI subject to tracking error. This index is diversified throughout the Indian market across sectors and market caps and aims to benefit from India’s economic growth.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Groww Nifty Total Market Index Fund Direct Growth has no lock in period.
Groww Nifty Total Market Index Fund Direct Growth Overview
| Expense ratio | 0.4% |
Benchmark | Nifty Total Market TR INR |
| AUM | ₹274 Cr |
| Inception Date | 23 October, 2023 |
| Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 40.28% |
| STCG | Selling mutual fund 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 |
Fund Distribution
as on (31-Mar-25)
Large cap
69%
Mid cap
17.8%
Small cap
13.2%
Sector Allocation
Financial Services
29.8%
Industrial
11.4%
Consumer Cyclical
10.8%
Tech
9.8%
Basic Materials
8.7%
Energy
7.2%
Consumer Defensive
6.9%
Health
6.5%
Utilities
3.9%
Communication
3.7%
Real Estate
1.3%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 7.29% whereas the fund’s underlying benchmark Nifty 50 returns stands at 6.33% as on Mar'25
- This fund outperformed Nifty 50 by 0.96% in Mar'25
- AUM of the fund stands at 273.5 Cr as of Mar'25
- AUM increased by 26.2 Cr between Mar'25 and Feb'25
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 5.02% to 5.18%
Kotak Mahindra Bank Ltd's allocation increased from 1.65% to 1.74%
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 0.35% to 0.43%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 7.78 % to 7.57 %
Reliance Industries Ltd's allocation decreased from 4.81 % to 4.7 %
Infosys Ltd's allocation decreased from 3.59 % to 3.08 %
Mid Cap allocation has gone down from 17.8% to 17.8%
Large Cap allocation has gone down from 69.5% to 69%
Small Cap allocation has gone up from 12.7% to 13.2%
Cash allocation has gone up from -0.1% to -0%
Top 3 Sectors in March were Financial Services, Consumer Cyclical & Industrial
Mar'25
Financial Services
30%
Industrial
11%
Consumer Cyclical
11%
Feb'25
Financial Services
30%
Consumer Cyclical
11%
Industrial
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.57% | 2% | |
 ICICI Bank Ltd | 5.18% | 2% | |
 Reliance Industries Ltd | 4.7% | 1.8% | |
 Infosys Ltd | 3.08% | 1.9% | |
 Bharti Airtel Ltd | 2.53% | 2% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Groww Nifty Total Market Index Fund Direct Growth | -0.21% | - | - | 15.47% |
 Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth | 6.75% | 13.3% | - | 15.04% |
 UTI Nifty 50 Index Fund-Growth Option- Direct | 1.32% | 9.94% | 21.26% | 12.53% |
 SBI Nifty Index Fund Direct Growth | 1.3% | 9.93% | 21.2% | 12.24% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 5.6% |
 ICICI Bank Ltd | 3.4% |
Loading...
We are taking more time than usual
Fund House
Groww Asset Management Ltd.
Total Schemes
Total AUM
₹1.83K Cr
as on 31-Mar-2025
Address
Floor 12 A, Tower 2 A, One World Centre,,Jupiter Mills Compound Senapati Bapat Marg,Mumbai,Maharashtra
Phone
8050180222
Website
support@growwmf.in
Groww Nifty Total Market Index 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 15.47% since inception which is more than its category average return of 5.63%
Fund Allocations
This fund has an allocation of 100.04% in Equity, 0% in Debt and -0.04% in Cash related instruments
AUM size ₹274 Cr
This fund has AUM of ₹274 Cr which is less than its category average of ₹ 779 Cr
Expense Ratio 0.4%
This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 0.54%
More funds from Groww
5Y CAGR
▲ 23.18
5Y CAGR
▲ 19.38
5Y CAGR
▲ 19.94
Frequently Asked Questions for Groww Nifty Total Market Index Fund Direct Growth
The current NAV of Groww Nifty Total Market Index Fund Direct Growth is ₹12.67 as on 15-Apr-2025.
Existing (Absolute + CAGR) as on 15-Apr-2025.
Groww Nifty Total Market Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.19% | 2.19% |
6 Month Returns | -12.26% | -12.26% |
1 Year Returns | -0.21% | -0.21% |
3 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.
0.4% as on March 2025
₹274 Cr as on March 2025
HDFC Bank Ltd(7.57%), ICICI Bank Ltd(5.18%), Reliance Industries Ltd(4.7%), Infosys Ltd(3.08%), Bharti Airtel Ltd(2.53%) as on March 2025
Financial Services(29.8%), Industrial(11.38%), Consumer Cyclical(10.84%) as on March 2025
The alpha ratio for the Groww Nifty Total Market Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Groww Nifty Total Market Index Fund Direct Growth | - | - | - |
As on March 2025
The alpha for Groww Nifty Total Market Index Fund Direct Growth is calculated against Nifty Total Market 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 Nifty Total Market Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Groww Nifty Total Market Index Fund Direct Growth | - | - | - |
As on March 2025
The Beta for Groww Nifty Total Market Index Fund Direct Growth is calculated with Nifty Total Market 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 Nifty Total Market Index Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Groww Nifty Total Market Index Fund Direct Growth | 0.03 | - | - |
As on March 2025
The sharpe ratio for Groww Nifty Total Market Index Fund Direct Growth is calculated with Nifty Total Market 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 Nifty Total Market Index Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Groww Nifty Total Market Index Fund Direct Growth | 16.83 | - | - |
As on March 2025
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.
The Exit load of Groww Nifty Total Market Index Fund Direct Growth is 0.25%