Groww Nifty Total Market Index Fund Payout Inc Dist cum Cap Wdrl Direct Growth
Equity
Direct
Index Funds
NAV as on 17-12-2024
₹ 13.7
1D
Inception Returns
32.2%
/yr
About Groww Nifty Total Market Index Fund Payout Inc Dist cum Cap Wdrl Direct Growth
Groww Nifty Total Market Index Fund Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl Direct Growth has ₹255 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Groww Nifty Total Market Index Fund Payout Inc Dist cum Cap Wdrl Direct Growth has given a CAGR return of 32.22% since inception. Over the last 1 year the fund has given a CAGR return of 21.64%.
Holdings
Groww Nifty Total Market Index Fund Payout Inc Dist cum Cap Wdrl Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Basic Materials, Consumer Defensive, Energy, Health, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, ITC 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 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 Nifty Total Market Index Fund Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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17 people have invested ₹ 30.5K in Groww Nifty Total Market Index Fund Payout Inc Dist cum Cap Wdrl Direct Growth in the last three months
Groww Nifty Total Market Index Fund Payout Inc Dist cum Cap Wdrl Direct Growth Overview
| Expense ratio | 0.3% |
Benchmark | Nifty Total Market TR INR |
| AUM | ₹255 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 (30-Nov-24)
Large cap
68.4%
Mid cap
17.8%
Small cap
13.6%
Sector Allocation
Financial Services
28.1%
Industrial
11.9%
Consumer Cyclical
11.1%
Tech
10.9%
Basic Materials
8.7%
Consumer Defensive
7.1%
Energy
7%
Health
6.4%
Utilities
4%
Communication
3.5%
Real Estate
1.4%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 0.06% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.71% as on Nov'24
- This fund outperformed Nifty 50 by 0.77% in Nov'24
- AUM of the fund stands at 241.1 Cr as of Nov'24
- AUM increased by 0.3 Cr between Nov'24 and Oct'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 6.81% to 7.06%
Infosys Ltd's allocation increased from 3.27% to 3.47%
Tata Consultancy Services Ltd's allocation increased from 2.1% to 2.26%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 4.68 % to 4.54 %
ITC Ltd's allocation decreased from 2.35 % to 2.3 %
Axis Bank Ltd's allocation decreased from 1.71 % to 1.68 %
Mid Cap allocation has gone up from 17.8% to 17.8%
Large Cap allocation has gone up from 68.4% to 68.4%
Small Cap allocation has gone down from 13.6% to 13.6%
Cash allocation has gone down from 0.1% to 0%
Top 3 Sectors in November were Financial Services, Industrial & Consumer Cyclical
Nov'24
Financial Services
28%
Industrial
12%
Consumer Cyclical
11%
Oct'24
Financial Services
28%
Industrial
12%
Consumer Cyclical
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.06% | 5.9% | |
 ICICI Bank Ltd | 4.75% | 5.9% | |
 Reliance Industries Ltd | 4.54% | 5.9% | |
 Infosys Ltd | 3.47% | 5.9% | |
 ITC Ltd | 2.3% | 5.9% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 9.1% |
 Tata Consultancy Services Ltd | 7.7% |
 HDFC Bank Ltd | 7.5% |
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Fund House
Groww Asset Management Ltd.
Total Schemes
Total AUM
₹3.63K Cr
as on 29-Nov-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
Groww Nifty Total Market Index Fund Payout Inc Dist cum Cap Wdrl 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 32.22% since inception which is more than its category average return of 17.1%
Fund Allocations
This fund has an allocation of 99.97% in Equity, 0% in Debt and 0.03% in Cash related instruments
AUM size ₹255 Cr
This fund has AUM of ₹255 Cr which is less than its category average of ₹ 824 Cr
Expense Ratio 0.3%
This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.55%
Frequently Asked Questions for Groww Nifty Total Market Index Fund Payout Inc Dist cum Cap Wdrl Direct Growth
The current NAV of Groww Nifty Total Market Index Fund Payout Inc Dist cum Cap Wdrl Direct Growth is ₹13.7 as on 17-Dec-2024.
Existing (Absolute + CAGR) as on 17-Dec-2024.
Groww Nifty Total Market Index Fund Payout Inc Dist cum Cap Wdrl Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.33% | 5.33% |
6 Month Returns | 4.62% | 4.62% |
1 Year Returns | 21.64% | 21.64% |
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.
0.3% as on November 2024
₹255 Cr as on November 2024
HDFC Bank Ltd(7.06%), ICICI Bank Ltd(4.75%), Reliance Industries Ltd(4.54%), Infosys Ltd(3.47%), ITC Ltd(2.3%) as on November 2024
Financial Services(28.05%), Industrial(11.87%), Consumer Cyclical(11.1%) as on November 2024
The alpha ratio for the Groww Nifty Total Market Index Fund Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl Direct Growth | - | - | - |
As on November 2024
The alpha for Groww Nifty Total Market Index Fund Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl Direct Growth | - | - | - |
As on November 2024
The Beta for Groww Nifty Total Market Index Fund Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl Direct Growth | - | - | - |
As on November 2024
The sharpe ratio for Groww Nifty Total Market Index Fund Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl Direct Growth | - | - | - |
As on November 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.
The Exit load of Groww Nifty Total Market Index Fund Payout Inc Dist cum Cap Wdrl Direct Growth is 0.25%