- Mutual Funds
- Groww Nifty Total Market Index Fund-Direct (IDCW)
Groww Nifty Total Market Index Fund-Direct (IDCW)
Index Fund
- NAV 13.85 (1.61%)
- Fund Size (Cr) ₹175.22
- Expense Ratio 0.25
- Scheme Type Passive Fund
-
Value Research
- Minimum investment ₹100
- Minimum Additional Investment ₹100
- Minimum SIP Investment ₹10
- Minimum Withdrawal ₹100
-
Exit Load
0%
- Return Since Launch 36.32%
Basic Details
Abhishek Jain
Nifty Total Market Index - TRI
OPEN
Lumpsum Returns
Note: Lumpsum Returns since Inception Date.
SIP Returns
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
-
Investment Type
-
Monthly Investment
₹ -
Expected Returns Rate
% -
Time Period
yrs
Total of your Investment will be
₹ 0
Returns
-
Invested Amount
0
-
Estimated Returns
0
-
Select Scheme
-
Investment Type
-
Monthly Investment
₹ -
Time Period
Total of your Investment will be
₹ 0
Returns
-
Invested Amount
0
-
Estimated Returns
0
Risk Ratios
-
Standard Deviation
3.08% -
Beta
0.88% -
Sharpe Ratio
3.63% -
Treynor’s Ratio
0.17% -
Jension’s Alpha
15.76%
Asset Allocation
There is no Asset Allocation data.
Sector Allocation
There is no Sector Allocation data.
Top 10 stock holding in portfolio
Peer Comparison
- Scheme Name
- Value Research
- Asset Size (Cr)
- 1M
- 3M
- 6M
- 1Y
- 3Y
-
Groww Nifty Total Market Index Fund-Direct (IDCW)
- 175.22
- 2.56%
- 10.33%
- 18.54%
- -
- -
-
Motilal Oswal BSE Enhanced Value Index Fund-Dir (G)
- 687.02
- 4.41%
- 9.08%
- 29.52%
- 86.12%
- -
-
UTI-Nifty 500 Value 50 Index Fund - Direct (G)
- 308.39
- 3.12%
- 9.27%
- 28.95%
- 84.23%
- -
-
Motilal Oswal Nifty Microcap 250 Index Fund-Dir (G)
- 1167.74
- 5.00%
- 15.82%
- 21.40%
- 70.37%
- -
-
Edelweiss Nifty Midcap150 Momentum 50 Index Fund-Dir (IDCW)
- 459.96
- 0.46%
- 13.86%
- 24.34%
- 67.70%
- -
-
Edelweiss Nifty Midcap150 Momentum 50 Index Fund-Dir (G)
- 459.96
- 0.46%
- 13.86%
- 24.34%
- 67.70%
- -
News
-
Groww MF Announces change in fund managers under its schemes
Groww Mutual Fund has announced the following change in the fund managers of certain schemes of the fund, with effect from 10 June 2024
Change in Fund Management Responsibilities:
Name of the Scheme Existing Fund Manager(s) Revised Fund Manager(s) Groww ELSS Tax Saver Fund Mr. Anupam Tiwari, Mr Madhu Babu & Mr. Kaustubh Sule Mr. Anupam Tiwari & Mr Madhu Babu Groww Value Fund Mr. Anupam Tiwari & Mr. Kaustubh Sule Mr. Anupam Tiwari Powered by Capital Market - Live News
-
Groww MF Announces Change In the Benchmark
Groww Mutual Fund has announced Change in the Benchmark of Union Large & Midcap Fund under the following scheme, with effect from 01 June 2024
Name of the Scheme Existing Benchmark Revised Benchmark Groww ELSS Tax Saver Fund ?S&P BSE 500 TRI? ?BSE 500 TRI? Powered by Capital Market - Live News
-
Groww Mutual Fund Announces Appointment of Key Personnel
Groww Mutual Fund has announced that Mr. Nirav Satish Bhanushali has been appointed as an Research Associate - Equity (?Key Personnel') of Groww Asset Management Limited (formerly known as Indiabulls Asset Management Co. Ltd.) (AMC) w.e.f. May 23, 2024.
Details of Mr. Nirav Satish Bhanushali
Age: 26 years
Designation: Research Associate - Equity
Qualification: CFA Level 3 passed, B. Com (Accounting & Finance) from K.J. Somaiya college of Science & Commerce.
Powered by Capital Market - Live News
Fund House Details & Investment Objective
-
Date of Incorporation
03-Oct-2023
-
Total AUM (Cr)
₹175.22
Groww Nifty Total Market Index Fund-Direct (IDCW) is an Index Fund-oriented fund from the renowned AMC, Groww Mutual Fund. Launched in Oct 2023, this fund is managed by Abhishek Jain. With assets under management (AUM) worth ₹175.22 (Cr), as of 26-Jul-2024, Groww Nifty Total Market Index Fund-Direct (IDCW) is categorized as a Index Fund within its segment. The fund has generated a return of 36.32% since its launch.
The current NAV of Groww Nifty Total Market Index Fund-Direct (IDCW) is ₹13.85, as on 26-Jul-2024. The fund’s benchmark index is Nifty Total Market Index - TRI. You can invest in Groww Nifty Total Market Index Fund-Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹10 while the minimum lumpsum investment is ₹100.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated - and - CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 99.45% in Equity and 0.54% in cash and cash equivalents
The top 5 sectors the fund invests in are: 19.28% in Banks, 8.02% in IT-Software, 6.47% in Petroleum Products, 5.86% in Finance and 5.04% in Automobiles.
FAQs on Groww Nifty Total Market Index Fund-Direct (IDCW)
Groww Nifty Total Market Index Fund-Direct (IDCW) is a popular fund in the Index Fund segment. The fund has generated a return of 36.32% since inception. Looking to invest in Groww Nifty Total Market Index Fund-Direct (IDCW)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Groww Nifty Total Market Index Fund-Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, Groww Nifty Total Market Index Fund-Direct (IDCW)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in Groww Nifty Total Market Index Fund-Direct (IDCW) today and reap the benefits of this Index Fund fund!
In the short term, i.e., 1 year, Groww Nifty Total Market Index Fund-Direct (IDCW) has generated annualised return of -. In the long-term, the fund has generated - and - in 3 and 5 years respectively. Since its inception, the fund has generated 36.32% returns.
The expense ratio of Groww Nifty Total Market Index Fund-Direct (IDCW) Direct Growth is 0.25%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.
The Assets Under Management (AUM) of Groww Nifty Total Market Index Fund-Direct (IDCW) is ₹175.22 (Cr) as of 26 July 2024. AUM shows the fund’s popularity and is often indicative of fund strength.
Redeeming or selling units of Groww Nifty Total Market Index Fund-Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from Groww Nifty Total Market Index Fund-Direct (IDCW):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case Groww Nifty Total Market Index Fund-Direct (IDCW)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Yes, you can invest both lumpsum and SIP in Groww Nifty Total Market Index Fund-Direct (IDCW). Minimum lumpsum investment Groww Nifty Total Market Index Fund-Direct (IDCW) is ₹100 and minimum SIP amount is ₹10. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.
The latest NAV (Net Asset Value) of Groww Nifty Total Market Index Fund-Direct (IDCW) is ₹13.85 as on 26 July 2024.
The 5 biggest stock holdings of Groww Nifty Total Market Index Fund-Direct (IDCW) are:
HDFC Bank (6.67%), Reliance Industr (5.57%), ICICI Bank (4.44%), Infosys (2.98%), Larsen & Toubro (2.18%)
A majority of Groww Nifty Total Market Index Fund-Direct (IDCW) 's AUM worth ₹175.22 (Cr) is invested in these 3 top sectors:
- Banks: 19.28%
- IT-Software: 8.02%
- Petroleum Products: 6.47%
Power your investments with our smart trading platforms
For a powerful, stable and secure experience,
download m.Stock App & set up your lifetime Zero brokerage account @ one-time fee of ₹999
-
Scan QR code to download
- OR
-
Enter number to get app link
+91
