Groww Nifty Total Market Index Fund-Direct (IDCW)


Index Fund
  • NAV 12.03 (-0.47%)
  • Fund Size (Cr) ₹113.05
  • Expense Ratio 0.25
  • Scheme Type Passive Fund
  • Value Research Stars
  • Minimum investment ₹10
  • Minimum Additional Investment ₹10
  • Minimum SIP Investment ₹10
  • Minimum Withdrawal ₹100
  • Exit Load 0%
  • Return Since Launch 20.87%

Basic Details

Scheme Manager
Abhishek Jain
Bench Mark
Nifty Total Market Index - TRI
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 09-Apr-24
  • 9823.56
  • -1.76%
  • -
  • -0.97%
  • 526/741
  • 1 Month
  • 15-Mar-24
  • 10313.31
  • 3.13%
  • -
  • 1.79%
  • 182/729
  • 3 Month
  • 16-Jan-24
  • 10293.28
  • 2.93%
  • -
  • 3.02%
  • 207/695
  • 6 Month
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 1 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • Since Inception
  • 23-Oct-23
  • 12087.40
  • 20.87%
  • 20.87%
  • 13.93%
  • 146/741

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Nov-23
  • 60000
  • 63876.00
  • 6.46%
  • 6.46%
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • 10 Year
  • -
  • -
  • -
  • -
  • -

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

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  • Invested Amount

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  • Estimated Returns

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Risk Ratios

  • Standard Deviation
    3.28%
  • Beta
    0.90%
  • Sharpe Ratio
    4.22%
  • Treynor’s Ratio
    0.21%
  • Jension’s Alpha
    18.92%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • HDFC Bank
  • 6.48%
  • 50634
  • 7.33
  • Equity
  • Banks
  • Reliance Industr
  • 5.99%
  • 22775
  • 6.77
  • Equity
  • Refineries
  • ICICI Bank
  • 4.57%
  • 47273
  • 5.17
  • Equity
  • Banks
  • Infosys
  • 3.18%
  • 24033
  • 3.60
  • Equity
  • IT - Software
  • Larsen & Toubro
  • 2.65%
  • 7959
  • 3.00
  • Equity
  • Infrastructure Developers & Operators
  • TCS
  • 2.34%
  • 6821
  • 2.64
  • Equity
  • IT - Software
  • ITC
  • 2.26%
  • 59664
  • 2.56
  • Equity
  • Tobacco Products
  • Bharti Airtel
  • 1.90%
  • 17514
  • 2.15
  • Equity
  • Telecomm-Service
  • Axis Bank
  • 1.77%
  • 19115
  • 2.00
  • Equity
  • Banks
  • St Bk of India
  • 1.72%
  • 25837
  • 1.94
  • Equity
  • Banks

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Groww Nifty Total Market Index Fund-Direct (IDCW)
  • Stars
  • 113.05
  • 3.13%
  • 2.93%
  • -
  • -
  • -
  • Motilal Oswal S&P BSE Enhanced Value Index Fund-Dir (G)
  • Stars
  • 342.57
  • 7.76%
  • 14.59%
  • 46.87%
  • 92.46%
  • -
  • AXIS Nifty Smallcap 50 Index Fund - Dir (G)
  • Stars
  • 240.82
  • 10.75%
  • 4.14%
  • 26.85%
  • 77.21%
  • -
  • AXIS Nifty Smallcap 50 Index Fund - Dir (IDCW)
  • Stars
  • 240.82
  • 10.75%
  • 4.14%
  • 26.85%
  • 77.21%
  • -
  • Aditya Birla SL Nifty Smallcap 50 IF - Dir (G)
  • Stars
  • 131.53
  • 10.60%
  • 3.80%
  • 27.03%
  • 76.36%
  • 22.84%
  • Aditya Birla SL Nifty Smallcap 50 IF - Dir (IDCW)
  • Stars
  • 131.53
  • 10.60%
  • 3.80%
  • 27.03%
  • 76.36%
  • 22.83%

News

  • Groww MF Announces change in fund managers under its schemes Groww Mutual Fund has announced change in fund managers under the following schemes, with effect from 15 April 2024.

    Change in Fund Management Responsibilities:

    Name of the Scheme Existing Fund Managers Revised Fund Managers
    Groww Overnight Fund Mr. Kaustubh Sule & Mr. Karan Singh Mr. Kaustubh Sule
    Groww Liquid Fund Mr. Kaustubh Sule & Mr. Karan Singh Mr. Kaustubh Sule
    Groww Short Duration Fund Mr. Kaustubh Sule & Mr. Karan Singh Mr. Kaustubh Sule

    Powered by Capital Market - Live News

  • Groww Banking & Financial Services Fund Announces change in Exit Load Structure Groww Mutual Fund has announced that, there is revision in the exit load structure of Groww Banking & Financial Services Fund An open ended equity scheme investing in banking and financial services related sectors) with effect from April 01, 2024(?effective date?).

    Change in Exit Load:

    Name of the Scheme Existing Exit Load Revised Exit Load
    Groww Banking & Financial Services Fund Nil ? For redemption / switch-out of units on or before 30 days from the date of allotment: 1.00% of applicable NAV

    ? For redemption / switch-out of units after 30 days from the date of allotment: Nil

    Powered by Capital Market - Live News

  • Groww Mutual Fund Announces change in benchmark under its schemes Groww Mutual Fund has announced change in benchmark index of the below mentioned scheme of Groww Asset Management Limited (formerly known as Indiabulls Asset Management Co. Ltd.) (AMC) has been modified effective 01 March 2024:

    Name of the Scheme Existing Benchmark Proposed Benchmark
    Groww Dynamic Bond Fund (formerly known as Indiabulls Dynamic Bond Fund) CRISIL Dynamic Bond B-III Index CRISIL Dynamic Bond A-III Index
    Groww Liquid Fund (formerly known as Indiabulls Liquid Fund) CRISIL Liquid Debt B-I Index CRISIL Liquid Debt A-I Index
    Groww Short Duration Fund (formerly known as Indiabulls Short Term Fund) CRISIL Short Duration Debt B-II Index CRISIL Short Duration Debt A-II Index

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 03-Oct-2023
  • Total AUM (Cr) ₹113.05

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 ₹113.05 (Cr), as of 18-Apr-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 20.87% since its launch.
The current NAV of Groww Nifty Total Market Index Fund-Direct (IDCW) is ₹12.03, as on 18-Apr-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 ₹10.
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 100.03% in Equity and -0.04% in cash and cash equivalents
The top 5 sectors the fund invests in are: 19.03% in Banks, 10.13% in IT-Software, 7.05% in Petroleum Products, 5.43% in Finance and 4.76% 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 20.87% 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 20.87% 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 ₹113.05 (Cr) as of 18 April 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 ₹10 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 ₹12.03 as on 18 April 2024.

The 5 biggest stock holdings of Groww Nifty Total Market Index Fund-Direct (IDCW) are:
HDFC Bank (6.48%), Reliance Industr (5.99%), ICICI Bank (4.57%), Infosys (3.18%), Larsen & Toubro (2.65%)

A majority of Groww Nifty Total Market Index Fund-Direct (IDCW) 's AUM worth ₹113.05 (Cr) is invested in these 3 top sectors:

  • Banks: 19.03%
  • IT-Software: 10.13%
  • Petroleum Products: 7.05%

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