Groww Large Cap Fund Direct-IDCW Monthly
(Scheme Rating)
NAV as of Jul 05, 2024
23.020.04%
- IDCW Monthly - Direct
(Earn upto 1.70% Extra Returns with Direct Plan)
Fund Category:
Equity: Large Cap
Expense Ratio:
0.60%(0.47% Category
average)Fund Size:
Rs. 121.26 Cr(0.03% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Groww Large Cap Fund Direct-IDCW Monthly
(Scheme Rating)
NAV as of Jul 05, 2024
23.020.04%
Expense Ratio:
0.60%
Fund Size:
Rs. 121.26 Cr
Fund Category:
Equity: Large Cap
1. Current NAV: The Current Net Asset Value of the Groww Large Cap Fund - Direct Plan as of Jul 05, 2024 is Rs 23.02 for IDCW Monthly option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 38.06% (1yr), 19.21% (3yr), 15.97% (5yr) and 14.37% (since launch). Whereas, Category returns for the same time duration are: 38.41% (1yr), 18.38% (3yr) and 17.34% (5yr).
3. Fund Size: The Groww Large Cap Fund - Direct Plan currently holds Assets under Management worth of Rs 121.26 crore as on May 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.6% for Direct plan as on May 31, 2024.
5. Exit Load: Groww Large Cap Fund - Direct Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 7 days."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Groww Large Cap Fund Direct-IDCW Monthly Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 8.15 10.80 19.51 39.25 19.63 16.41 Category Avg 8.09 10.69 18.95 39.64 18.71 17.70 Rank within Category 43 37 32 35 26 42 No. of funds within Category 163 162 156 150 108 91 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY 100 Total Return Index
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Groww Large Cap Fund Direct-IDCW Monthly Fund Details
Investment Objective - The scheme seeks to achieve long-term appreciation from a portfolio that invests predominantly in equity and equity related securities of blue chip large cap companies.
Fund House | Groww Mutual Fund |
Launch Date | Mar 01, 2017 |
Benchmark | NIFTY 100 Total Return Index |
Return Since Launch | 14.53% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | Average |
Return Grade | Average |
Groww Large Cap Fund Direct-IDCW Monthly Investment Details
Minimum Investment (Rs.) | 100.00 |
Minimum Additional Investment (Rs.) | 100.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | 100.00 |
Exit Load Exit load of 1%, if redeemed within 7 days. |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | JAN 2024 | DEC 2023 | |
---|---|---|---|---|---|---|
Number of Holdings | 38 | 40 | 40 | 40 | 39 | 40 |
Top 5 Company Holdings | 36.8% | 36.53% | 36.54% | 35.69% | 34.69% | 30.98% |
Top 10 Company Holdings | 53.5% | 52.57% | 51.94% | 51.2% | 51.61% | 47.41% |
Company with Highest Exposure | HDFC Bank (9.37%) | HDFC Bank (9.38%) | HDFC Bank (9.12%) | HDFC Bank (8.98%) | ICICI Bank (8.77%) | ICICI Bank (8.56%) |
Number of Sectors | 13 | 12 | 12 | 12 | 13 | 13 |
Top 3 Sector Holdings | 51.48% | 53.9% | 53.84% | 53.96% | 55.62% | 55.62% |
Top 5 Sector Holdings | 68.37% | 71.73% | 73.75% | 73.43% | 74.89% | 71.82% |
Sector with Highest Exposure | Financial (31.7%) | Financial (32.07%) | Financial (31.2%) | Financial (30.69%) | Financial (29.49%) | Financial (29.68%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 9.37 19.57 84.20 -2.31 Larsen & Toubro Construction 9.16 38.18 95.00 49.49 ICICI Bank Financial 9.01 19.11 64.53 19.58 Reliance Industries Energy 5.52 30.88 102.90 18.45 Bharti Airtel Communication 3.74 115.79 12.35 71.00 NTPC Energy 3.72 17.70 21.46 97.26 State Bank of India Financial 3.41 11.25 76.40 43.42 Axis Bank Financial 3.27 15.06 85.49 21.75 Mahindra & Mahindra Automobile 3.21 31.79 90.62 108.47 Indigo Services 3.09 20.42 211.73 77.57
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Groww Large Cap Fund Direct-IDCW Monthly 23.02 121.26 8.15 39.25 19.63 16.41 JM Large Cap Fund Direct Plan-IDCW Monthly 74.80 191.85 9.65 48.30 23.41 20.59
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
12.84VS13.41Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
0.97VS0.98Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
1.01VS0.96Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
13.43VS13.16Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
1.18VS0.93Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
18.48VS18.34Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Groww Mutual Fund News
- Groww mutual fund issue: What investors can do to safeguard their investments
- Groww Mutual Fund files draft document with Sebi for Nifty EV & New Age Automotive FOF
- Groww Mutual Fund files draft documents for Nifty EV & New Age Automotive ETF
- Groww Mutual Fund launches Nifty Non-Cyclical Consumer Index Fund
Fund Manager
- A.T.Anupam TiwariSince May 20232 schemes
Mr. Tiwari is a Chartered Accountant. Prior to joining Groww Mutual Fund (formerly, Indiabulls Mutual Fund), he was associated with Axis Mutual Fund, Principal Mutual Fund (July 25, 2011-Sep 21, 2016), Reliance Life Insurance Ltd. (Sep 22, 2010-Jul 15, 2011) and Reliance MF (Mar 21, 2005-Sep 21, 2010).
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Groww Aggressive Hybrid Fund Direct-IDCW Monthly Aggressive Hybrid 22.74 42.04 31.87 Groww Value Fund Direct-IDCW Monthly Value Oriented 22.53 19.93 44.04
More Groww Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Groww Liquid Direct Fund-Growth | 191.09 | 0.60 | 1.85 | 3.61 | 7.10 | 5.16 | |
Groww Large Cap Fund Direct Fund-Growth | 116.03 | 3.40 | 10.15 | 18.47 | 36.24 | 15.88 | |
Groww Nifty Total Market Index Fund Direct - Growth | 103.60 | 1.38 | 7.86 | - | - | - | |
Groww Overnight Fund Direct - Growth | 73.08 | 0.51 | 1.65 | 3.35 | 6.55 | 4.93 | |
Groww ELSS Tax Saver Fund Direct - Growth | 43.89 | 1.17 | 8.93 | 19.26 | 39.16 | 16.82 | |
Groww Aggressive Hybrid Fund Direct - Growth | 39.87 | 2.56 | 8.66 | 15.44 | 28.89 | 14.08 | |
Groww Short Duration Fund Direct-Growth | 38.10 | 0.67 | 2.33 | 4.07 | 7.07 | 5.14 | |
Groww Dynamic Bond Fund Direct - Growth | 37.74 | 0.82 | 2.87 | 4.39 | 7.05 | 5.31 | |
Groww Banking & Financial Services Fund Direct - Growth | 31.81 | 0.63 | - | - | - | - | |
Groww Value Fund Direct-Growth | 16.26 | 2.26 | 9.23 | 21.63 | 45.58 | 19.86 |
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1. Groww Large Cap Fund - Direct Plan is Open-ended Large Cap Equity scheme which belongs to Groww Mutual Fund House.
2. The fund was launched on Mar 01, 2017.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to achieve long-term appreciation from a portfolio that invests predominantly in equity and equity related securities of blue chip large cap companies. "
2. It is benchmarked against NIFTY 100 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.77% in equities, 2.69% in debts and -2.45% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 53.5% of the assets, the top 3 sectors constitute around 51.48% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Groww Large Cap Fund Direct-IDCW Monthly
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
FAQs about Groww Large Cap Fund Direct-IDCW Monthly
- Is it safe to invest in Groww Large Cap Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Groww Large Cap Fund - Direct Plan comes under Very High risk category.
- What is the category of Groww Large Cap Fund - Direct Plan?Groww Large Cap Fund - Direct Plan belongs to the Equity : Large Cap category of funds.
- How Long should I Invest in Groww Large Cap Fund - Direct Plan?The suggested investment horizon of investing into Groww Large Cap Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Groww Large Cap Fund - Direct Plan?The Groww Large Cap Fund - Direct Plan is managed by Anupam Tiwari (Since May 04, 2023) and Madhu Babu (Since Nov 30, 2023).
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