FAQ : Groww Nifty Total Market Index Fund - Regular Plan - Growth

Groww Nifty Total Market Index Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) N/A N/A N/A N/A
Average Rolling Returns(%) N/A N/A N/A N/A

The Current NAV of Groww Nifty Total Market Index Fund - Regular Plan - Growth is ₹12.01.

It is better to invest in a fund with a longer track record as Groww Nifty Total Market Index Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark Nifty Total Market - TRI returns, as Funds portfolio is significantly different.

Groww Nifty Total Market Index Fund - Regular Plan - Growth fund’s expense ratio is 1.00%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Groww Nifty Total Market Index Fund - Regular Plan - Growth is currently ₹90 Crores.

The Top three stocks are HDFC Bank, Reliance Industries and ICICI Bank and account for 17% of its portfolio. Top 5 and 10 stocks of fund account for 23% and 33% of fund’s portfolio respectively.

Top three sectors of Groww Nifty Total Market Index Fund - Regular Plan - Growth fund are BFSI, IT and Construction & Infrastructure accounting for 49% of the total portfolio.

Since this is a Index Funds - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Groww Nifty Total Market Index Fund - Regular Plan - Growth Fund is Index Funds - Other.

Abhishek Jain and Madhu Babu manage the Groww Nifty Total Market Index Fund - Regular Plan - Growth Fund.

Groww Nifty Total Market Index Fund - Regular Plan - Growth current PE ratio is 38.24 and PB ratio is 7.02

The asset allocation of Groww Nifty Total Market Index Fund - Regular Plan - Growth is Stocks : 100.21%, Debt : -0.06% and Gold : 0%

The minimum SIP amount for Groww Nifty Total Market Index Fund - Regular Plan - Growth is ₹10.00 and minimum lumpsum is ₹10.00

The exit load for Groww Nifty Total Market Index Fund - Regular Plan - Growth is Nil

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