CASPeR Ranking #140
Groww Aggressive Hybrid Fund Direct Growth
NAV (Tue Sep 10 2024)
₹23
Returns (Since Inception)
14.92%
Category Average
15.46%
Rating
3
Allocation and Holdings
Asset class
Weightage
Unknown
17.18%
Financial Services
21.18%
Industrials
9.41%
Communication Services
4.00%
Technology
3.30%
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Overall rating
Scheme Information
Fund name
Groww Aggressive Hybrid Fund Direct Growth
Minimum SIP
100
Risk Level
Very High Risk
AUM
₹44.41 Cr
ISIN
INF666M01FA3
Inception Date
Dec 14 2018
Standard Deviation
9.553
Beta
1.05
Sharpe Ratio
0.937
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
Expense Ratio
0.850%
Exit Load
1% if redeemed/ switched out within 7 Days from the date of allotment, Nil if redeemed/ switched out after 7 Days from the date of allotment
Risk
Very High Risk
Investment Objective
The Scheme seeks to generate periodic return and long term capital appreciation from a judicious mix of equity and debt instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Fund Managers
Sumit Bhatnagar
Karan Singh
About the AMC
Groww Asset Management Ltd.
Phone Number
80501 80222Email Address
support@growwmf.inCorporate Office Address
Floor 12 A, Tower 2 A, One World Centre,,Jupiter Mills Compound Senapati Bapat Marg,Mumbai,MaharashtraOverall AUM
₹44.41 Cr
Website
www.growwmf.inPopular Allocation funds
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frequently asked questions
view all FAQsWhat is the current NAV of Groww Aggressive Hybrid Fund Direct Growth?
The NAV of Groww Aggressive Hybrid Fund Direct Growth is ₹23 as of Tue Sep 10 2024.
Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.
Who is the fund manager of Groww Aggressive Hybrid Fund Direct Growth?
Sumit Bhatnagar is the current fund manager of Groww Aggressive Hybrid Fund Direct Growth as on Tue Sep 10 2024. A fund manager's performance history, investment style and strategy, approach to risk management, tenure and experience, fees and charges, and alignment with investor goals all have an impact on the fund performance.
What is the expense ratio of Groww Aggressive Hybrid Fund Direct Growth?
The Expense Ratio of Groww Aggressive Hybrid Fund Direct Growth is 85.00% as of Tue Sep 10 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 85.00% of those returns will be retained by the AMC.
The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).
Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.
What is the minimum SIP amount of Groww Aggressive Hybrid Fund Direct Growth?
The minimum Systematic Investment Plan (SIP) amount required for Groww Aggressive Hybrid Fund Direct Growth is ₹100. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.
What is the minimum lump sum amount required to invest in Groww Aggressive Hybrid Fund Direct Growth?
To initiate a lump sum investment in Groww Aggressive Hybrid Fund Direct Growth, a minimum initial amount of ₹100 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.
What is risk category of the Groww Aggressive Hybrid Fund Direct Growth?
In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of Groww Aggressive Hybrid Fund Direct Growth is classified as Very High Risk.
What is the category of Groww Aggressive Hybrid Fund Direct Growth?
The category of the Groww Aggressive Hybrid Fund Direct Growth is Allocation.