INF666M01HM4

Groww Nifty Total Market Index Fund Direct Growth

Very High Risk Index Funds Equity

NAV (Tue Sep 17 2024)

₹14

Returns (Since Inception)

0.00%

Category Average

0.00%

Rating

NA

Allocation and Holdings

Asset class

Weightage

Financial Services

13.69%

Energy

5.09%

Technology

5.80%

Consumer Defensive

2.31%

Industrials

2.16%

Communication Services

2.12%

ad banner to download
Get your personalized mutual fund portfolio in 2 minutes.
rating icon4.5

Overall rating

100K+Downloads

Scheme Information

Fund name

Groww Nifty Total Market Index Fund Direct Growth


Minimum SIP

100


Risk Level

Very High Risk


AUM

₹219.43 Cr


ISIN

INF666M01HM4


Inception Date

Oct 23 2023


Standard Deviation

-


Beta

-


Sharpe Ratio

-


Benchmark


Expense Ratio

0.250%


Exit Load

NIL

Risk

Very High Risk

Investment Objective

The investment objective of the scheme is to achieve a return equivalent to the NiftyTotal Market Index-TRI subject to tracking error. This index is diversified throughout the Indian market across sectors and market caps and aims to benefit from India’s economic growth.

Fund Managers

N.A.

About the AMC

Groww Asset Management Ltd.


Phone Number

80501 80222

Email Address

support@growwmf.in

Corporate Office Address

Floor 12 A, Tower 2 A, One World Centre,,Jupiter Mills Compound Senapati Bapat Marg,Mumbai,Maharashtra

Overall AUM

₹219.43 Cr


Popular Equity funds

View all Funds

Expert designed mutual fund portfolios

Mutual Funds are a smart way to grow your money. They can help you achieve your financial goals as they have the potential to generate higher-than-inflation returns.

Mutual fund cover img

frequently asked questions

view all FAQs
arrow

What is the current NAV of Groww Nifty Total Market Index Fund Direct Growth?

The NAV of Groww Nifty Total Market Index Fund Direct Growth is ₹14 as of Tue Sep 17 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.

arrow

What is the expense ratio of Groww Nifty Total Market Index Fund Direct Growth?

The Expense Ratio of Groww Nifty Total Market Index Fund Direct Growth is 25.00% as of Wed Sep 18 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 25.00% 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.

arrow

What is the minimum SIP amount of Groww Nifty Total Market Index Fund Direct Growth?

The minimum Systematic Investment Plan (SIP) amount required for Groww Nifty Total Market Index 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.

arrow

What is the minimum lump sum amount required to invest in Groww Nifty Total Market Index Fund Direct Growth?

To initiate a lump sum investment in Groww Nifty Total Market Index 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.

arrow

What is risk category of the Groww Nifty Total Market Index 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 Nifty Total Market Index Fund Direct Growth is classified as Very High Risk.

arrow

What is the category of Groww Nifty Total Market Index Fund Direct Growth?

The category of the Groww Nifty Total Market Index Fund Direct Growth is Equity.

it’s time to grow your wealth

3 users1+ Lac investors are growing their wealth with Stack.
stack mb