3 Year return

0
Launched on October 2023 (1 year)

Investment Details

₹500

Minimum SIP Amount

₹500

Minimum one time investment

Fund has no lock-in period

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Based on past performance of this fund

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Your Investment ₹3,00,000
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  • Total Value

Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹254.89 Cr.

Expense Ratio

0.3% (inclusive of GST)

Exit Load

0.25% 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

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year:

20% tax on gains

Withdrawal after 1 year:

12.5% tax on gains above ₹1.25 lakh per financial year

Fund Holdings

Holdings

Groww Mutual Fund Managers

AT

Anupam Tiwari

Fund Manager since Oct 2023

View Details

Fund House Details

Groww Mutual Fund

Groww Mutual Fund Asset management company

AUM ₹1,091.39 Cr.
No. of Schemes 76
Setup Date March 2011

Peer Comparison

Comparison with other similar funds

Schemes by Groww Mutual Fund

List of mutual fund schemes by AMC

Key Features of The Fund

5-year return NA
Expense Ratio 0.3%
Fund Manager Anupam Tiwari
Fund Size ₹254.89 Cr
Risk Profile Very High

AMC Contact Details

Name Groww Mutual Fund
Launch Date March 2011
Addresss 1202A, Floor 12A, Tower 2 A, One World Centre, Jupiter Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400013, Maharashtra
Contact 91 80501 80222
Email support@growwmf.in
Website https://www.growwmf.in/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of Groww Nifty Total Market Index Fund Direct Plan IDCW Reinvestment Reinvestment?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Groww Nifty Total Market Index Fund Direct Plan IDCW Reinvestment Reinvestment Dec 12 2024 is 13.891

What is the AUM of Groww Nifty Total Market Index Fund Direct Plan IDCW Reinvestment Reinvestment?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Groww Nifty Total Market Index Fund Direct Plan IDCW Reinvestment Reinvestment is 254.89 crore.

What is the expense ratio of Groww Nifty Total Market Index Fund Direct Plan IDCW Reinvestment Reinvestment?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Groww Nifty Total Market Index Fund Direct Plan IDCW Reinvestment Reinvestment is 0.3%

What are the returns of Groww Nifty Total Market Index Fund Direct Plan IDCW Reinvestment Reinvestment since inception?

The Groww Nifty Total Market Index Fund Direct Plan IDCW Reinvestment Reinvestment was launched on Oct 03 2023. The fund has delivered a CAGR of 33.42 since inception.

What is the minimum SIP amount to invest in Groww Nifty Total Market Index Fund Direct Plan IDCW Reinvestment Reinvestment?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Groww Nifty Total Market Index Fund Direct Plan IDCW Reinvestment Reinvestment is 500.

How do I invest in Groww Nifty Total Market Index Fund Direct Plan IDCW Reinvestment Reinvestment?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Groww Nifty Total Market Index Fund Direct Plan IDCW Reinvestment Reinvestment?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Groww Nifty Total Market Index Fund Direct Plan IDCW Reinvestment Reinvestment?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Groww Nifty Total Market Index Fund Direct Plan IDCW Reinvestment Reinvestment?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.