Groww Multi Asset Allocation Fund Direct Growth

Fund Overview

Fund Size

₹351 Cr

Expense Ratio

0.45%

ISIN

INF666M01MA9

Minimum SIP

₹500

Exit Load

1.00%

Inception Date

03 Oct 2025

About this fund

Groww Multi Asset Allocation Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by Groww Mutual Fund. This fund has been in existence for 3 months and 24 days, having been launched on 03-Oct-25.
As of 23-Jan-26, it has a Net Asset Value (NAV) of ₹10.44, Assets Under Management (AUM) of 350.76 Crores, and an expense ratio of 0.45%.

Groww Multi Asset Allocation Fund Direct Growth has given a CAGR return of 4.20% since inception.
The fund's asset allocation comprises around 65.26% in equities, 0.00% in debts, and 23.36% in cash & cash equivalents.
You can start investing in Groww Multi Asset Allocation Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+4.20%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2025

Equity	₹228.9 Cr	65.26%
Others	₹121.86 Cr	34.74%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Net Receivable/Payable	Cash	₹47.67 Cr	13.59%
Groww Gold ETF	Mutual Fund - ETF	₹41.01 Cr	11.69%
HDFC Bank Ltd	Equity	₹23.47 Cr	6.69%
Reliance Industries Ltd	Equity	₹13.44 Cr	3.83%
ICICI Bank Ltd	Equity	₹12.25 Cr	3.49%
National Bank For Agriculture & Rural Development**	Cash - CD/Time Deposit	₹9.88 Cr	2.82%
Hero MotoCorp Ltd	Equity	₹9.32 Cr	2.66%
Bajaj Finance Ltd	Equity	₹8.45 Cr	2.41%
Punjab National Bank (18/03/2026)	Cash - CD/Time Deposit	₹7.9 Cr	2.25%
Groww Silver ETF	Mutual Fund - ETF	₹7.7 Cr	2.20%
Bharti Airtel Ltd	Equity	₹7.67 Cr	2.19%
Bank Of Baroda	Cash - CD/Time Deposit	₹7.42 Cr	2.11%
Larsen & Toubro Ltd	Equity	₹6.95 Cr	1.98%
Future on Hero MotoCorp Ltd	Equity - Future	₹-6.86 Cr	1.96%
Infosys Ltd	Equity	₹6.61 Cr	1.88%
State Bank of India	Equity	₹6.31 Cr	1.80%
Mahindra & Mahindra Ltd	Equity	₹5.49 Cr	1.57%
Kotak Mahindra Bank Ltd	Equity	₹5.03 Cr	1.43%
Future on Bajaj Finance Ltd	Equity - Future	₹-4.92 Cr	1.40%
Axis Bank Ltd	Equity	₹4.91 Cr	1.40%
ITC Ltd	Equity	₹4.67 Cr	1.33%
Ashok Leyland Ltd	Equity	₹4.18 Cr	1.19%
Maruti Suzuki India Ltd	Equity	₹4.1 Cr	1.17%
Future on HDFC Bank Ltd	Equity - Future	₹-4.06 Cr	1.16%
Apollo Hospitals Enterprise Ltd	Equity	₹3.79 Cr	1.08%
The Federal Bank Ltd	Equity	₹3.71 Cr	1.06%
InterGlobe Aviation Ltd	Equity	₹3.35 Cr	0.96%
Hindalco Industries Ltd	Equity	₹3.35 Cr	0.95%
Cholamandalam Financial Holdings Ltd	Equity	₹3.35 Cr	0.95%
Tata Steel Ltd	Equity	₹3.33 Cr	0.95%
FSN E-Commerce Ventures Ltd	Equity	₹3.25 Cr	0.93%
Eternal Ltd	Equity	₹2.96 Cr	0.84%
AU Small Finance Bank Ltd	Equity	₹2.91 Cr	0.83%
Hindustan Unilever Ltd	Equity	₹2.86 Cr	0.82%
Power Finance Corp Ltd	Equity	₹2.86 Cr	0.82%
Tata Motors Passenger Vehicles Ltd	Equity	₹2.79 Cr	0.79%
UPL Ltd	Equity	₹2.77 Cr	0.79%
Future on Lodha Developers Ltd	Equity - Future	₹-2.74 Cr	0.78%
Lodha Developers Ltd	Equity	₹2.72 Cr	0.78%
Fortis Healthcare Ltd	Equity	₹2.67 Cr	0.76%
Tata Consultancy Services Ltd	Equity	₹2.65 Cr	0.76%
TVS Motor Co Ltd	Equity	₹2.63 Cr	0.75%
Eicher Motors Ltd	Equity	₹2.63 Cr	0.75%
Laurus Labs Ltd	Equity	₹2.6 Cr	0.74%
Grasim Industries Ltd	Equity	₹2.6 Cr	0.74%
Hindustan Petroleum Corp Ltd	Equity	₹2.59 Cr	0.74%
IDFC First Bank Ltd	Equity	₹2.58 Cr	0.73%
One97 Communications Ltd	Equity	₹2.56 Cr	0.73%
JSW Steel Ltd	Equity	₹2.54 Cr	0.72%
Multi Commodity Exchange of India Ltd	Equity	₹2.41 Cr	0.69%
Axis Bank Limited	Cash - CD/Time Deposit	₹2.4 Cr	0.69%
Persistent Systems Ltd	Equity	₹2.4 Cr	0.68%
HDFC Bank Limited	Cash - CD/Time Deposit	₹2.39 Cr	0.68%
PB Fintech Ltd	Equity	₹2.38 Cr	0.68%
Prestige Estates Projects Ltd	Equity	₹2.34 Cr	0.67%
Lupin Ltd	Equity	₹2.32 Cr	0.66%
Indian Bank	Equity	₹2.28 Cr	0.65%
Info Edge (India) Ltd	Equity	₹2.27 Cr	0.65%
NMDC Ltd	Equity	₹2.26 Cr	0.64%
Godrej Properties Ltd	Equity	₹2.26 Cr	0.64%
ICICI Lombard General Insurance Co Ltd	Equity	₹2.26 Cr	0.64%
Sun Pharmaceuticals Industries Ltd	Equity	₹2.18 Cr	0.62%
UltraTech Cement Ltd	Equity	₹2.18 Cr	0.62%
MRF Ltd	Equity	₹2.17 Cr	0.62%
Future on DLF Ltd	Equity - Future	₹-2.17 Cr	0.62%
DLF Ltd	Equity	₹2.15 Cr	0.61%
Titan Co Ltd	Equity	₹2.1 Cr	0.60%
Suzlon Energy Ltd	Equity	₹2.1 Cr	0.60%
SRF Ltd	Equity	₹2.06 Cr	0.59%
Coforge Ltd	Equity	₹2.05 Cr	0.59%
Max Financial Services Ltd	Equity	₹1.97 Cr	0.56%
Bank of Maharashtra	Equity	₹1.97 Cr	0.56%
Dixon Technologies (India) Ltd	Equity	₹1.87 Cr	0.53%
Asian Paints Ltd	Equity	₹1.83 Cr	0.52%
Bharat Forge Ltd	Equity	₹1.82 Cr	0.52%
Union Bank Of India	Cash - CD/Time Deposit	₹1.75 Cr	0.50%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹1.23 Cr	0.35%
Future on Tata Steel Ltd	Equity - Future	₹-0.4 Cr	0.11%
Kwality Wall’S (India) Limited	Equity	₹0.05 Cr	0.01%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹89.08 Cr	25.40%
Consumer Cyclical	₹39.25 Cr	11.19%
Basic Materials	₹20.85 Cr	5.94%
Industrials	₹18.65 Cr	5.32%
Technology	₹18.14 Cr	5.17%
Energy	₹16.03 Cr	4.57%
Healthcare	₹13.56 Cr	3.87%
Communication Services	₹9.94 Cr	2.83%
Real Estate	₹9.47 Cr	2.70%
Consumer Defensive	₹7.53 Cr	2.15%

Risk & Performance Ratios

Fund Managers

Kaustubh Sule

Since October 2025

Paras Matalia

Since October 2025

Wilfred Gonsalves

Since October 2025

Nikhil Satam

Since November 2025

Additional Scheme Detailsas of 31st December 2025

ISIN

INF666M01MA9

Expense Ratio

0.45%

Exit Load

1.00%

Fund Size

₹351 Cr

Age

3 months

Lumpsum Minimum

₹500

Fund Status

Open Ended Investment Company

Benchmark

Nifty 500 TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Dynamic Asset Allocation Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Groww Multi Asset Allocation Fund Regular Growth Very High Risk	2.3%	1.0%	₹350.76 Cr	-
Groww Multi Asset Allocation Fund Direct Growth Very High Risk	0.5%	1.0%	₹350.76 Cr	-
Unifi Dynamic Asset Allocation Fund Direct Growth Moderately High risk	0.9%	1.0%	₹1030.00 Cr	-
Unifi Dynamic Asset Allocation Fund Regular Growth Moderately High risk	1.5%	1.0%	₹1030.00 Cr	-
Canara Robeco Balanced Advantage Fund Regular Growth Very High Risk	2.1%	1.0%	₹1332.70 Cr	4.2%
Canara Robeco Balanced Advantage Fund Direct Growth Very High Risk	0.8%	1.0%	₹1332.70 Cr	5.6%
Helios Balanced Advantage Fund Direct Growth Very High Risk	0.9%	1.0%	₹323.11 Cr	6.2%
Helios Balanced Advantage Fund Regular Growth Very High Risk	2.4%	1.0%	₹323.11 Cr	4.5%
Parag Parikh Dynamic Asset Allocation Fund Regular Growth Moderate Risk	0.6%	1.0%	₹2723.63 Cr	5.0%
Parag Parikh Dynamic Asset Allocation Fund Direct Growth Moderate Risk	0.3%	1.0%	₹2723.63 Cr	5.3%
Samco Dynamic Asset Allocation Fund Direct Growth Very High Risk	0.9%	1.0%	₹263.18 Cr	-2.1%
Samco Dynamic Asset Allocation Fund Regular Growth Very High Risk	2.4%	1.0%	₹263.18 Cr	-3.6%
Bajaj Finserv Balanced Advantage Fund Direct Growth Very High Risk	0.6%	1.0%	₹1314.66 Cr	8.1%
Bajaj Finserv Balanced Advantage Fund Regular Growth Very High Risk	2.1%	1.0%	₹1314.66 Cr	6.4%
HSBC Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹1581.48 Cr	5.0%
HDFC Balanced Advantage Fund Direct Growth Very High Risk	0.7%	1.0%	₹108205.06 Cr	7.2%
HDFC Balanced Advantage Fund Regular Growth Very High Risk	1.3%	1.0%	₹108205.06 Cr	6.6%
Edelweiss Balanced Advantage Fund Regular Growth Very High Risk	1.6%	1.0%	₹13375.72 Cr	6.3%
Sundaram Balanced Advantage Fund Direct Growth Moderately High risk	0.6%	1.0%	₹1736.50 Cr	7.0%
Aditya Birla Sun Life Balanced Advantage Fund Direct Growth Moderately High risk	0.7%	0.0%	₹8944.34 Cr	10.0%
Nippon India Balanced Advantage Fund Direct Growth Very High Risk	0.6%	1.0%	₹9724.68 Cr	6.9%
Invesco India Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	0.0%	₹1126.06 Cr	4.9%
Tata Balanced Advantage Fund Regular Growth High Risk	1.7%	0.0%	₹9690.76 Cr	4.8%
Tata Balanced Advantage Fund Direct Growth High Risk	0.4%	0.0%	₹9690.76 Cr	6.2%
DSP Dynamic Asset Allocation Fund Regular Growth Moderately High risk	1.9%	1.0%	₹3708.72 Cr	7.8%
DSP Dynamic Asset Allocation Fund Direct Growth Moderately High risk	0.7%	1.0%	₹3708.72 Cr	9.1%
HSBC Balanced Advantage Fund Regular Growth Moderately High risk	2.1%	1.0%	₹1581.48 Cr	3.6%
LIC MF Balanced Advantage Fund Regular Growth Very High Risk	2.3%	1.0%	₹741.70 Cr	1.6%
LIC MF Balanced Advantage Fund Direct Growth Very High Risk	0.8%	1.0%	₹741.70 Cr	3.1%
ICICI Prudential Balanced Advantage Fund Regular Growth High Risk	1.4%	1.0%	₹70534.59 Cr	11.0%
ITI Balanced Advantage Fund Regular Growth Moderately High risk	2.4%	0.0%	₹396.81 Cr	4.1%
ITI Balanced Advantage Fund Direct Growth Moderately High risk	0.6%	0.0%	₹396.81 Cr	5.9%
Invesco India Balanced Advantage Fund Regular Growth Moderately High risk	2.1%	0.0%	₹1126.06 Cr	3.6%
Sundaram Balanced Advantage Fund Regular Growth Moderately High risk	2.0%	1.0%	₹1736.50 Cr	5.4%
Union Balanced Advantage Fund Regular Growth Very High Risk	2.2%	1.0%	₹1347.19 Cr	5.4%
Union Balanced Advantage Fund Direct Growth Very High Risk	1.0%	1.0%	₹1347.19 Cr	6.6%
Edelweiss Balanced Advantage Fund Direct Growth Very High Risk	0.5%	1.0%	₹13375.72 Cr	7.6%
Bank of India Balanced Advantage Fund Regular Growth Very High Risk	2.3%	1.0%	₹146.37 Cr	8.3%
Bank of India Balanced Advantage Fund Direct Growth Very High Risk	1.0%	1.0%	₹146.37 Cr	9.6%
Kotak Balanced Advantage Fund Regular Growth Very High Risk	1.6%	1.0%	₹17852.25 Cr	5.3%
Kotak Balanced Advantage Fund Direct Growth Very High Risk	0.6%	1.0%	₹17852.25 Cr	6.4%
PGIM India Balanced Advantage Fund Regular Growth Moderately High risk	2.2%	0.0%	₹928.64 Cr	5.0%
PGIM India Balanced Advantage Fund Direct Growth Moderately High risk	0.6%	0.0%	₹928.64 Cr	6.7%
Axis Balanced Advantage Fund Regular Growth Moderately High risk	1.9%	1.0%	₹3816.40 Cr	6.1%
Axis Balanced Advantage Fund Direct Growth Moderately High risk	0.7%	1.0%	₹3816.40 Cr	7.3%
ICICI Prudential Balanced Advantage Fund Direct Growth High Risk	0.9%	1.0%	₹70534.59 Cr	11.6%
Baroda BNP Paribas Balanced Advantage Fund Direct Growth Very High Risk	0.7%	1.0%	₹4748.18 Cr	8.5%
Baroda BNP Paribas Balanced Advantage Fund Regular Growth Very High Risk	1.9%	1.0%	₹4748.18 Cr	7.3%
NJ Balanced Advantage Fund Regular Growth Very High Risk	1.9%	1.0%	₹3712.63 Cr	0.6%
NJ Balanced Advantage Fund Direct Growth Very High Risk	0.6%	1.0%	₹3712.63 Cr	1.9%

About the AMC

Groww Mutual Fund

80501 80222

https://www.growwmf.in/

Total AUM

₹3,897 Cr

Address

Jupiter Mills Compound Senapati Bapat Marg, Mumbai, 400013

Other Funds by Groww Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Groww Nifty PSE ETF FOF Direct Growth Very High Risk	-	0.0%	-	-
Groww Small Cap Fund Direct Growth Very High Risk	-	1.0%	-	-
Groww Multi Asset Omni FOF Direct Growth Very High Risk	-	0.0%	₹65.00 Cr	-
Groww Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹20.48 Cr	-
Groww Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹11.15 Cr	-
Groww Nifty Capital Markets ETF FOF Direct Growth Very High Risk	-	0.0%	₹10.31 Cr	-
Groww Multi Asset Allocation Fund Direct Growth Very High Risk	0.5%	1.0%	₹350.76 Cr	-
Groww Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹7.22 Cr	-
Groww BSE Power ETF FOF Direct Growth Very High Risk	0.1%	0.0%	₹6.79 Cr	-
Groww Nifty 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹19.12 Cr	-
Groww Nifty India Internet ETF FOF Direct Growth Very High Risk	0.2%	0.0%	₹10.15 Cr	-
Groww Silver ETF FOF Direct Growth Very High Risk	0.2%	1.0%	₹71.60 Cr	-
Groww Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹38.67 Cr	-
Groww Nifty 500 Momentum 50 ETF FoF Direct Growth Very High Risk	0.2%	1.0%	₹8.02 Cr	-
Groww Nifty 200 ETF FoF Direct Growth Very High Risk	0.1%	1.0%	₹6.36 Cr	-
Groww Nifty India Railways PSU Index Fund Direct Growth Very High Risk	0.5%	1.0%	₹47.40 Cr	-
Groww Multicap Fund Direct Growth Very High Risk	0.5%	1.0%	₹313.85 Cr	8.7%
Groww Gold ETF FOF Direct Growth High Risk	0.2%	1.0%	₹77.90 Cr	86.1%
Groww Nifty India Defence ETF FoF Direct Growth Very High Risk	0.2%	1.0%	₹84.36 Cr	21.2%
Groww Nifty EV & New Age Automotive ETF FoF Direct Growth Very High Risk	0.2%	1.0%	₹159.03 Cr	1.7%
Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth Very High Risk	0.4%	1.0%	₹47.12 Cr	-1.2%
Groww Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹119.67 Cr	-6.2%
Groww Banking & Financial Services Fund Direct Growth Very High Risk	0.4%	1.0%	₹61.84 Cr	19.1%
Groww Nifty Total Market Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹348.26 Cr	5.3%
Groww FMP Series VI (Plan 2) 1135 Days Direct Growth Moderate Risk	-	-	-	-
Groww Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹130.00 Cr	7.7%
Groww Large Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹132.37 Cr	9.5%
Groww Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹165.23 Cr	6.5%
Groww Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹2.49 Cr	5.8%
Groww ELSS Tax Saver Fund Direct Growth Very High Risk	0.8%	0.0%	₹53.08 Cr	2.7%
Groww Dynamic Bond Fund Direct Growth Moderate Risk	0.5%	0.0%	₹78.62 Cr	3.9%
Groww Aggressive Hybrid Fund Direct Growth Very High Risk	1.3%	1.0%	₹50.63 Cr	5.6%
Groww Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹15.42 Cr	5.6%
Groww Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹67.89 Cr	9.4%
Groww Multi Cap Fund Direct Growth Moderately High risk	0.5%	0.0%	-	-

Risk Level

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What is the current NAV of Groww Multi Asset Allocation Fund Direct Growth?

The NAV of Groww Multi Asset Allocation Fund Direct Growth, as of 23-Jan-2026, is ₹10.44.

What is the portfolio composition of Groww Multi Asset Allocation Fund Direct Growth?

The fund's allocation of assets is distributed as 65.26% in equities, 0.00% in bonds, and 23.36% in cash and cash equivalents.

Who manages the Groww Multi Asset Allocation Fund Direct Growth?

The fund managers responsible for Groww Multi Asset Allocation Fund Direct Growth are:-

Kaustubh Sule
Paras Matalia
Wilfred Gonsalves
Nikhil Satam

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Groww Multi Asset Allocation Fund Direct Growth

Fund Overview