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Fund Overview

Fund Size

Fund Size

₹404 Cr

Expense Ratio

Expense Ratio

0.49%

ISIN

ISIN

INF666M01MA9

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

1.00%

Inception Date

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 7 months and 13 days, having been launched on 03-Oct-25.
As of 15-May-26, it has a Net Asset Value (NAV) of ₹10.24, Assets Under Management (AUM) of 404.00 Crores, and an expense ratio of 0.49%.
  • Groww Multi Asset Allocation Fund Direct Growth has given a CAGR return of 2.27% since inception.
  • The fund's asset allocation comprises around 58.84% in equities, 0.62% in debts, and 25.13% 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

+2.27%

(Cat Avg.)

Portfolio Summaryas of 30th April 2026

Equity237.7 Cr58.84%
Debt2.51 Cr0.62%
Others163.78 Cr40.54%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Groww Gold ETFMutual Fund - ETF53.73 Cr13.30%
Net Receivable/PayableCash38.37 Cr9.50%
HDFC Bank LtdEquity24.91 Cr6.17%
Treps 04-May-2026Cash - Repurchase Agreement23.36 Cr5.78%
Reliance Industries LtdEquity17.28 Cr4.28%
ICICI Bank LtdEquity12.95 Cr3.21%
Mahindra & Mahindra LtdEquity12.23 Cr3.03%
National Bank for Agriculture and Rural DevelopmentCash - Commercial Paper9.93 Cr2.46%
Bharti Airtel LtdEquity8.32 Cr2.06%
ICICI Securities LimitedCash - Commercial Paper7.95 Cr1.97%
State Bank of IndiaEquity7.71 Cr1.91%
Larsen & Toubro LtdEquity7.57 Cr1.87%
Hdfc Bank Limited 26/05/2026Equity - Future-7.56 Cr1.87%
Bajaj Finance LtdEquity7.06 Cr1.75%
Mahindra & Mahindra Limited 26/05/2026Equity - Future-6.98 Cr1.73%
Titan Co LtdEquity6.54 Cr1.62%
Export-Import Bank Of IndiaCash - CD/Time Deposit5.96 Cr1.47%
Kotak Mahindra Bank LtdEquity5.54 Cr1.37%
Nippon India Silver ETFMutual Fund - ETF5.22 Cr1.29%
Infosys LtdEquity5.21 Cr1.29%
Canara BankCash - CD/Time Deposit4.97 Cr1.23%
India (Republic of)Bond - Short-term Government Bills4.97 Cr1.23%
The Federal Bank LtdEquity4.9 Cr1.21%
ITC LtdEquity4.75 Cr1.18%
Tata Steel LtdEquity4.35 Cr1.08%
Axis Bank LtdEquity4.31 Cr1.07%
Reliance Industries Limited 26/05/2026Equity - Future-4.23 Cr1.05%
Dr Reddy's Laboratories LtdEquity4.13 Cr1.02%
Cipla LtdEquity4.13 Cr1.02%
Hindalco Industries LtdEquity4.06 Cr1.00%
AU Small Finance Bank LtdEquity3.78 Cr0.94%
Ashok Leyland LtdEquity3.76 Cr0.93%
Multi Commodity Exchange of India LtdEquity3.75 Cr0.93%
Titan Company Limited 26/05/2026Equity - Future-3.62 Cr0.90%
Max Healthcare Institute Ltd Ordinary SharesEquity3.43 Cr0.85%
Maruti Suzuki India LtdEquity3.27 Cr0.81%
FSN E-Commerce Ventures LtdEquity3.24 Cr0.80%
Bharat Forge LtdEquity3.23 Cr0.80%
InterGlobe Aviation LtdEquity3.11 Cr0.77%
TVS Motor Co LtdEquity3.08 Cr0.76%
UPL LtdEquity3 Cr0.74%
Indian Hotels Co LtdEquity2.98 Cr0.74%
Bank of MaharashtraEquity2.94 Cr0.73%
IndusInd Bank LtdEquity2.91 Cr0.72%
Godrej Properties LtdEquity2.88 Cr0.71%
Groww Silver ETFMutual Fund - ETF2.83 Cr0.70%
Fortis Healthcare LtdEquity2.79 Cr0.69%
Hindustan Unilever LtdEquity2.78 Cr0.69%
Shriram Finance LtdEquity2.76 Cr0.68%
IDFC First Bank LtdEquity2.74 Cr0.68%
PB Fintech LtdEquity2.72 Cr0.67%
Sun Pharmaceuticals Industries LtdEquity2.69 Cr0.67%
Canara BankCash - CD/Time Deposit2.66 Cr0.66%
NTPC LtdEquity2.63 Cr0.65%
Laurus Labs LtdEquity2.58 Cr0.64%
Grasim Industries LtdEquity2.57 Cr0.64%
JSW Steel LtdEquity2.56 Cr0.63%
Eicher Motors LtdEquity2.56 Cr0.63%
National Aluminium Co LtdEquity2.52 Cr0.62%
Aditya Birla Housing Finance LimitedBond - Corporate Bond2.51 Cr0.62%
Eternal LtdEquity2.43 Cr0.60%
UltraTech Cement LtdEquity2.42 Cr0.60%
Tata Consultancy Services LtdEquity2.32 Cr0.57%
Lodha Developers Limited 26/05/2026Equity - Future-2.31 Cr0.57%
Phoenix Mills LtdEquity2.31 Cr0.57%
One97 Communications LtdEquity2.31 Cr0.57%
Lodha Developers LtdEquity2.3 Cr0.57%
ICICI Lombard General Insurance Co LtdEquity2.29 Cr0.57%
Swiggy LtdEquity2.27 Cr0.56%
Persistent Systems LtdEquity2.22 Cr0.55%
Max Financial Services LtdEquity2.14 Cr0.53%
SRF LtdEquity1.99 Cr0.49%
Bharat Heavy Electricals LtdEquity1.95 Cr0.48%
Canara BankCash - CD/Time Deposit1.95 Cr0.48%
Nippon India ETF Gold BeESMutual Fund - ETF1.89 Cr0.47%
Dlf Limited 26/05/2026Equity - Future-1.85 Cr0.46%
Info Edge (India) LtdEquity1.84 Cr0.46%
DLF LtdEquity1.84 Cr0.46%
Bajaj Finance Limited 26/05/2026Equity - Future-1.7 Cr0.42%
Bajaj Finance Limited 30/06/2026Equity - Future-1.7 Cr0.42%
Hero MotoCorp LtdEquity1.56 Cr0.39%
HCL Technologies LtdEquity1.55 Cr0.38%
APL Apollo Tubes LtdEquity1.47 Cr0.36%
Mindspace Business Parks REIT UnitEquity - REIT1.35 Cr0.33%
Knowledge Realty Trust UnitsEquity - REIT1.29 Cr0.32%
Power Finance Corp LtdEquity1.26 Cr0.31%
Vedanta LtdEquity1.26 Cr0.31%
Itc Limited 26/05/2026Equity - Future-1.11 Cr0.28%
Navin Fluorine International LtdEquity0.99 Cr0.24%
Crompton Greaves Consumer Electrical Ltd 26/05/2026Equity - Future-0.98 Cr0.24%
Crompton Greaves Consumer Electricals LtdEquity0.98 Cr0.24%
Lupin LtdEquity0.84 Cr0.21%
Tata Motors Passenger Vehicles LtdEquity0.76 Cr0.19%
Suzlon Energy LtdEquity0.7 Cr0.17%
Malco Energy LimitedEquity0.56 Cr0.14%
Talwandi Sabo Power LimitedEquity0.56 Cr0.14%
Vedanta Aluminium Metal LimitedEquity0.56 Cr0.14%
Vedanta Iron And Steel LimitedEquity0.56 Cr0.14%
Tata Steel Limited 26/05/2026Equity - Future-0.47 Cr0.12%
Kotak Mahindra Bank Limited 26/05/2026Equity - Future-0.23 Cr0.06%
Hindustan Petroleum Corp LtdEquity0.2 Cr0.05%
United Spirits LtdEquity0.13 Cr0.03%

Allocation By Market Cap (Equity)

Large Cap Stocks

47.81%

Mid Cap Stocks

17.44%

Small Cap Stocks

0.49%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services94.67 Cr23.43%
Consumer Cyclical45.13 Cr11.17%
Basic Materials25.2 Cr6.24%
Healthcare20.59 Cr5.10%
Industrials19.08 Cr4.72%
Energy17.48 Cr4.33%
Technology13.61 Cr3.37%
Communication Services10.17 Cr2.52%
Real Estate9.33 Cr2.31%
Consumer Defensive7.67 Cr1.90%
Utilities2.63 Cr0.65%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

9.56%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.53

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.79

Higher the better

Fund Managers

Kaustubh Sule

Kaustubh Sule

Since October 2025

Paras Matalia

Paras Matalia

Since October 2025

WG

Wilfred Gonsalves

Since October 2025

NS

Nikhil Satam

Since November 2025

Additional Scheme Detailsas of 30th April 2026

ISIN
INF666M01MA9
Expense Ratio
0.49%
Exit Load
1.00%
Fund Size
₹404 Cr
Age
7 months
Lumpsum Minimum
₹500
Fund Status
Open Ended Investment Company
Benchmark
Nifty 500 TR INR

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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 nameExpense RatioExit LoadFund size
1Y
The Wealth Company Balanced Advantage Fund Direct Growth

Very High Risk

0.4%1.0%₹45.02 Cr-
The Wealth Company Balanced Advantage Fund Regular Growth

Very High Risk

2.3%1.0%₹45.02 Cr-
Groww Multi Asset Allocation Fund Regular Growth

Very High Risk

2.3%1.0%₹404.00 Cr-
Groww Multi Asset Allocation Fund Direct Growth

Very High Risk

0.5%1.0%₹404.00 Cr-
Unifi Dynamic Asset Allocation Fund Direct Growth

Moderately High risk

1.4%1.0%₹1180.73 Cr7.4%
Unifi Dynamic Asset Allocation Fund Regular Growth

Moderately High risk

2.0%1.0%₹1180.73 Cr6.8%
Canara Robeco Balanced Advantage Fund Regular Growth

Very High Risk

1.9%1.0%₹1165.34 Cr-2.4%
Canara Robeco Balanced Advantage Fund Direct Growth

Very High Risk

0.7%1.0%₹1165.34 Cr-1.0%
Helios Balanced Advantage Fund Direct Growth

Very High Risk

1.0%0.0%₹304.82 Cr4.2%
Helios Balanced Advantage Fund Regular Growth

Very High Risk

2.4%0.0%₹304.82 Cr2.7%
Parag Parikh Dynamic Asset Allocation Fund Regular Growth

Moderately High risk

0.6%1.0%₹2709.31 Cr2.8%
Parag Parikh Dynamic Asset Allocation Fund Direct Growth

Moderately High risk

0.3%1.0%₹2709.31 Cr3.1%
Samco Dynamic Asset Allocation Fund Direct Growth

Very High Risk

0.9%1.0%₹198.99 Cr0.9%
Samco Dynamic Asset Allocation Fund Regular Growth

Very High Risk

2.4%1.0%₹198.99 Cr-0.7%
Bajaj Finserv Balanced Advantage Fund Direct Growth

Very High Risk

0.5%1.0%₹1228.80 Cr1.5%
Bajaj Finserv Balanced Advantage Fund Regular Growth

Very High Risk

1.8%1.0%₹1228.80 Cr-0.0%
HSBC Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%1.0%₹1505.78 Cr1.1%
HDFC Balanced Advantage Fund Direct Growth

Very High Risk

0.8%1.0%₹105377.65 Cr-0.5%
HDFC Balanced Advantage Fund Regular Growth

Very High Risk

1.4%1.0%₹105377.65 Cr-1.1%
Edelweiss Balanced Advantage Fund Regular Growth

Very High Risk

2.1%1.0%₹12906.31 Cr2.3%
Sundaram Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1658.39 Cr-0.3%
Aditya Birla Sun Life Balanced Advantage Fund Direct Growth

Moderately High risk

0.6%0.0%₹9182.39 Cr3.9%
Nippon India Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹9620.30 Cr2.4%
Invesco India Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%0.0%₹1024.28 Cr-2.5%
Tata Balanced Advantage Fund Regular Growth

Very High Risk

1.7%0.0%₹9128.04 Cr1.3%
Tata Balanced Advantage Fund Direct Growth

Very High Risk

0.5%0.0%₹9128.04 Cr2.6%
DSP Dynamic Asset Allocation Fund Regular Growth

Moderately High risk

1.9%1.0%₹3661.26 Cr2.8%
DSP Dynamic Asset Allocation Fund Direct Growth

Moderately High risk

0.7%1.0%₹3661.26 Cr4.0%
HSBC Balanced Advantage Fund Regular Growth

Moderately High risk

2.1%1.0%₹1505.78 Cr-0.2%
LIC MF Balanced Advantage Fund Regular Growth

Very High Risk

2.3%1.0%₹681.03 Cr-4.4%
LIC MF Balanced Advantage Fund Direct Growth

Very High Risk

0.9%1.0%₹681.03 Cr-3.0%
ICICI Prudential Balanced Advantage Fund Regular Growth

High Risk

1.4%1.0%₹70551.44 Cr3.5%
ITI Balanced Advantage Fund Regular Growth

Moderate Risk

2.4%0.0%₹351.17 Cr-1.9%
ITI Balanced Advantage Fund Direct Growth

Moderate Risk

0.7%0.0%₹351.17 Cr-0.2%
Invesco India Balanced Advantage Fund Regular Growth

Moderately High risk

2.1%0.0%₹1024.28 Cr-3.8%
Sundaram Balanced Advantage Fund Regular Growth

High Risk

2.1%1.0%₹1658.39 Cr-1.7%
Union Balanced Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹1241.37 Cr-0.3%
Union Balanced Advantage Fund Direct Growth

Very High Risk

1.1%1.0%₹1241.37 Cr0.8%
Edelweiss Balanced Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹12906.31 Cr3.4%
Bank of India Balanced Advantage Fund Regular Growth

Very High Risk

2.3%1.0%₹152.71 Cr4.3%
Bank of India Balanced Advantage Fund Direct Growth

Very High Risk

1.1%1.0%₹152.71 Cr5.6%
Kotak Balanced Advantage Fund Regular Growth

Very High Risk

1.7%1.0%₹17183.82 Cr-0.4%
Kotak Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹17183.82 Cr0.7%
PGIM India Balanced Advantage Fund Regular Growth

Moderately High risk

2.3%0.0%₹829.61 Cr-3.2%
PGIM India Balanced Advantage Fund Direct Growth

Moderately High risk

0.6%0.0%₹829.61 Cr-1.5%
Axis Balanced Advantage Fund Regular Growth

Moderately High risk

1.9%1.0%₹3557.60 Cr-0.1%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.6%1.0%₹3557.60 Cr1.1%
ICICI Prudential Balanced Advantage Fund Direct Growth

High Risk

0.9%1.0%₹70551.44 Cr4.0%
Baroda BNP Paribas Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹4755.77 Cr6.8%
Baroda BNP Paribas Balanced Advantage Fund Regular Growth

Very High Risk

1.6%1.0%₹4755.77 Cr5.6%

About the AMC

Groww Mutual Fund

Groww Mutual Fund

Total AUM

₹4,493 Cr

Address

Jupiter Mills Compound Senapati Bapat Marg, Mumbai, 400013

Other Funds by Groww Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Groww Nifty Private Bank Index Fund Direct Growth

Very High Risk

-0.0%--
Groww Arbitrage Fund Direct Growth

Low Risk

-0.0%--
Groww Nifty PSU Bank Index Fund Direct Growth

Very High Risk

0.4%0.0%₹6.87 Cr-
Groww BSE Hospitals ETF FOF Direct Growth

Very High Risk

0.1%0.0%₹16.43 Cr-
Groww Nifty PSE ETF FOF Direct Growth

Very High Risk

0.3%0.0%₹12.08 Cr-
Groww Small Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹296.07 Cr-
Groww Multi Asset Omni FOF Direct Growth

Very High Risk

0.0%0.0%₹76.14 Cr-
Groww Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹35.56 Cr-
Groww Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹13.82 Cr-
Groww Nifty Capital Markets ETF FOF Direct Growth

Very High Risk

0.1%0.0%₹14.02 Cr-
Groww Multi Asset Allocation Fund Direct Growth

Very High Risk

0.5%1.0%₹404.00 Cr-
Groww Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹8.70 Cr-
Groww BSE Power ETF FOF Direct Growth

Very High Risk

0.1%0.0%₹24.78 Cr-
Groww Nifty 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹22.44 Cr-
Groww Nifty India Internet ETF FOF Direct Growth

Very High Risk

0.2%0.0%₹12.16 Cr-
Groww Silver ETF FOF Direct Growth

Very High Risk

0.2%1.0%₹86.50 Cr-
Groww Gilt Fund Direct Growth

Moderate Risk

0.6%0.0%₹34.79 Cr-2.2%
Groww Nifty 500 Momentum 50 ETF FoF Direct Growth

Very High Risk

0.2%1.0%₹9.12 Cr-0.2%
Groww Nifty 200 ETF FoF Direct Growth

Very High Risk

0.1%1.0%₹6.67 Cr-0.0%
Groww Nifty India Railways PSU Index Fund Direct Growth

Very High Risk

0.5%1.0%₹55.18 Cr-12.7%
Groww Multicap Fund Direct Growth

Very High Risk

0.5%1.0%₹489.24 Cr15.4%
Groww Gold ETF FOF Direct Growth

High Risk

0.1%1.0%₹114.41 Cr65.0%
Groww Nifty India Defence ETF FoF Direct Growth

Very High Risk

0.2%1.0%₹125.58 Cr14.5%
Groww Nifty EV & New Age Automotive ETF FoF Direct Growth

Very High Risk

0.2%1.0%₹159.28 Cr2.5%
Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth

Very High Risk

0.5%1.0%₹41.99 Cr-7.5%
Groww Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.5%0.0%₹125.60 Cr3.7%
Groww Banking & Financial Services Fund Direct Growth

Very High Risk

0.4%1.0%₹68.56 Cr8.9%
Groww Nifty Total Market Index Fund Direct Growth

Very High Risk

0.5%0.0%₹350.23 Cr-0.5%
Groww FMP Series VI (Plan 2) 1135 Days Direct Growth

Moderate Risk

----
Groww Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹95.69 Cr4.9%
Groww Large Cap Fund Direct Growth

Very High Risk

1.3%1.0%₹127.64 Cr0.4%
Groww Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹277.54 Cr6.3%
Groww Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹2.49 Cr5.8%
Groww ELSS Tax Saver Fund Direct Growth

Very High Risk

0.9%0.0%₹49.77 Cr-2.6%
Groww Dynamic Bond Fund Direct Growth

Moderate Risk

0.5%0.0%₹37.71 Cr0.3%
Groww Aggressive Hybrid Fund Direct Growth

Very High Risk

1.5%1.0%₹50.12 Cr-0.6%
Groww Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹82.72 Cr5.3%
Groww Value Fund Direct Growth

Very High Risk

1.1%1.0%₹66.85 Cr0.4%
Groww Multi Cap Fund Direct Growth

Moderately High risk

0.5%0.0%--

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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

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The NAV of Groww Multi Asset Allocation Fund Direct Growth, as of 15-May-2026, is ₹10.24.
The fund's allocation of assets is distributed as 58.84% in equities, 0.62% in bonds, and 25.13% in cash and cash equivalents.
The fund managers responsible for Groww Multi Asset Allocation Fund Direct Growth are:-
  1. Kaustubh Sule
  2. Paras Matalia
  3. Wilfred Gonsalves
  4. Nikhil Satam
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