February 23, 2024
mayank
Groww Aggressive Hybrid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 20.5540
Quarterly NAV IDCW: Rs 20.1513
Monthly NAV IDCW: Rs 20.3603
Half Yearly NAV IDCW: Rs 19.7774
NAV IDCW: Rs 20.3931
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The Scheme seeks to generate periodic return and long term capital appreciation from a judicious mix of equity and debt instruments.
Fund Manager:
1) Kaustubh Sule
Education: Mr. Sule is a B.E. (Computer Engineering) & MBA (Finance)
Experience: Prior to joining Groww Mutual Fund (formerly, Indiabulls Mutual Fund), he has worked with Axis Asset Management Company Ltd. HDFC Standard Life Insurance Company Ltd., Reliance Life Insurance Company Ltd., Union Bank of India, Hexaware Technologies Ltd.
2) Anupam Tiwari
Education: Mr. Tiwari is a Chartered Accountant.
Experience: Prior to joining Groww Mutual Fund (formerly, Indiabulls Mutual Fund), he was associated with Axis Mutual Fund, Principal Mutual Fund (July 25, 2011-Sep 21, 2016), Reliance Life Insurance Ltd. (Sep 22, 2010-Jul 15, 2011) and Reliance MF (Mar 21, 2005-Sep 21, 2010).
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 7 days |
Basic Details
| Fund House | Groww Mutual Fund |
| Launch Date | 13-Dec-18 |
| Return Since Launch | 14.87% |
| Benchmark | CRISIL Hybrid 35+65 Aggressive Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 39 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.85% |
| (As on 31-Jan-2024) | |
| Risk Grade | Above Average |
| Return Grade | Average |
| Turnover | 114.00% |
Trailing Returns (%) of Groww Aggressive Hybrid Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Groww Aggressive Hybrid Dir | 4.28 | 0.67 | 3.37 | 13.80 | 18.01 | 27.64 | 15.48 | 15.43 | — | — |
| VR Balanced TRI | 2.36 | 0.66 | 2.73 | 11.25 | 13.71 | 25.53 | 14.78 | 15.36 | — | — |
| Hybrid: Aggressive Hybrid | 3.81 | 0.57 | 2.84 | 11.16 | 15.68 | 30.96 | 16.95 | 16.60 | — | — |
| Rank within category | 15 | 11 | 13 | 7 | 12 | 27 | 24 | 20 | — | — |
| Number of funds in category | 43 | 43 | 43 | 42 | 41 | 41 | 40 | 33 | 26 | 22 |
Peer Comparison of Groww Aggressive Hybrid Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Groww Aggressive Hybrid Dir | 2 star | 27.64 | 15.48 | 15.43 | 0.85 | 39 | 14.87 | 1.00 (7) | 5Y 2M | 114.00 |
| ICICI Pru Equity & Debt Dir | 5 star | 38.67 | 25.84 | 22.18 | 1.03 | 31,196 | 18.18 | 1.00 (365) | 11Y 1M | 28.00 |
| HDFC Hybrid Equity Dir | 4 star | 23.09 | 16.14 | 16.24 | 1.01 | 22,474 | 15.64 | 1.00 (365) | 11Y 1M | 42.71 |
| Canara Robeco Equity Hybrid Dir | 4 star | 26.26 | 14.99 | 16.84 | 0.64 | 9,746 | 15.00 | 1.00 (365) | 11Y 1M | 26.00 |
| HDFC Children’s Gift Dir | 5 star | 30.31 | 19.64 | 18.49 | 0.94 | 8,433 | 16.57 | — | 11Y 1M | 12.55 |
Portfolio Analysis of Groww Aggressive Hybrid Fund
| No. of Stocks | 38 |
| Top 10 Holdings | 50.34% |
| Top 5 Stocks | 34.92% |
| Top 3 Sectors | 46.68% |
| Portfolio P/B Ratio | 3.97 |
| Portfolio P/E Ratio | 24.75 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,33,778 | 1,59,079 |
| Giant (%) | 67.28 | 53.80 |
| Large (%) | 16.48 | 17.14 |
| Mid (%) | 14.67 | 22.83 |
| Small (%) | 1.56 | 7.70 |
| Tiny (%) | — | 0.42 |
| Fund | Category | |
| Number of Securities | 42 | 72 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | GOI/Cash | — |
How to Invest in Groww Aggressive Hybrid Fund?
Chanakya’s Mutual Fund Guidance For Groww Aggressive Hybrid Fund
Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.growwmf.in/
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