November 26, 2025
RA Jainee
Groww Multi Asset Omni FoF Direct-Growth
Groww Multi Asset Omni FoF Direct-Growth snapshot
| NFO opens on | 03 December 2025 |
| NFO Closes on | 17 December 2025 |
| Min. Investment | Rs. 500 |
| Plans | Growth, IDCW |
| Sahifund Verdict |
Groww Multi Asset Omni FoF – Direct Growth is a fund of fund that aims to provide diversified exposure across equity, debt, commodities and other asset classes through underlying schemes. The multi-asset approach helps in risk diversification, but returns depend entirely on asset allocation decisions of the FoF. As an NFO with no track record, outcomes remain uncertain. Sahifund Verdict: ❌ (Diversification tool, not return-focused) |
⏱️ Last Update: 11 December 2025, 10.00 AM
Table of Contents:
1. NFO Open date, Close date
2. NFO Investment Strategy
3. Basic Details NFO
4. Benchmark Index NFO
5. Fund Manager | Performance Review of Fund Manager
6. Should You Invest in this NFO?
7. Invest Online
What is the Groww Multi Asset Omni FoF Direct-Growth Open Date, Close Date?
NFO opens on December 03, 2025
NFO will close on December 17, 2025
Investment Strategy for this NFO?
The scheme seeks to generate capital appreciation and income through a diversified portfolio of equity, debt, Gold & Silver ETFs. There is no assurance or guarantee that the investment objective of the Scheme will be achieved.
Basic Details
| Fund House | Groww Mutual Fund |
| Issue Open | 03 December 2025 |
| Issue Close | 17 December 2025 |
| Type | Open-ended |
| Category | Hybrid: Multi Asset Allocation |
| Min. Investment(₹) | 500 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | NIFTY 500 TRI (65), CRISIL Composite Bond Index (25), Domestic Price of Silver (5), Domestic Gold Price (5) |
Fund Managers of Groww Multi Asset Omni FoF Direct-Growth
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) Paras Matalia
Education: Mr. Matalia has done B.Com and CA
Experience: Prior to joining Groww Mutual Fund, he has worked with Samco MF, Samco Sec. Ltd, Batliboi & Purohit and Mahajan & Aibara
3) Wilfred Peter Gonsalves
Education: Mr. Gonsalves has done CA and B.Com
Experience: Prior to joining Groww Mutual Fund, he has worked with Edelweiss Tokio Life Insurance and L&T Finance
AMC
Groww Asset Management Limited
Address: 505 – 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel, Maharashtra Mumbai – 400013
Website: http://growwmf.in
Registrar & Transfer Agent
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Review for Groww Multi Asset Omni FoF Direct-Growth @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of NIFTY 500 TRI (65), CRISIL Composite Bond Index (25), Domestic Price of Silver (5), Domestic Gold Price (5)
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | – | – | – | – | – |
| Total Return | – | – | – | – | – |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | – | – | – |
| Beta (NIFTY 50) | – | – | – |
| Correlation (NIFTY 50) | – | – | – |
Fundamentals
| P/E | P/B | Dividend Yield |
| – | – | – |
Study about Benchmark Index in details
Past Performance of Kaustubh Sule
| Fund | Groww Aggressive Hybrid Fund | It’s Benchmark | Groww Dynamic Bond Fund | It’s Benchmark |
| 1 Year | 2.71 | 6.15 | 4.50 | 5.77 |
| 3 Year | 11.09 | 14.04 | 5.58 | 6.91 |
| 5 Year | 12.32 | 15.95 | 4.53 | 5.36 |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 26-11-2025
Past Performance of Paras Matalia
| Fund | Groww Multi Asset Allocation Fund | It’s Benchmark | Groww ELSS Tax Saver Fund | It’s Benchmark |
| 1 Year | — | — | -1.23 | 5.63 |
| 3 Year | — | — | 12.84 | 15.34 |
| 5 Year | — | — | 14.22 | 18.64 |
| 7 Year | — | — | 12.06 | 16.24 |
| 10 Year | — | — | — | — |
As on 26-11-2025
Past Performance of Wilfred Peter Gonsalves
| Fund | Groww Gold ETF | It’s Benchmark | Groww Gold ETF FOF | It’s Benchmark |
| 1 Year | 59.92 | 57.99 | 58.11 | 57.99 |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 03-7-2025
[B] Review of Fund Managers
Kaustubh Sule
-
Background: Mr. Sule is a B.E. (Computer Engineering) & MBA (Finance), 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.
Paras Matalia
-
Background: Mr. Matalia has done B.Com and CA, Prior to joining Groww Mutual Fund, he has worked with Samco MF, Samco Sec. Ltd, Batliboi & Purohit and Mahajan & Aibara
Wilfred Peter Gonsalves
-
Background: Mr. Gonsalves has done CA and B.Com, Prior to joining Groww Mutual Fund, he has worked with Edelweiss Tokio Life Insurance and L&T Finance
Sahifund Verdict:
Groww Multi Asset Omni FoF – Direct Growth is an open-ended multi-asset fund of fund designed to invest in various asset classes via underlying mutual fund schemes. The objective is to deliver smoother returns across market cycles by spreading investments across equity, fixed income, commodities and other asset categories.
Multi-asset strategies can help reduce portfolio volatility, especially during periods when one asset class underperforms. However, since this is a FoF, investors should be mindful of additional expense layers and limited control over asset allocation shifts.
Performance will largely depend on Groww AMC’s asset allocation framework and timing, rather than stock selection. During strong equity bull markets, such funds may lag pure equity funds, while in market corrections they may offer relative stability.
This fund may suit investors seeking one-product diversification but is not ideal as a core wealth-creation engine. Investors with existing diversified equity and debt funds may find limited incremental benefit.
Sahifund Verdict: ❌
(Better suited as a supplementary allocation; core portfolios should rely on proven diversified funds)
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Groww Multi Asset Omni FoF Direct-Growth NFO?
Invest Online OR https://groww.in/mutual-funds/filter
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https://sahifund.com/category/nfos/
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