June 12, 2023
mayank
Groww Nifty 50 ETF
NAV Growth: Rs 194.9199
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 of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
Fund Manager:
1) 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).
2) Karan Singh
Education: Mr. Singh is B.A (Honours) in Economics, PGDBF & CFA – Level 1
Experience: Prior to joining Groww Mutual Fund (formerly Indiabulls Mutual Fund) he has worked with Taurus Corporate Advisory Services Ltd., DIOS Capital, Invesco Asset Management Company Ltd., Fidelity Investments and ICRA Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1 |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | Groww Mutual Fund |
| Launch Date | 26-Apr-19 |
| Return Since Launch | 13.11% |
| Benchmark | NIFTY 50 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 12 Cr |
| (As on 31-May-2023) | |
| Expense | 0.53% |
| (As on 30-Apr-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 3.00% |
Groww Nifty 50 ETF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Groww Nifty 50 ETF | 2.77 | -0.36 | 1.88 | 5.78 | 0.57 | 13.41 | 23.95 | — | — | — |
| S&P BSE 100 TRI* | 3.58 | -0.37 | 2.49 | 6.76 | 1.19 | 14.89 | 24.80 | — | — | — |
| Equity: Large Cap* | 3.51 | -0.25 | 3.21 | 7.61 | 0.84 | 14.30 | 22.75 | — | — | — |
| Rank within category* | 98 | 97 | 137 | 120 | 94 | 82 | 35 | — | — | — |
| Number of funds in category* | 150 | 153 | 152 | 150 | 150 | 135 | 104 | 83 | 72 | 60 |
Groww Nifty 50 ETF Peer Comparison
| 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 Nifty 50 ETF | Unrated | 13.41 | 23.95 | — | 0.53 | 12 | 13.11 | — | 4yrs 1mo | 3.00 |
| ICICI Pru Bluechip Reg | 5 star | 15.67 | 24.51 | 12.36 | 1.63 | 37,016 | 14.05 | 1.00 (365) | 15yrs 0mo | 26.00 |
| Nippon Ind Large Cap Reg | 4 star | 23.88 | 28.91 | 13.08 | 1.75 | 14,171 | 11.93 | 1.00 (7) | 15yrs 10mo | 40.92 |
| UTI Nifty 50 Index Reg | 5 star | 13.56 | 23.80 | 12.48 | 0.30 | 11,066 | 11.47 | — | 23yrs 3mo | 4.00 |
| Canara Robeco Bluechip Eqt Reg | 5 star | 14.45 | 21.28 | 13.51 | 1.70 | 9,600 | 12.23 | 1.00 (365) | 12yrs 9mo | 24.00 |
Portfolio Analysis
| No. of Stocks | 48 |
| Top 10 Stocks | 57.60% |
| Top 5 Stocks | 38.70% |
| Top 3 Sectors | 62.73% |
| Portfolio P/B Ratio | 3.34 |
| Portfolio P/E Ratio | 22.82 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 4,38,746 | 2,92,227 |
| Giant (%) | 87.96 | 65.24 |
| Large (%) | 12.04 | 28.53 |
| Mid (%) | — | 10.18 |
| Small (%) | — | 2.28 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Groww Nifty 50 ETF
Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.growwmf.in/
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