May 19, 2025
RA Jainee
Groww Nifty Non-Cyclical Consumer Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 10.9236
NAV IDCW: Rs 10.9236
Suitable For Which Investors?
Consumption funds are suitable for investors:
1. Seeking exposure in shares of consumer facing companies for high returns
2. Aiming for long term wealth creation
3. With a 5+ year investment horizon
4. Who are at ease with the market’s ups and downs
Note:
• Invest only through SIP
Fund’s Investment Strategy:
The Scheme seeks to generate long term capital growth by investing in securities of the Nifty Non-Cyclical Consumer Index (TRI) in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty Non-Cyclical Consumer Index, subject to tracking errors.
Fund Manager:
1) Aakash Ashokkumar Chauhan
Education: MBA in Finance
Experience: Prior to Joining Groww AMC, he was associated with Trust Mutual Fund, Mirae Asset Capital Markets (India) Pvt Ltd. & BP Wealth Pvt Ltd.
2) Nikhil Satam
Education: B. com, Masters in Finance.
Experience: Prior to joining Groww MF he was associated with Groww Invest Tech Private Ltd (formerly known as Nextbillion Technology Pvt. Ltd).
3) Shashi Kumar
Education: BBA, PGDBM
Experience: Prior to joining Groww MF, he was associated with Bharti Axa Life Co. Ltd. & Canara HSBC Life Insurance Co. Ltd.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 30 days |
Basic Details of Groww Nifty Non-Cyclical Consumer Index Fund
| Fund House | Groww Mutual Fund |
| Launch Date | 22-May-24 |
| Return Since Launch | 9.24% |
| Benchmark | Nifty Non-Cyclical Consumer TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 50 Cr |
| (As on 30-Apr-2025) | |
| Expense | 0.40% |
| (As on 30-Apr-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Groww Nifty Non-Cyclical Consumer Index Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Groww Nifty Non-Cyclical Consumer Index Dir | 0.12 | 0.40 | 2.86 | 9.35 | 3.60 | — | — | — | — | — |
| BSE 500 TRI | 2.44 | 0.37 | 6.86 | 10.86 | 4.22 | — | — | — | — | — |
| Equity: Thematic-Consumption | -1.12 | 0.37 | 4.41 | 8.92 | 2.13 | — | — | — | — | — |
| Rank within category | 8 | 11 | 22 | 11 | 5 | — | — | — | — | — |
| Number of funds in category | 21 | 24 | 24 | 22 | 18 | 15 | 11 | 11 | 8 | 7 |
Peer Comparison of Groww Nifty Non-Cyclical Consumer Index 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 Nifty Non-Cyclical Consumer Index Dir | Unrated | — | — | — | 0.40 | 50 | 9.24 | 1.00 (30) | 11M | 6.00 |
| Mirae Asset Great Consumer Dir | 4 star | 10.96 | 23.44 | 27.63 | 0.44 | 4,117 | 18.31 | 1.00 (365) | 12Y 4M | 46.00 |
| ICICI Pru Bharat Consumption Dir | 4 star | 8.40 | 21.52 | 24.84 | 1.17 | 3,103 | 17.38 | 1.00 (90) | 6Y 1M | 96.00 |
| SBI Consumption Opportunities Dir | 4 star | 10.35 | 21.08 | 30.68 | 0.93 | 3,028 | 17.16 | 0.10 (30) | 12Y 4M | 30.00 |
| Nippon India Consumption Dir | 5 star | 10.44 | 24.25 | 29.49 | 0.58 | 2,381 | 14.91 | 1.00 (30) | 12Y 4M | 29.00 |
Portfolio Analysis of Groww Nifty Non-Cyclical Consumer
| No. of Stocks | 30 |
| Top 10 Stocks | 63.88% |
| Top 5 Stocks | 42.36% |
| Top 3 Sectors | 81.14% |
| Portfolio P/B Ratio | 15.56 |
| Portfolio P/E Ratio | 78.29 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,27,270 | 1,50,531 |
| Giant (%) | 66.26 | 51.48 |
| Large (%) | 26.11 | 23.54 |
| Mid (%) | 7.63 | 24.67 |
| Small (%) | — | 9.07 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Groww Nifty Non-Cyclical Consumer Index
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