Review of Groww Multicap Fund NFO
November 6, 2024
mayank
Review of Groww Multicap Fund NFO @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst.
[ A ] Benchmark Performance of Nifty 500 Multicap 50:25:25 TRI
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 7.45 | 26.83 | 43.15 | 24.70 | 15.60 |
| Total Return | 7.74 | 27.72 | 44.35 | 25.91 | 17.13 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 15.12 | 18.29 | 20.17 |
| Beta (NIFTY 50) | 1.02 | 0.91 | 0.89 |
| Correlation (NIFTY 50) | 0.90 | 0.94 | 0.94 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 30.29 | 4.4 | 0.96 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 4.59 |
| Reliance Industries Ltd. | 3.50 |
| ICICI Bank Ltd. | 3.13 |
| Infosys Ltd | 2.36 |
| ITC Ltd. | 1.68 |
| Bharti Airtel Ltd. | 1.60 |
| Tata Consultancy Services Ltd. | 1.52 |
| Larsen & Toubro Ltd. | 1.51 |
| Axis Bank Ltd. | 1.23 |
| State Bank of India | 1.06 |
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Anupam Tiwari
| Fund | Groww ELSS Tax Saver Fund | It’s Benchmark | Groww Large Cap Fund | It’s Benchmark |
| 1 Year | 36.60 | 35.63 | 32.36 | 32.02 |
| 3 Year | 13.53 | 15.04 | 11.79 | 13.47 |
| 5 Year | 15.54 | 20.58 | 14.32 | 18.62 |
| 7 Year | — | — | 11.70 | 14.98 |
| 10 Year | — | — | 12.13 | 13.75 |
As on 25-10-2024
Note on Fund Managers’ performance
[ C ] Conclusion
Considering above two aspects of this NFO, I donot recommend large investment in this NFO. This being NFO of sectoral nature, small investment may be made.