Groww Multi Asset Allocation Fund
The schemes seeks to achieve long-term capital appreciation by predominantly investing in equity and equity-related instruments, Debt & Money market instruments, Commodities and in units of REITs & InvITs.
Growthvine rating: 1/5 — ranked #47 of 48 in category.
Fund basics
| Category | Hybrid: Multi Asset |
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| NAV | ₹10.15 (as of 2026-09-11) |
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| AUM | ₹403 Cr |
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| Expense ratio | 2.04% |
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| Riskometer | Very High |
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| Fund manager | Paras Matalia |
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| Exit load | 1% for redemption within 30 days |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | -12.63% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 88.6% of NIFTY Multi Asset - Equity : Debt : Arbitrage : REITs/InvITs (50:20:20:10) Index's upside and 78.5% of its downside.
Market cap allocation
| Large cap | 68.1% |
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| Mid cap | 29.9% |
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| Small cap | 2.0% |
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Concentration
| Top 5 holdings | 17.2% |
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| Top 10 holdings | 26.1% |
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| Total holdings | 89 |
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Top holdings
- GROWW Gold ETF — 13.2%
- Net Receivable / Payable — 8.0%
- TREPS 03-AUG-2026 — 7.9%
- HDFC Bank Ltd. — 4.3%
- ICICI Bank Ltd. — 4.0%
- Mahindra & Mahindra Ltd. — 3.3%
- Reliance Industries Ltd — 3.1%
- Bharti Airtel Ltd. — 2.4%
- Bajaj Finance Limited — 2.2%
- Larsen & Toubro Limited — 2.0%
Top sectors
- Banking & Financial — 18.6%
- Automobile — 8.3%
- Construction — 3.4%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | -1.9% | Q4 (Bottom) | #41 of 44 |