Groww Nifty India Defence ETF FoF Direct Growth
HybridFund of FundsVery High Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹23 Cr
Expense Ratio
0.21%
ISIN
INF666M01IQ3
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
09 Oct 2024
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹8.89, Assets Under Management (AUM) of 23.16 Crores, and an expense ratio of 0.21%.
- Groww Nifty India Defence ETF FoF Direct Growth has given a CAGR return of -11.10% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and -0.06% in cash & cash equivalents.
- You can start investing in Groww Nifty India Defence ETF FoF Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
Since Inception
-11.10%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Others | ₹23.16 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Groww Nifty India Defence ETF | Mutual Fund - ETF | ₹23.17 Cr | 100.06% |
| Net Receivable/Payable | Cash | ₹-0.01 Cr | 0.06% |
Allocation By Market Cap (Equity)
Large Cap Stocks
41.11%
Mid Cap Stocks
35.23%
Small Cap Stocks
23.56%
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Mutual Fund - ETF | ₹23.17 Cr | 100.06% |
| Cash | ₹-0.01 Cr | 0.06% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Abhishek Jain
Since October 2024
Additional Scheme Detailsas of 31st October 2024
ISIN INF666M01IQ3 | Expense Ratio 0.21% | Exit Load 1.00% | Fund Size ₹23 Cr | Age 1 month | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark Nifty India Defence |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Fund of Funds Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Quantum Nifty 50 ETF Fund of Fund Direct Growth Very High Risk | 0.1% | 0.0% | ₹23.33 Cr | 19.1% |
| Quantum Nifty 50 ETF Fund of Fund Regular Growth Very High Risk | 0.2% | 0.0% | ₹23.33 Cr | 18.9% |
| Aditya Birla Sun Life Multi- Index Fund of Funds Direct Growth High Risk | 0.6% | 0.0% | ₹17.52 Cr | 26.2% |
| Aditya Birla Sun Life Multi- Index Fund of Funds Regular Growth High Risk | 0.9% | 0.0% | ₹17.52 Cr | 25.8% |
| Axis Equity ETFs FoF Regular Growth Very High Risk | 0.7% | 1.0% | ₹23.85 Cr | 21.8% |
| Axis Equity ETFs FoF Direct Growth Very High Risk | 0.1% | 1.0% | ₹23.85 Cr | 22.1% |
| ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Regular Growth Very High Risk | 0.5% | 0.0% | ₹1342.21 Cr | 21.4% |
| ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Direct Growth Very High Risk | 0.1% | 0.0% | ₹1342.21 Cr | 21.7% |
| Quantum Multi Asset Fund of Funds Direct Growth High Risk | 0.1% | 1.0% | ₹60.11 Cr | 16.3% |
| ICICI Prudential Asset Allocator Fund (FOF) Regular Growth High Risk | 1.8% | 1.0% | ₹23211.76 Cr | 17.4% |
Risk Level
Your principal amount will be at Very High Risk
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- Abhishek Jain
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