Groww Nifty Total Market Index Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.00
• Std Deviation 0.00%
• Tracking Error 0.00%

The investment objective of the scheme is to achieve a return equivalent to the NiftyTotal Market Index-TRI subject to tracking error. This index is diversified throughout the Indian market across sectors and market caps and aims to benefit from India’s economic growth.

The Groww Nifty Total Market Index Fund Regular Growth has an AUM of 340.58 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.25% and an expense ratio of 1.11%. The minimum investment in Groww Nifty Total Market Index Fund Regular Growth is Rs 500 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Medium & Good respectively.

The top holdings of the fund include HDFC Bank, ICICI Bank, Reliance Industries & Bharti Airtel.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Consumer Financial Services.

Some of the similar funds are LIC MF Nifty 50 Index Fund Growth, Edelweiss Nifty Large Mid Cap 250 Index Fund Regular Growth, Motilal Oswal Nifty Capital Market Index Fund Regular Growth, Groww Nifty Total Market Index Fund Regular Growth, Kotak Nifty Midcap 150 Momentum 50 Index Fund Regular Growth. Groww Nifty Total Market Index Fund Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.