Groww Nifty Total Market Index Fund - Regular Plan - Idcw - Payout

Groww Nifty Total Market Index Fund - Regular Plan - Idcw - Payout is a scheme launched by Groww Mutual Fund on October 17, 2023, and falls under the Index fund category. It currently manages an AUM of Rs 316.64 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 500. It charges an expense ratio of 1.05% for managing the portfolio.

• Investing Strategy:

  The investment objective of the scheme is to achieve a return equivalent to the Nifty Total 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.

• Performance:

  Groww Nifty Total Market Index Fund - Regular Plan - Idcw - Payout trailing returns over different times are -1.88% (1 year), 0% (3 year) and 0% (5 year). The average annual return of this fund stands at 3.56%.