Groww Multi Asset Allocation Fund Direct Growth

Groww Multi Asset Allocation Fund Direct Growth
Hybrid
Multi Asset Allocation
Very High Risk
Launch date10 Sep 2025
Allotment date01 Oct 2025
End date24 Sep 2025
NAV₹10.00
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Expense ratio, exit load and taxExpense ratio: NAInclusive of GST
Exit loadExit load of 1%, if redeemed within 30 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationNA
Understand terms
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementKaustubh Sule
Sep 2025 - Present
View details
Education
Mr. Sule is a B.E. (Computer Engineering) & MBA (Finance)
Experience
Prior to joining Groww Mutual Fund (formerly, Indiabulls Mutual Fund), he has worked with Axis Asset Management Company Ltd. HDFC Standard Life Insurance Company Ltd., Reliance Life Insurance Company Ltd., Union Bank of India, Hexaware Technologies Ltd.
Also manages these schemes
Groww Liquid Fund Direct Growth
Groww Short Duration Fund Direct Growth
Groww Arbitrage Fund Direct Growth
Groww Dynamic Bond Fund Direct Growth
Groww Aggressive Hybrid Fund Direct Growth
Groww Overnight Fund Direct Growth
Groww Gilt Fund Direct Growth
Paras Matalia
Sep 2025 - Present
View details
Education
Mr. Matalia has done B.Com and CA
Experience
Prior to joining Groww Mutual Fund, he has worked with Samco MF, Samco Sec. Ltd, Batliboi & Purohit and Mahajan & Aibara
Also manages these schemes
Groww ELSS Tax Saver Fund Direct Growth
Wilfred Peter Gonsalves
Sep 2025 - Present
View details
Education
Mr. Gonsalves has done CA and B.Com
Experience
Prior to joining Groww Mutual Fund, he has worked with Edelweiss Tokio Life Insurance and L&T Finance
Also manages these schemes
Groww Gold ETF FOF Direct Growth
Groww Silver ETF FoF Direct Growth
Fund house & investment objective
Groww Mutual Fund
Rank (total assets)#41 in India
Total AUM₹2,509.32Cr
Date of Incorporation10 Apr 2008
    Groww Multi Asset Allocation Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Groww Mutual Fund.     This scheme was made available to investors on 10 Apr 2008.     Kaustubh Sule is the Current Fund Manager of Groww Multi Asset Allocation Fund Direct Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹2,509 Cr and     the Latest NAV as of 01 Oct 2025 is ₹10.00.  

    The Groww Multi Asset Allocation Fund Direct Growth is rated Very High risk.     Minimum SIP Investment is set to ₹500.          Exit load of 1%, if redeemed within 30 days.
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Investment ObjectiveThe 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. 
 
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Fund benchmarkNA
Scheme Information Document(SID)
Fund house contact details
Address
505 – 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel,Maharashtra Mumbai 400013
Phone
8050180222
Launch Date
10 Apr 2008
E-mail
Customer Support Email id:  [email protected]
Website
growwmf.in
Peer ComparisonHybrid, Multi Asset Allocation fundsRating1Y3YFund Size(Cr)
ICICI Prudential Multi Asset Fund Direct Growth
5
8.2%21.2%64,770.24
UTI Multi Asset Allocation Fund Direct Growth
4
2.1%20.2%5,940.72
SBI Multi Asset Allocation Fund Direct Growth
4
8.5%17.8%9,819.38
Tata Multi Asset Allocation Fund Direct Growth
3
5.7%17.1%4,047.69
HDFC Multi Asset Fund Direct Growth
4
7.1%16.4%4,714.59

Rank (total assets)	#41 in India
Total AUM	₹2,509.32Cr

Date of Incorporation	10 Apr 2008

Fund benchmark	NA

Hybrid, Multi Asset Allocation funds	Rating	1Y	3Y	Fund Size(Cr)
ICICI Prudential Multi Asset Fund Direct Growth	5	8.2%	21.2%	64,770.24
UTI Multi Asset Allocation Fund Direct Growth	4	2.1%	20.2%	5,940.72
SBI Multi Asset Allocation Fund Direct Growth	4	8.5%	17.8%	9,819.38
Tata Multi Asset Allocation Fund Direct Growth	3	5.7%	17.1%	4,047.69
HDFC Multi Asset Fund Direct Growth	4	7.1%	16.4%	4,714.59