Groww Multi Asset Allocation Fund Direct-Growth

Very High Risk
Launch date10 Sep 2025
Allotment date30 Sep 2025
End date24 Sep 2025
NAVNA

Expense ratio, exit load and tax

Expense ratio: NA

Inclusive of GST

Exit load

Exit load of 1%, if redeemed within 30 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

NA

Understand terms

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Kaustubh Sule
Sep 2025 - Present
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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

Paras Matalia
Sep 2025 - Present
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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

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

Fund house & investment objective

Rank (total assets)#41 in India
Total AUM₹2,244.32Cr
Date of Incorporation10 Apr 2008

Groww Multi Asset Allocation Fund Direct-Growth is a NA 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 ₹2,244 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. Minimum Lumpsum Investment is ₹500. Exit load of 1%, if redeemed within 30 days. ;

Investment Objective

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. ;

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

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