| Launch date | 03 Oct 2023 |
| Allotment date | 23 Oct 2023 |
| End date | 17 Oct 2023 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.40%
Inclusive of GST
Exit load
Exit load of 0.25%, if redeemed within 7 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Shashi KumarMay 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #41 in India |
|---|---|
| Total AUM | ₹3,505.79Cr |
| Date of Incorporation | 10 Apr 2008 |
|---|
Groww Nifty Total Market Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Groww Mutual Fund. This scheme was made available to investors on 10 Apr 2008. Anupam Tiwari is the Current Fund Manager of Groww Nifty Total Market Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,506 Cr and the Latest NAV as of 18 Dec 2025 is ₹14.02. The Groww Nifty Total Market Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. Exit load of 0.25%, if redeemed within 7 days. ;
Investment Objective
The scheme seeks 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. ;
| Fund benchmark | Nifty Total Market Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Equity, Flexi Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Invesco India Flexi Cap Fund Direct Growth | 5 | -2.1% | 22.3% | 4,680.24 |
Parag Parikh Flexi Cap Fund Direct Growth | 5 | 5.6% | 22.0% | 1,25,799.63 |
HDFC Flexi Cap Direct Plan Growth | 5 | 9.0% | 21.5% | 94,068.73 |
HSBC Flexi Cap Fund Direct Growth | 4 | -2.4% | 19.4% | 5,247.71 |
Franklin India Flexi Cap Fund Direct Growth | 4 | 0.8% | 18.1% | 20,021.75 |