EquityLarge Cap FundRegularIDCWVery High

Groww Large Cap Fund

Q: What is the NAV of Groww Large Cap Fund?

As of 01 Oct 2026, the NAV of Groww Large Cap Fund is ₹24.10 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Groww Large Cap Fund delivered?

Groww Large Cap Fund has returned -5.79% over 1 year, +7.61% per year over 3 years, +6.83% per year over 5 years and +9.61% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Groww Large Cap Fund?

Groww Large Cap Fund charges an expense ratio of 2.71% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Groww Large Cap Fund?

Groww Large Cap Fund's largest holdings are ICICI Bank Limited (9.2%), HDFC Bank Limited (7.8%), Larsen & Toubro Limited (7.3%), Bharti Airtel Limited (4.7%) and Coforge Limited (3.6%). Holdings are disclosed monthly and change over time.

Q: How risky is Groww Large Cap Fund?

Groww Large Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.9% and its worst peak-to-trough fall in our sample was -36.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.08 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Groww Large Cap Fund's 0.08 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Groww Large Cap Fund?

Groww Large Cap Fund is benchmarked against the NIFTY 100 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages Groww Large Cap Fund?

Groww Large Cap Fund is managed by Nikhil Satam, Anupam Tiwari and Saptarshee Chatterjee at Groww.

Q: How is Groww Large Cap Fund taxed?

Groww Large Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Groww Mutual Fund · Best Large Cap Mutual Funds

NAV

₹24.10

-0.99% 1D

as of 01 Oct 2026

This is the Regular plan of Groww Large Cap Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed quarterly, which is why this NAV sits below the growth plan of the same fund.

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Performance

-5.48%CAGR

52-week rangePrev NAV ₹24.34

Latest ₹24.10

Low ₹23.0529th percentile of its 52-week rangeHigh ₹26.73

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Equity funds (same plan and option) to rank against yet.

Performance—

Not enough Large Cap Fund peers to rank yet

Risk—

Volatility 13.9% (no category average yet)

Cost—

2.7% expense (no category average yet)

ConsistencyHigh

96% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Consistent — positive in 96% of rolling 3-year windows

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.71%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

22.24

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.08

Category —

Scheme Info

Definitions

Plan

Regular · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

1% if redeemed/ switched outwithin 7 Days from the date ofallotment, Nil - if redeemed/ switched out after 7 Days from the date of allotment

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹1,00,10,05,00,500

Smallest one-time (lumpsum) investment the scheme accepts

₹500

NIFTY 100 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

09 Mar 2017

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-6.26%

Absolute return over the last 3 months (not annualized)

-5.56%

Absolute return over the last 6 months (not annualized)

+2.60%

Absolute return since 1 Jan of this year (not annualized)

-8.85%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-5.79%

3-year annualized return (CAGR)

+7.61%

5-year annualized return (CAGR)

+6.83%

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+9.61%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

13.90%

Excess return per unit of total volatility (rf = 6.5%)

0.08

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.11

Largest peak-to-trough decline over full history

-36.78%

Benchmark ratios (vs Nifty 100 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 100 TRI

0.04%

Sensitivity to Nifty 100 TRI moves; 1 = moves with the index

0.98

How much of the fund's movement Nifty 100 TRI explains

96.0%

Excess return per unit of beta (market risk)

1.52

Active return over the benchmark per unit of tracking error

-0.00

Annualized std dev of fund-minus-benchmark returns

2.98%

Fund's share of benchmark gains in up months (100 = matches index)

101.2%

Fund's share of benchmark losses in down months (lower is better)

101.7%

Computed vs the Nifty 100 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Large Cap Fund)

Period	Fund	Category avg.	Diff
1M abs	-6.26%	—	—
3M abs	-5.56%	—	—
6M abs	+2.60%	—	—
1Y CAGR	-5.79%	—	—
3Y CAGR	+7.61%	—	—
5Y CAGR	+6.83%	—	—

Category average across peers in Large Cap Fund, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.87L

Absolute

+14.51%

XIRR

+5.53%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Groww Large Cap Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 100 TRI	Diff
2026part	-8.85%	-10.54%	+1.69%
2025	+7.52%	+10.40%	-2.88%
2024	+12.54%	+13.11%	-0.57%
2023	+22.27%	+21.72%	+0.55%
2022	+4.44%	+5.03%	-0.59%
2021	+17.43%	+26.41%	-8.98%
2020	+8.17%	+16.49%	-8.32%
2019	+11.78%	+11.77%	+0.01%
2018	-1.31%	+2.35%	-3.66%
2017part	+21.86%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

Recent changes

Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.

Fund manager change — Gagan Thareja stepped away
03 Oct 2026

History points

2,358

Expense ratio

2.71%

AUM

₹117.06Cr

Portfolio turnover

81%

Exit load

1% if redeemed/ switched outwithin 7 Days from the date ofallotment, Nil - if redeemed/ switched out after 7 Days from the date of allotment

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

22.2

P/B ratio

4.9

Avg market cap

₹5,01,253Cr

P/E & P/B are portfolio-weighted harmonic means across 36 of 45 equity holdings (85% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Large Cap Fund

Compare all


Groww Large Cap FundThis fund Groww · Regular · Quarterly IDCW	—	-5.79%	+7.61%	+6.83%	—	2.71%	—
quant Large Cap Fund quant · Regular · IDCW	—	+1.89%	+10.65%	—	—	2.87%	₹3,172Cr
WhiteOak Capital Large Cap Fund WhiteOak Capital · Regular · IDCW	—	-4.91%	+10.05%	—	—	2.48%	₹1,167Cr
Bank of India Large Cap Fund Bank of India · Regular · IDCW	—	+0.31%	+9.98%	+7.64%	—	2.74%	₹212.41Cr
Groww Large Cap Fund Groww · Regular · IDCW	—	-5.80%	+7.61%	+6.82%	—	2.71%	—
Groww Large Cap Fund Groww · Regular · Half-Yearly IDCW	—	-5.83%	+7.60%	+6.84%	—	2.71%	—

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 99% of the equity sleeve priced.

Large cap91.1%
Mid cap8.8%
Small cap0.0%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity93.05%
Cash & Equivalents6.95%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Canara Robeco Large Cap Fund Canara Robeco · Large Cap Fund	63.7%!	★★★★☆	0.63%	+8.81%
Invesco India Multi Asset Allocation Fund Invesco · Multi Asset Allocation	61.1% of 37% equity	★★★★☆	0.54%	—
Axis Large Cap Fund Axis · Large Cap Fund	60.8%	★★★☆☆	0.92%	+7.70%
LIC MF Nifty 50 Index Fund LIC · Index Funds	60.5%	★★☆☆☆	0.56%	+5.32%
Bandhan Nifty 50 Index Fund Bandhan · Index Funds	60.5%	★★★☆☆	0.16%	+5.52%
UTI Nifty 50 ETF UTI · Equity ETF	60.5%	★★★☆☆	—	+5.68%
Nippon India ETF Nifty 50 BeES Nippon India · Other ETFs	60.5%	—	0.04%	+5.69%
Edelweiss Nifty 50 Index Fund Edelweiss · Index Funds	60.5%	★★★☆☆	0.14%	+5.53%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-36.8%20 Dec 2019 → 23 Mar 2020
Fell over 3 months, back to the old high on 17 Nov 2020 — 8 months under water after the low.
-19.5%23 Sep 2024 → 28 Feb 2025
Still below that high — 5 months down, and no recovery yet.
-18.3%18 Oct 2021 → 17 Jun 2022
Fell over 8 months, back to the old high on 29 Nov 2022 — 5 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

AMC Profile

Groww Mutual Fund is the asset management arm of the Groww investing platform, which acquired Indiabulls Mutual Fund in 2023 and rebranded it. The house leans towards low-cost index and passive schemes alongside a small active line-up.

Launched

09 Apr 2008

Total AUM

₹6,571Cr+28.7% QoQ

Avg AUM · July - September 2026

Website

growwmf.in

Fund Managers

NSNikhil SatamStart date not disclosed

Education

B. Com & Masters in Finance (MFM)

Experience

Mr. Nikhil Satam has over 11 years of work experience in the financial services industry. Since FOF June 2023, he has been working as an Equity dealer in existing equity schemes of Groww Asset Management Ltd. (Groww AMC), wherein he handles all active and passive scheme dealings. Additionally, he is also working as a backup Fund Manager for passive schemes. Prior to joining Groww AMC, he was associated with Groww Invest Tech Private Ltd (formerly known as Nextbillion Technology Pvt. Ltd). Earlier, he worked with Motilal Oswal and Kotak Securities as an Equity Dealer.

Funds managed (44)

All schemes Nikhil Satam runs →

ATAnupam TiwariStart date not disclosed

Role

Head of Equity

Education

Experience

Mr. Anupam brings 18 years of extensive experience in the Mutual Fund Industry, having served as an Equity Analyst at Reliance Mutual Fund for 5 years. He then held roles as an - Equity Fund Manager at Reliance Life Insurance Company, Principal at PNB Asset Management Company, and Axis Asset Management Company in his most recent assignment prior to joining Groww AMC. Place: Mumbai Date: June 03, 2026 – 400013. from the said effective date. of both Direct and Regular plans in the the existing instalments to the conditions specified Place: Mumbai Date: June 29, 2026 Changes Appointed w.e.f July 31, 2026 Cessation w.e.f July 31, 2026 & Investor Cessation w.e.f July 31, 2026 Place: Mumbai Date: July 31, 2026

Funds managed (5)

All schemes Anupam Tiwari runs →

SCSaptarshee ChatterjeeStart date not disclosed

Role

Senior Research Analyst

Education

• CFA Level 3 passed • PGDM (Finance) from IIM Indore BE (E.T.C.E)

Experience

Mr. Saptarshee Chatterjee has 8 years of overall experience as an analyst. Prior to joining GMF, he was associated with Centrum Wealth Management Limited & Edelweiss Financial Services Limited.

Funds managed (4)

All schemes Saptarshee Chatterjee runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Nikhil Satam Anupam Tiwari Saptarshee Chatterjee

Top holdings

ICICI Bank Limited HDFC Bank Limited Larsen & Toubro Limited Bharti Airtel Limited Coforge Limited Cummins India Limited Bajaj Finance Limited State Bank of India Mahindra & Mahindra Limited Cholamandalam Invest & Finance Co Ltd Samvardhana Motherson International Ltd Eternal Limited

Groww in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Large Cap funds

Large cap funds invest mainly in India's 100 biggest listed companies. They tend to be steadier than mid- and small-cap funds, with more modest but more dependable growth.

Frequently asked questions

What is the NAV of Groww Large Cap Fund?

As of 01 Oct 2026, the NAV of Groww Large Cap Fund is ₹24.10 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Groww Large Cap Fund delivered?

Groww Large Cap Fund has returned -5.79% over 1 year, +7.61% per year over 3 years, +6.83% per year over 5 years and +9.61% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Groww Large Cap Fund?

Groww Large Cap Fund charges an expense ratio of 2.71% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Groww Large Cap Fund?

Groww Large Cap Fund's largest holdings are ICICI Bank Limited (9.2%), HDFC Bank Limited (7.8%), Larsen & Toubro Limited (7.3%), Bharti Airtel Limited (4.7%) and Coforge Limited (3.6%). Holdings are disclosed monthly and change over time.

How risky is Groww Large Cap Fund?

Groww Large Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.9% and its worst peak-to-trough fall in our sample was -36.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.08 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Groww Large Cap Fund's 0.08 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Groww Large Cap Fund?

Groww Large Cap Fund is benchmarked against the NIFTY 100 TRI. Its alpha and beta on this page are measured against that index.

Who manages Groww Large Cap Fund?

Groww Large Cap Fund is managed by Nikhil Satam, Anupam Tiwari and Saptarshee Chatterjee at Groww.

How is Groww Large Cap Fund taxed?

Groww Large Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.