Groww Multi Asset Allocation Fund

About us

For distributors

Transact online

Hybrid

Very High Risk

NFO Opening date

10 Sep 2025

End date

24 Sep 2025

Scheme re-opens on or before

09 Oct 2024

Why consider Groww Multi Asset Allocation Fund?

Combines multiple asset classes in one fund

The fund seeks to invest across equity, debt, gold, silver etc — each aiming to play a different role, from growth to hedge against inflation. This mix aims to simplify diversified investing through a single portfolio.

Asset allocation at the core

Multiple studies have shown that asset allocation is the primary driver of long-term portfolio outcomes — outweighing individual stock selection or market timing.* Groww Multi Asset Allocation Fund is built on this insight and places allocation at the center of its investment process.

The fund uses SHAASTRA — Strategic Holistic Asset Allocation and Systematic Technical Risk Assessment — a proprietary platform by Groww Mutual Fund. SHAASTRA analyses macro, technical, and market data to guide asset allocation. These signals support the fund manager in making informed decisions, aiming to reduce bias, identify risks early, and improve how the portfolio is managed.

Seeks to adapt to evolving market conditions

The fund follows an asset allocation framework that considers both macroeconomic trends and investor sentiment. Depending on the environment, it may tilt towards growth (such as overweight equity), or take a more cautious or defensive position by increasing exposure to debt or gold.

Seeks to offer equity taxation with diversification

By aiming to maintain gross equity exposure above 65%, the fund seeks to qualify for equity taxation while offering access to other asset classes like debt, gold, silver, and more.^

Who may consider?

Want to invest across diversified asset classes without actively managing allocation themselves

Seek long-term capital appreciation with potentially lower drawdowns

Prefer relatively lower volatility in their investing journey across market cycles

Are looking for a core portfolio holding that evolves with market dynamics

Are first-time investors seeking a simple, diversified option to start investing

Minimum investment amounts

Minimum SIP investment

₹500

Minimum Lumpsum investment

₹500

Expense ratio, exit load and tax

Unit Price

Offer for Sale of Units at ₹10 during NFO period

Total Expense ratio:

upto 2.25%

Exit load

Nil

Stamp duty on investment: 0.005%

from July 1st 2020

Tax implication:

Returns are taxed at normal rate of tax applicable to the assessee, if you redeem before 1 year. After 1 year, you are required to pay LTCG Tax of 12.5% on returns of more than ₹1Lakh in a financial year

Fund management

Mr. Kaustubh Sule
Sep 2025
- Present
View details

About

Kaustubh is a seasoned Senior Fund Manager - Debt at Groww Asset Management Limited, having joined since its inception in May 2023. With 17 years of experience in various roles, he specializes in Fixed Income Strategies, including money market, macro, and duration strategies. Kaustubh began his Investment Management career as a Fixed Income Trader at Union Bank of India's Treasury Desk. He further gained valuable expertise at Nippon Life and HDFC Life before joining Axis AMC as a Fund Manager - Fixed Income, where he managed medium-term and long-term Fixed Income strategies. He holds a B.E. in Computer Engineering from PICT, Pune University, and an MBA in Finance from VGSoM, IIT Kharagpur, providing him with a strong technical and financial background. Throughout his career, Kaustubh actively traded various fixed income instruments, including Government Securities, Corporate Bonds, Interest Rate Swaps, and Interest Rate Futures.

Mr. Paras Matalia
Sep 2025
- Present
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About

Mr. Paras Matalia has about 7 years of experience in the capital markets. He started out as an equity research Analyst with Samco Securities Limited. Just prior to joining Groww Mutual Fund, he was working with Samco Mutual Fund as Fund Manager and Head of Equities.

Mr. Wilfred Peter Gonsalves
Sep 2025
- Present
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About

Wilfred has over 7 years of experience in Investment Management, with a strong background in credit analysis, macroeconomics, fixed income, and gold. At Whiteoak Capital, where he worked for 1.5 years, Wilfred specialized as a dealer in Fixed Income securities and supported Gold ETF units trading. Prior to this, he served as a Fixed Income Dealer at Edelweiss Tokio Life Insurance for 3 years, where his responsibilities included Fixed Income trading and portfolio management. Additionally, at L&T Finance, Wilfred was part of the Deal Origination team for 2 years, conducting in-depth credit analysis to support investment decisions.

Investment objective

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. However, there can be no assurance that the investment objective of the scheme will be achieved

Fund benchmark

Nifty 500 TRI (60%) CRISIL Composite Bond Fund Index (30%) Domestic Gold Prices (5%) Domestic Silver Prices (5%)

Type of Scheme

An open-ended scheme investing in Equity, Debt, Commodities and in units of REITs & InvITs

Riskometer

This product is suitable for investors who are seeking*

• Investments in equity and equity-related instruments, Debt & Money market instruments, Commodities and in units of REITs & InvITs • Long-term capital growth

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

Scheme Riskometer

Investors understand that thier principal will be at Very High Risk

Benchmark Riskometer - Nifty 500 TRI (60%) CRISIL Composite Bond Fund Index (30%) Domestic Gold Prices (5%) Domestic Silver Prices (5%)

The Benchmark is at Very High Risk

*The product labelling assigned during the New Fund Offer is based on internal assessment of the Scheme Characteristics or model portfolio and the same may vary post NFO when actual investments are made.

Downloads

PPT - Groww Multi Asset Allocation Fund

One Pager - Groww Multi Asset Allocation Fund

Brochure - Groww Multi Asset Allocation Fund

SID - Groww Multi Asset Allocation Fund

KIM - Groww Multi Asset Allocation Fund

Disclaimer

Please consult your financial advisor before investing.

Source: Brinson et al. (1986), Ibbotson and Kaplan (2000), Xiong et al. (2010)

^As per prevailing tax laws. Given the individual nature of tax consequences, investors are advised to consult their own professional tax advisors.

Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

#The above product labelling assigned during the New Fund Offer (NFO) is based on internal assessment of the Scheme Characteristics or model portfolio and the same may vary post NFO when actual investments are made.

Views expressed herein, involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied herein. Stocks/Sectors/Views should not be construed as an investment advice or a research report or a recommendation by Groww Mutual Fund ("the Fund") / Groww Asset Management Limited (AMC) to buy or sell the stock or any other security. The sector(s) mentioned in this document do not constitute any recommendation of the same and the Fund may or may not have any future position in these sector(s). There is no assurance of any returns/capital protection/capital guarantee to the investors in above mentioned Schemes. The investment approach other data mentioned herein are dated and proposed to be followed by the scheme and the same may change in future depending on market conditions and other factors. The AMC/ trustee/sponsor/group companies shall have no responsibility/liability whatsoever for the accuracy or any use or reliance there of such information.

Mutual funds investments are subject to market risks, read all scheme related documents carefully

Min. SIP amount

₹500

Min. Lumpsum amount

₹500

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