Business Today
Subscribe
PMS TodayUS NewsIndiaUPSTARTWeatherBT ShortsNRIEducationElection
BT GolfBT MindrushBT Best Banks
Search

COMPANIES

No Data Found

NEWS

No Data Found
News
mutual funds
groww nifty non-cyclical consumer index fund direct growth
Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth

Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth

  • Very High Risk
  • Equity
  • Index Funds
Share
  • Whatsapp
  • Twitter
  • Facebook
NAV as on Jul 4, 2025
i
Price per unit of the scheme.
₹ 10.9788-0.48%1 Day Change
2.44%
Minimum Investment₹500
Expense Ratio--

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth
VS
Equity: Index Funds Average NAV
    Topper in Equity: Index Funds
    ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
    Share
    • Whatsapp
    • Twitter
    • Facebook

    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    Nifty Non-Cyclical Consumer Index
    Expense Ratio
    -%
    Category Avg Expense Ratio
    0.24%
    Minimum Investment (Lumpsum/SIP)
    ₹ 500 /₹ 100
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 49.59 Cr(As on May, 2025)
    Inception Date
    May 23, 2024
    Turnover
    - %
    Exit Load
    In respect of each purchase/switch-in of units, an Exit load of 1% is payable if units are redeemed/switched-out within 30 days from the date of allotment. No Exit Load is payable if units are redeemed / switched-out after 30 days from the date of allotment. No Entry / Exit Load shall be levied on Units allotted on Re-investment of Income Distribution cum Capital Withdrawal. In respect of Systematic Transactions such as SIP, STP, etc. Exit Load, if any, prevailing on the date of registration / enrolment shall be levied.

    bt_logoABOUT THE FUND

    Objective: The investment objective of the Scheme is to generate long term capital growth by investing in securities of the Nifty Non-Cyclical Consumer Index (TRI) in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty Non-Cyclical Consumer Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth is an Equity - Index Funds fund. The fund was launched inMay 23, 2024. Its risk level is . The NAV of the fund as onJul 04, 2025 is ₹10.98. Its expense ratio is - %. The fund has an AUM of ₹49.59 Cr.The fund is managed byAbhishek Jain,Nikhil Satam,Aakash Chauhan,Shashi Kumar.
    The minimum initial investment is  ₹500 in Lumpsum mode.

    SUBSCRIBE TO
    BUSINESS TODAY MAGAZINE
    Subscribe Now
    Already a subscriber?Login

    bt_logoFUND MANAGER

    Abhishek Jain
    Abhishek Jain
    i
    Lead Fund Manager.
    May 22, 2024 - Present
    • Fund Manager Rank--Out of 0
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed2
    • Total AUM₹ 189.00 Cr
    • Highest Return In 1 Yr4.52 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth
    --
    ₹ 10.98
    2.44%
    -%
    Very High Risk
    ₹49.59Cr
    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
    --
    ₹ 9.02
    0.95%
    -%
    Very High Risk
    ₹139.42Cr
    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth
    Very High Risk--
    • NAV₹ 10.98
    • Fund Size₹49.59Cr
    Fund Return2.44%
    Category Return--
    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
    Very High Risk--
    • NAV₹ 9.02
    • Fund Size₹139.42Cr
    Fund Return0.95%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Nikhil Satam
    Nikhil Satam
    i
    Lead Fund Manager.
    Feb 21, 2025 - Present
    • Schemes managed2
    • Total AUM₹ 189.00 Cr
    • Highest Return In 1 Yr4.52 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
    --
    ₹ 9.02
    0.95%
    -%
    Very High Risk
    ₹139.42Cr
    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth
    --
    ₹ 10.98
    2.44%
    -%
    Very High Risk
    ₹49.59Cr
    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
    Very High Risk--
    • NAV₹ 9.02
    • Fund Size₹139.42Cr
    Fund Return0.95%
    Category Return--
    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth
    Very High Risk--
    • NAV₹ 10.98
    • Fund Size₹49.59Cr
    Fund Return2.44%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Aakash Chauhan
    Aakash Chauhan
    i
    Lead Fund Manager.
    Apr 14, 2025 - Present
    • Schemes managed2
    • Total AUM₹ 189.00 Cr
    • Highest Return In 1 Yr4.52 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth
    --
    ₹ 10.98
    2.44%
    -%
    Very High Risk
    ₹49.59Cr
    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
    --
    ₹ 9.02
    0.95%
    -%
    Very High Risk
    ₹139.42Cr
    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth
    Very High Risk--
    • NAV₹ 10.98
    • Fund Size₹49.59Cr
    Fund Return2.44%
    Category Return--
    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
    Very High Risk--
    • NAV₹ 9.02
    • Fund Size₹139.42Cr
    Fund Return0.95%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Shashi Kumar
    Shashi Kumar
    i
    Lead Fund Manager.
    May 16, 2025 - Present
    • Schemes managed2
    • Total AUM₹ 189.00 Cr
    • Highest Return In 1 Yr4.52 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
    --
    ₹ 9.02
    0.95%
    -%
    Very High Risk
    ₹139.42Cr
    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth
    --
    ₹ 10.98
    2.44%
    -%
    Very High Risk
    ₹49.59Cr
    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
    Very High Risk--
    • NAV₹ 9.02
    • Fund Size₹139.42Cr
    Fund Return0.95%
    Category Return--
    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth
    Very High Risk--
    • NAV₹ 10.98
    • Fund Size₹49.59Cr
    Fund Return2.44%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on May, 2025
    EQUITY (100.01%)
    DEBT (-%)
    CASH (-0.01%)
    Allocation by Market Cap
    Large Cap(82.81%)
    Mid Cap(16.20%)
    Small Cap(1.00%)
    Industry Holdings
    • Household Personal Products16.17%
    • Telecom Services11.89%
    • Packaged Foods9.85%
    • Tobacco9.68%
    • Internet Retail8.54%
    • Luxury Goods6.48%
    Stock Holdings
    • Bharti Airtel Ltd10.18%
    • ITC Ltd9.68%
    • Hindustan Unilever Ltd9.21%
    • Eternal Ltd7.32%
    • Titan Co Ltd6.48%
    • Trent Ltd5.54%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
      ----
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
      ----
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
      ----
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
      ----
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
      ----
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      --
      This Fund
      VS
      --
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      --
      This Fund
      VS
      --
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      --
      This Fund
      VS
      --
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      --
      This Fund
      VS
      --
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      --
      This Fund
      VS
      --
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      --
      This Fund
      VS
      --
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Groww Value Fund Direct GrowthGroww Value Fund Direct Growth
    ₹ 32.79
    4.03%
    3.42%
    Very High Risk
    ₹ 54.91 Cr
    Groww Large Cap Fund Direct Plan Growth OptionGroww Large Cap Fund Direct Plan Growth Option
    ₹ 51.94
    4.03%
    3.37%
    Very High Risk
    ₹ 127.70 Cr
    Groww ELSS Tax Saver Direct GrowthGroww ELSS Tax Saver Direct Growth
    ₹ 22.86
    3.21%
    3.20%
    Very High Risk
    ₹ 50.73 Cr
    Groww Nifty Non-Cyclical Consumer Index Fund Direct GrowthGroww Nifty Non-Cyclical Consumer Index Fund Direct Growth
    --
    ₹ 10.98
    2.44%
    --
    Very High Risk
    ₹ 49.59 Cr
    Groww Aggressive Hybrid Fund Direct GrowthGroww Aggressive Hybrid Fund Direct Growth
    ₹ 23.32
    2.27%
    2.46%
    Very High Risk
    ₹ 46.90 Cr
    Groww Nifty EV & New Age Automotive ETF FoF Direct GrowthGroww Nifty EV & New Age Automotive ETF FoF Direct Growth
    --
    ₹ 9.02
    0.95%
    --
    Very High Risk
    ₹ 139.42 Cr
    Groww Value Fund Direct Growth
    Very High Risk
    • NAV₹ 32.79
    • Fund Size₹ 54.91 Cr
    1 Month Return4.03%
    Category Return3.42%
    Groww Large Cap Fund Direct Plan Growth Option
    Very High Risk
    • NAV₹ 51.94
    • Fund Size₹ 127.70 Cr
    1 Month Return4.03%
    Category Return3.37%
    Groww ELSS Tax Saver Direct Growth
    Very High Risk
    • NAV₹ 22.86
    • Fund Size₹ 50.73 Cr
    1 Month Return3.21%
    Category Return3.20%
    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth
    Very High Risk--
    • NAV₹ 10.98
    • Fund Size₹ 49.59 Cr
    1 Month Return2.44%
    Category Return--
    Groww Aggressive Hybrid Fund Direct Growth
    Very High Risk
    • NAV₹ 23.32
    • Fund Size₹ 46.90 Cr
    1 Month Return2.27%
    Category Return2.46%
    Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
    Very High Risk--
    • NAV₹ 9.02
    • Fund Size₹ 139.42 Cr
    1 Month Return0.95%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Groww Asset Management Ltd.
    Groww Asset Management Ltd. manages assets worth ₹ 2,249.42 crores. It’s current offering of mutual fund schemes includes 12 equity, 4 debt and 5 hybrid schemes.
    phone icon
    Phone
    80501 80222
    mail icon
    Email
    support@growwmf.in
    aum
    AUM
    ₹ 2,249.42 Cr (
    As on May 31, 2025
    )
    location
    Address
    Jupiter Mills Compound Senapati Bapat Marg Mumbai,400013

    bt_logoFAQ's

    What is the category of Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth ?
    The category of Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth is Equity - Index Funds
    What is the current NAV of Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth ?
    The current NAV of Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth as on Jul 04, 2025 is ₹10.98
    How safe is Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth ?
    The risk level of Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth is Very High.
    What are short term returns given by Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth ?
    The return given by Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth in 1 month is 2.44%, 3 months is 7.62%, 6 months is -1.26%, and 1 year is 4.52%
    What are the long term returns given by Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth ?
    The return given by Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth in 3 years is -- and 5 years is --.
    What is the expense ratio of Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth ?
    The expense ratio of Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth is --
    What is the AUM of Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth ?
    The assets under Management (AUM) of Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth is Rs 49.59 crores.
    What is the minimum investment in Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth ?
    The minimum Lumpsum investment in Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth is ₹500.00 and the minimum SIP investment in Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth is ₹100.00
    What is the asset allocation of Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth?
    Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth has an exposure of 100.01% in Equity

    bt_logoCALCULATORS

    calculatorIncome Tax Calculatorsip calculatorSIP Calculatorfd calculatorFD Calculatordividend yield calculatorDividend Yield Calculatorlump sum calculatorLump-Sum Calculatorcagr calculator CAGR Calculatortop up sip calculatorTop-Up Calculatorlatter factor calculatorLatte Factor Calculator

    bt_logoTop Stories