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.
Exit Load1.00%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsNA
Kaustubh Sule
Mr. Sule is a B.E. (Computer Engineering) & MBA (Finance)
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.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Groww Multi Asset Allocation Fund is ₹10.39 as of 2026-08-28.
Groww Multi Asset Allocation Fund is classified as a Multi Asset Allocation fund.
The Assets Under Management (AUM) of Groww Multi Asset Allocation Fund is ₹385.71 Cr.
The expense ratio of Groww Multi Asset Allocation Fund is 2.68%.
Groww Multi Asset Allocation Fund is managed by Kaustubh Sule.
The minimum SIP investment for Groww Multi Asset Allocation Fund is ₹500.
The exit load for Groww Multi Asset Allocation Fund is 1%.
As per the SEBI Riskometer, Groww Multi Asset Allocation Fund carries a Very High risk level.
Groww Multi Asset Allocation Fund has delivered 0% (1Y), 0% (3Y) and 0% (5Y) annualised returns as of 2026-08-28.
Groww Multi Asset Allocation Fund was launched on 2008-04-10.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
