myplexus

NFO Monitor

Fund Fact

Name of Funds:

Groww Nifty Non-Cyclical Consumer Index

Opening:

2nd May 2024

Closing:

16th May 2024

Minimum Investment:

Rs. 500/- and in multiples of Re.1

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Nil

Exit Load:

1% of NAV if units are redeemed/switched-out within 30 days from the date of allotment.

Fund Stats

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.

Benchmark:

NIFTY CONSUMPTION

Fund Manager:

Abhishek Jain

Asset Allocation

95-100% Equity upto 5% Money Market

upto 5% Debt Nil Others

Comparable existing schemes

HDFC Non-Cyclical Consumer Fund	6.02(3M)	16.44(6M)
Not Available	Not Available	Not Available

Fund Prognosis

Idea Distiller

Continuity over various market cycles. Small Gains. But regular gains. And low downside. And a growing population….so many ideas

Fund House AAUM:
Rs 65849.77 Lakhs(as on 31st March, 2024)
Fund Manager:
Experience of above 12 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

Not so much oomph as stability and basis for growth. Great for those who want to incrementally climb out of debt to a higher but manageable risk reward trade off.

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