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Groww Nifty Non-Cyclical Consumer Index Fund - Direct Plan Growth

Groww · Scheme 152637

10.51 0.91%NAV · 2026-09-18
34
Weak FundScore
Start SIP
AUM
₹43 cr
Expense ratio
0.64%
3Y CAGR
Risk level
High
Min SIP
₹500
Benchmark
Underlying index
Fund manager: Abhishek JainExit load: Exit load of 1%, if redeemed within 30 days.
Below average · 34/100

Lags peers on our factors — weigh the risks carefully.

🎯 Best held for the long term (5+ years) as part of a diversified portfolio.

📈 Why it could do well

  • Low cost — 0.64% expense ratio means more of the return stays with you.
  • Volatility: 14% annualised
  • Max drawdown: -27%

📉 What could drag it down

  • Down 6.1% over the last year — currently out of favour.
  • Weak risk-adjusted returns (Sharpe -0.22) — took on risk without enough payoff.
  • Short track record — not enough history yet to judge long-term performance; treat the score as provisional.
  • 1Y return: -6.1%
  • 1Y return vs category: -13.9% vs category avg

FundScore breakdown

34/100 · Weak
How it works →
0
Returns
Weak
50
Consistency
Average
18
Risk-adjusted
Weak
66
Downside protection
Decent
73
Cost efficiency
Strong
50
Portfolio quality
Average

Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.

SIP return calculator

Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.