2023

September
FACTSHEET
 HOW TO READ FACTSHEET

Fund Manager

An employee of the asset management company investment manager to a mutual fund, who manages investments of the scheme. He/She is usually part of a larger investment team.

Application Amount for Fresh Subscription

This is the minimum investment amount that a new investor shall invest in a mutual fund scheme.

Minimum Additional Amount

This is the minimum investment amount for an existing investment from an investor in the mutual fund scheme.

Yield to Maturity

The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond’s current
market price, par value, coupon interest rate and time to maturity.

SIP

SIP or Systematic Investment Plan works on the principle of making periodic investments of a fixed sum in the scheme. For instance, an investor may opt for SIP that invests `500 every
15th of the month in an equity fund for a period of three years or such amount as mentioned in the application form by the investor .

NAV

The NAV or the Net Asset Value is the total asset value per unit of the mutual fund scheme after deducting all related and permissible expenses. The NAV is calculated at the end of
every business day. It is the value at which the investor enters or exits the mutual fund scheme.

Benchmark

A group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of a scheme under a mutual funds, among other
investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-Year Gsec. Further, the benchmark against whose performance of the scheme is shall be mentioned
and in line with the benchmark adopted by mutual fund and mentioned in ‘SID’ Scheme Information Document.

Exit Load

Exit load is charged at the time an investor redeems the units of a scheme. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the
NAV is `100 and the exit load is 1%, the redemption price would be ` 99 Per Unit. Please refer the SID to know in detail about the exit load.

Modified Duration

Modified duration is the price sensitivity and the percentage change in price for a unit change in yield

Standard Deviation

Standard deviation is a statistical measure of the range of an investment’s performance. When a mutual fund has a high standard deviation, its means its range of performance
is wide, implying greater volatility.
 HOW TO READ FACTSHEET

R Square

The R-squared figure demonstrates how much of a fund's movements can be explained by the movements in its benchmark index. The higher the R-squared figure, the more
closely the fund's performance can be explained by its index, whereas a fund with a lower R-squared doesn't behave much like its index.

Beta

Beta is a measure of an investment’s volatility vis-à-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1
implies that the security’s price will be more volatile than the market.

AUM

AUM or Assets Under Management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Macaulay duration

Macaulay duration is defined as the weighted average time to full recovery of principal and interest payments of a bond i.e. the weighted average maturity of cash flows. The
weight of each cash flow is determined by dividing the present value of the cash flow by the price of the bond.

Holdings

The holdings or the portfolio is a mutual fund’s latest or updated reported statement of investments/securities. These are usually displayed in terms of percentage to net assets
or the rupee value or both in line with SEBI Circulars/Regulation. The objective is to give investors an idea of where their money is being invested by the fund manager.

Nature of Scheme

The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by
investing in stock markets is an equity fund or growth fund. Likewise, a scheme of a mutual fund that aims at capital preservation by investing in debt markets is a debt fund
or income fund. Each of these categories may have sub-categories and in line with SEBI Categorization Circular.

Rating Profile

Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings
becomes the rating profile of the fund. Typically, this is a feature of debt funds.
 Snapshot of Equity

Groww Large Cap Fund (formerly known as Groww Value Fund (formerly known as Groww ELSS Tax Saver Fund (formerly known as
Scheme Name
Indiabulls Bluechip Fund) Indiabulls Value Fund) Indiabulls Tax Savings Fund)

Type of Scheme (Large Cap Fund- An open ended equity scheme predominantly (An open ended equity scheme following a value investment strategy) (An open ended equity linked saving scheme with a statutory lock-in
investing in large cap stocks) of 3 years and tax benefit.)

Scheme Characteristics
Min 80% of total assets in large cap equity stocks Value Investment Strategy with Min 65% of total assets in Equity Min 80% of total assets in large equity with a lock in period of 3 years

Indicative Investment Horizon 4 years & above 5 years & above 5 years & above
Investment Style Growth Value Growth
Fund Style Matrix
Capitalisation Large Cap Mid & Small Cap Large & Mid Cap
Inception Date February 10, 2012 September 8, 2015 December 28, 2017

Benchmark NIFTY100 - TRI Nifty 500 TRI S&P BSE 500 TRI

Fund Manager Mr. Anupam Tiwari Debt - Mr. Kaustubh Sule Debt - Mr. Kaustubh Sule

Equity - Mr. Anupam Tiwari Equity - Mr. Anupam Tiwari

Fund Overview
Monthly Average AUM (Rs. in ` 96.98 Crore ` 10.87 Crore ` 38.04 Crore
Crores)
Month End AUM (Rs. in Crores) ` 96.07 Crore ` 11.01 Crore ` 37.90 Crore
Portfolio Turnover 0.83 0.96 0.87
Standard Deviation# 4.0621 4.1142 3.8066
Sharpe Ratio# 0.72 0.95 0.76
Beta# 0.95 0.94 0.89
R Square# 0.95 0.91 0.95
Expense Ratio$ (Regular Plan / 2.30% / 1.06% 2.30% / 1.13% 2.25% / 0.85%
Direct Plan)

Market Capitalisation* (%)

Large Cap 81.50 61.45 68.40
Mid Cap 8.81 6.96 14.59
Small Cap 6.33 19.13 10.04

Portfolio Details
Number of Stocks 43 34 43
Top 10 Stocks (%) 46.82 46.84 42.20
Top 5 Sectors (%) 63.72 60.45 59.23

Other Details
Exit Load a) 1% if redeemed/ switched out within a) 1% if redeemed/ switched out within Nil
7 Days from the date of allotment. 1 year from the date of allotment.
b) Nil - if redeemed/ switched out after b) NIL, if redeemed/ switched out after 1
7 Days from the date of allotment year from the date of allotment

Data as on September 29, 2023. Please consult your financial advisor before investing. $The rates are the actual expenses charged as at the end of the month. Different Plans have different expense structure. For details, please refer to respective page of the scheme in the factsheet. Please refer pg no 20 &
21 for Product Labelling. #Risk free rate : FBIL Overnight Mibor Rate (6.95% as on September 29, 2023). *Market Capitalisation as per Amfi guidelines.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
 Snapshot of Hybrid & ETF Funds

Groww Arbitrage Fund (formerly known as Groww Aggressive Hybrid Fund (formerly known as Groww Nifty50 Exchange Traded Fund (formerly known
Scheme Name
Indiabulls Arbitrage Fund) Indiabulls Equity Hybrid Fund) as Indiabulls Nifty50 Exchange Traded Fund)

Type of Scheme (An open ended scheme investing in arbitrage opportunities.) (An open ended hybrid scheme investing predominantly in equity and (An open-ended Scheme tracking Nifty50 Index)
equity related instruments)
Scheme Characteristics Investment in arbitrage opportunities with a min 65% of total Equity - 65% to 80% of total assets; ETF endeavors to mirror the returns given by the
assets in Equity Debt - 20% to 35% of total assets Nifty 50 as closely as possible post expenses

Indicative Investment Horizon 3 months & above 4 Years & above 4 Years & above
Investment Style - Growth Growth
Fund Style Matrix
Capitalisation - Aggressive Hybrid Fund ETFS
Inception Date December 19, 2014 December 13, 2018 April 26, 2019

Benchmark NIFTY 50 Arbitrage Index CRISIL Hybrid 35+65 - Aggressive Index Nifty 50 TRI (Total Return Index)

Fund Manager Debt - Mr. Kaustubh Sule & Debt - Mr.Karan Singh
Debt - Mr. Kaustubh Sule
Mr.Karan Singh
Equity - Mr. Anupam Tiwari
Equity - Mr. Anupam Tiwari
Equity - Mr. Anupam Tiwari

Fund Overview
Monthly Average AUM (Rs. in ` 2.49 Crore ` 35.09 Crore ` 3.39 Crore
Crores)
Month End AUM (Rs. in Crores) ` 2.49 Crore ` 35.05 Crore ` 3.37 Crore
Portfolio Turnover 9.86 1.03 0.04
Standard Deviation# 0.1691 3.2293 -
Sharpe Ratio# -6.60 1.67 -
Beta# 0.25 1.11 -
R Square# 0.29 0.90 -
Expense Ratio$ (Regular Plan / 1.14% / 0.44% 2.30% /0.85% NA / 0.52%
Direct Plan)

Market Capitalisation* (%)

Large Cap 43.54 57.70 -
Mid Cap 15.78 6.95 -
Small Cap 11.06 5.72 -

Portfolio Details
Number of Stocks 13 41 50
Top 10 Stocks (%) 61.48 36.32 58.14
Top 5 Sectors (%) 58.54 48.10 67.69

Other Details
Exit Load a) 0.25%, if redeemed/ switched out a) 1% if redeemed/ switched out within Nil
within one month from the date of 7 Days from the date of allotment.
allotment. b) Nil - if redeemed/ switched out after
b) Nil, if redeemed/ switched out after 7 Days from the date of allotment
one month from the date of allotment.

Data as on September 29, 2023. Please consult your financial advisor before investing. $The rates are the actual expenses charged as at the end of the month. Different Plans have different expense structure. For details, please refer to respective page of the scheme in the factsheet. Please refer pg no 20 &
21 for Product Labelling. #Risk free rate : FBIL Overnight Mibor Rate (6.95% as on September 29, 2023). *Market Capitalisation as per Amfi guidelines.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
 Snapshot Of Debt & Hybrid Funds
Groww Liquid Fund (formerly Groww Short Duration Fund Groww Dynamic Bond Fund (formerly known
Groww Overnight Fund (formerly
known as Indiabulls (formerly known as Indiabulls
known as Indiabulls Overnight Fund) Liquid Fund) as Indiabulls Dynamic Bond Fund)
Short Term Fund)
Type of Scheme (An open ended debt scheme investing in (An open ended liquid scheme. A An open ended short term debt scheme investing in
(An open ended dynamic debt scheme investing across
overnight securities. A relatively low interest rate relatively low interest rate risk andinstruments such that the Macaulay Duration of the
portfolio is between 1 year and 3 years. A Moderate duration. A relatively high interest rate risk and moderate credit
risk and relatively low credit risk) moderate credit risk.) risk.)
Interest Rate Risk and Moderate Credit Risk.
Max Security level Maturity of upto 91 Macaulay duration of the portfolio is between Investment in debt instruments including but not limited to bonds,
Scheme Characteristics Max Security level Maturity of upto 1 day only
1 year – 3 years debentures, government securities and money market instruments over
days only
various maturity periods
Indicative Investment Horizon 1 day & above 1 day & above 1 year & above 2 year & above
Credit Quality High High Medium to High Medium to High
Fund Style Matrix
Interest Rate Sensitivity Low Low Medium Medium to High
Inception Date July 08, 2019 October 25, 2011 September 13, 2013 December 6, 2018

Benchmark CRISIL Liquid Overnight Index CRISIL Liquid Debt B-I Index CRISIL Short Duration Debt B-II Index CRISIL Dynamic Bond B-III Index

Fund Manager Mr. Karan Singh & Mr. Kaustubh Sule Mr. Karan Singh & Mr. Kaustubh Sule Mr. Karan Singh & Mr. Kaustubh Sule Mr. Kaustubh Sule

Fund Overview
Monthly Average AUM (Rs. in Crores) ` 29.91 Crore ` 146.67 Crore ` 31.96 Crore ` 27.91 Crores
Month End AUM (Rs. in Crores) ` 19.47 Crore ` 107.23 Crore ` 37.51 Crore ` 36.35 Crores
Modified Duration 3.00 Day 40.00 Days 1.87* Years 2.51 Years
Average Maturity 3.00 Day 44.00 Days 2.08 Years 3.35 Years
Annualized YTM 6.79% 7.06% 7.40% 7.13%
Expense Ratio$ (Regular Plan/ Direct Plan) 0.18%/0.08% 0.20% / 0.10% 1.60% / 0.40% 1.45% / 0.45%

Composition of Assets (%)

Certificate of Deposit - 50.80% - -
Treasury Bills 2.55% 8.77% - -
Fixed Deposit - 0.56% 1.33% 2.20%
Commercial Papers - 37.09% - -
Non Convertible Debentures - - - -
Government securities - - 93.97% 61.93%
TREPS/Reverse Repo/ Net current assets 97.45% 2.78% 4.70% 35.87%

Composition by Ratings (%)

AAA & Equivalent - - - -
AA/AA- & Equivalent - - - -
A1+ & Equivalent - 87.89% - -
SOV 2.55% 8.77% 93.97% 61.93%
Cash & Others 97.45% 3.34% 6.03% 38.07%

Other Details
Exit Load Nil Investor Exit Exit Load as a % of Nil Nil
upon subscription* redemption proceeds
Day 1 0.0070 %
Day 2 0.0065 %
Day 3 0.0060 %
Day 4 0.0055 %
Day 5 0.0050 %
Day 6 0.0045 %
Day 7 onwards 0.0000 %

Data as on September 29, 2023. Please consult your financial advisor before investing. $The rates are the actual expenses charged as at the end of the month. Different Plans have different expense structure. For details, please refer to respective page of the scheme in the factsheet. Please refer pg no 20 &
21 for Product Labelling. *Macaulay Duration. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
 GROWW OVERNIGHT FUND
(FORMERLY KNOWN AS INDIABULLS OVERNIGHT FUND)
(An open ended debt scheme investing in overnight securities. A relatively low interest rate
risk and relatively low credit risk)

SEPTEMBER 2023

Investment Objective

The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securities
having maturity of 1 business day. However, there can be no assurance that the investment objective of the scheme will be achieved. The Scheme does not assure or guarantee
any returns.

Fund Snapshot Portfolio

Inception Date (Date of Allotment) Company Name Rating Class % to NAV
08th July, 2019 Treasury Bills
Benchmark
182 Day Treasury
CRISIL Liquid Overnight Index Bill 19-Oct-2023 SOV 2.55%
Fund Manager Sub-Total 2.55%
Mr. Karan Singh
*TREPS/Reverse Repo/Net current assets 97.45%
(Managing Fund Since May 29, 2020)
Managing the Scheme since 3 Years Grand Total 100.00%
Mr. Kaustubh Sule *TREPS : Tri-party repo dealing system
(Managing Fund Since May 11, 2023)
Managing the Scheme since 5 Months
Minimum Investment Amount (for fresh application)
For Lumpsum & SIP : ` 100 and in multiples of ` 1/-
thereafter
Minimum Additional Investment
` 100 and in multiples of ` 1/- thereafter
Load Structure (as % of NAV)
Entry Load: Not Applicable
Exit Load: Nil
Fund Size (as on September 29, 2023)
Monthly Average AUM ` 29.91 Crore Performance Report
Month End AUM ` 19.47 Crore
Regular Plan Scheme Benchmark* Additional Benchmark**
Maturity and Yield
Period Returns Value of Std Returns Value of Returns Value of
(%) Investment of (%) Rs. 10,000 (%) Rs. 10,000
Rs. 10,000
Modified Average Macaulay Annualized invested invested
invested
Duration Maturity Duration YTM
7 days 0.1073 10,010.73 0.1115 10,011.15 0.1445 10,014.45
3.00 Days 3.00 Days 3.00 Days 6.79%
15 days 0.2504 10,025.04 0.2598 10,025.98 0.2736 10,027.36
30 days 0.5303 10,053.03 0.5500 10,055.00 0.5238 10,052.38
Total Expense Ratio
1 Year 6.0904 10,609.04 6.5529 10,655.29 6.7381 10,673.80
Direct Plan 0.08% 3 Years 4.2648 11,334.77 4.5992 11,444.20 4.5902 11,441.25
Regular Plan 0.18%
5 Years NA NA NA NA NA NA
(Including Additional Expenses and goods and service tax
on management fees.) Since Inception 4.2080 11,906.19 4.4804 12,038.47 5.1880 12,387.42

NAV of Plans / Options Per Unit *CRISIL Liquid Overnight Index, **CRISIL 1 Yr T-Bill Index.
Returns shown for 7 days, 15 days and 30 days are computed on Simple Annualised basis. Returns greater than 1 year
Regular Plan Direct Plan period are compounded annualized returns (CAGR). Load is not taken into consideration. Different plans shall have different
expense structure. The performance details provided herein are of Regular Plan. Returns are for Growth Option only. In case
Growth ` 1190.62 Growth ` 1195.10
the start/end date is non business day, the NAV of previous working day is used for computation. Please refer page no.18 &
Daily IDCW ` 1001.01 Daily IDCW ` 1001.02 19 for name of the other schemes currently managed by the Fund Managers and relevant scheme for performance. Past
Weekly IDCW ` 1001.83 Weekly IDCW NA performance may or may not be sustained in future. Data as on 29th September 2023
Fortnightly IDCW ` 1001.78 Fortnightly IDCW NA Note : Mr.Anupam Tiwari and Kaustubh Sule manages 1 Scheme each;
Monthly IDCW ` 1006.90 Monthly IDCW ` 1006.85 Mr. Kaustubh Sule & Mr. Karan Singh manages 3 schemes and Mr. Anupam Tiwari co-manages 3 schemes with Mr.
Kaustubh Sule, and co-manages 1 scheme with Mr. Kaustubh Sule & Mr. Karan Singh, and Mr. Anupam Tiwari co-manages
Fund Style 1 scheme with Mr. Karan Singh of Groww Mutual Fund.

Credit Quality
High Mid Low
High

Interest Rate
Sensitivity
Mid
Low

Data as on 29th September 2023 01

 GROWW LIQUID FUND
(FORMERLY KNOWN AS INDIABULLS LIQUID FUND)
(An open ended liquid scheme. A relatively low interest rate risk and moderate credit risk.)

SEPTEMBER 2023

Investment Objective
To provide a high level of liquidity with returns commensurate with low risk through a portfolio of money market and debt securities with maturity of upto 91 days. However,
there can be no assurance that the investment objective of the scheme will be achieved. The Scheme does not assure or guarantee any returns.

Fund Snapshot Portfolio

Inception Date (Date of Allotment) Company Name Rating Class % to NAV
25th October, 2011 Treasury Bills
Benchmark 91 Days Treasury Bill 29-Dec-2023 SOV 4.59%
CRISIL Liquid Debt B-I Index 182 Days Treasury Bill 19-Oct-2023 SOV 4.18%
Fund Manager Sub-Total 8.77%
Mr. Karan Singh Commercial Papers
(Managing Fund Since May 29, 2020) Redington Limited A1+ 9.31%
Managing the Scheme since 3 Years Cholamandalam Investment and Finance Company Limited A1+ 9.31%

Mr. Kaustubh Sule Small Industries Development Bank of India A1+ 9.24%
ICICI Securities Limited A1+ 9.23%
(Managing Fund Since May 11, 2023)
Sub-Total 37.09%
Managing the Scheme since 5 Months
Certificate of Deposits
Minimum Investment Amount (for fresh application) Axis Bank Limited A1+ 9.31%
For Lumpsum & SIP : ` 100 and in multiples of ` 1/- ICICI Bank Limited A1+ 9.24%
thereafter IDFC First Bank Limited A1+ 9.23%
Kotak Mahindra Bank Limited A1+ 9.20%
Minimum Additional Investment
Canara Bank A1+ 9.20%
` 100 and in multiples of ` 1/- thereafter
Bank of Baroda A1+ 4.62%
Load Structure (as % of NAV) Sub-Total 50.80%
Entry Load: Not Applicable Fixed Deposit (Debt)
Exit Load: (w.e.f. October 19, 2019) HDFC Bank Limited 0.56%
Sub-Total 0.56%
Investor exit Day 7
upon subscription*
Day 1 Day 2 Day 3 Day 4 Day 5 Day 6
onwards
Tri Party Repo (TREPs)
Exit Load as a % of *TREPS/Reverse Repo/Net current assets 2.78%
0.0070% 0.0065% 0.0060% 0.0055% 0.0050% 0.0045% 0.0000%
redemption proceeds Grand Total 100.00%
*The date of applicable NAV towards redemption units shall be considered
for calculating the number of subscription days. *TREPS : Tri-party repo dealing system

Fund Size (as on September 29, 2023) Rating Profile Composition of Asset
Monthly Average AUM ` 146.67 Crore TREPS/Reverse Repo/ TREPS/Reverse Repo/
Month End AUM Net Current Assets Net Current Assets
` 107.23 Crore
SOV 3.34% 2.78%
Maturity and Yield FD
8.77% 0.56%
A1+ T-Bills Certificate
Modified Average Macaulay Annualized of Deposits
87.89% 8.77%
Duration Maturity Duration YTM 50.80%
40 Days 44 Days 43 Days 7.06%

Total Expense Ratio CP

Direct Plan 0.10% Note : TREPS/Reverse Repo/Net Current Assets of 2.78% 37.09%
Regular Plan 0.20%
(Including Additional Expenses and goods and service tax Performance Report
on management fees.)

NAV of Plans / Options Per Unit Regular Plan Scheme Benchmark* Additional Benchmark**
Period Returns Value of Std Returns Value of Returns Value of
Regular Plan Direct Plan Investment of
(%) (%) Rs. 10,000 (%) Rs. 10,000
Growth ` 2233.14 Growth ` 2256.43 Rs. 10,000
invested invested
Daily IDCW ` 1001.15 Daily IDCW ` 1001.06 invested
Weekly IDCW ` 1002.61 Weekly IDCW ` 1001.55 7 days 0.1181 10,011.81 0.1141 10,011.41 0.1445 10,014.45
Fortnightly IDCW ` 1001.49 Fortnightly IDCW ` 1001.58 15 days 0.2677 10,026.77 0.2674 10,026.74 0.2736 10,027.36
Monthly IDCW ` 1006.27 Monthly IDCW ` 1035.02
30 days 0.5614 10,056.14 0.5691 10,056.91 0.5238 10,052.38
Fund Style 1 Year 6.5673 10,656.73 7.0011 10,700.11 6.7381 10,673.80
Credit Quality 3 Years 4.4726 11,402.68 4.9666 11,565.21 4.5902 11,441.25
High Mid Low 5 Years 4.9917 12,759.49 5.4318 13,029.28 5.7535 13,229.40
Since Inception 6.9588 22,331.36 6.9430 22,292.06 6.3861 21,370.14
High

*CRISIL Liquid Debt B-I Index, **CRISIL 1 Yr T-Bill Index.

Returns shown for 7 days, 15 days and 30 days are computed on Simple Annualised basis. Returns greater than 1 year
period are compounded annualized returns (CAGR). Load is not taken into consideration. Different plans shall have different
Interest Rate
Sensitivity

expense structure. The performance details provided herein are of Regular Plan. Returns are for Growth Option only. In case
Mid

the start/end date is non business day, the NAV of previous working day is used for computation. Please refer page no.18 &
19 for name of the other schemes currently managed by the Fund Managers and relevant scheme for performance. Past
performance may or may not be sustained in future. Data as on 29th September 2023.
Note : Mr.Anupam Tiwari and Kaustubh Sule manages 1 Scheme each; Mr. Kaustubh Sule & Mr. Karan Singh manages 3
schemes and Mr. Anupam Tiwari co-manages 3 schemes with Mr. Kaustubh Sule, and co-manages 1 scheme with Mr.
Low

Kaustubh Sule & Mr. Karan Singh, and Mr. Anupam Tiwari co-manages 1 scheme with Mr. Karan Singh of Groww Mutual
Fund.

Data as on 29th September 2023 02

 GROWW SHORT DURATION FUND
(FORMERLY KNOWN AS INDIABULLS SHORT TERM FUND)
An open ended short term debt scheme investing in instruments such that the Macaulay Duration of the
portfolio is between 1 year and 3 years. A Moderate Interest Rate Risk and Moderate Credit Risk.

SEPTEMBER 2023

Investment Objective

The Scheme will endeavor to generate stable returns over short term with a low risk strategy while maintaining liquidity through a portfolio comprising debt and money market
instruments such that the Macaulay duration of the portfolio is between 1 year – 3 years. However, there can be no assurance that the investment objective of the scheme will be
achieved. The Scheme does not assure or guarantee any returns.

Fund Snapshot Portfolio

Inception Date (Date of Allotment) Company Name Rating Class % to NAV
13th September, 2013
Govt Securities
Benchmark
8.08% Karnataka SDL - 11-Mar-2025 SOV 49.76%
CRISIL Short Duration Debt B-II Index
7.38% GOI MAT 20-Jun-2027 SOV 30.78%
Fund Manager
8.08% Haryana SDL - 28-Jan-2025 SOV 13.43%
Mr. Karan Singh
(Managing Fund Since May 29, 2020) Sub-Total 93.97%
Managing the Scheme since 3 Years Fixed Deposit
Mr. Kaustubh Sule HDFC Bank Limited 1.33%
(Managing Fund Since May 11, 2023) Sub-Total 1.33%
Managing the Scheme since 5 Months Tri Party Repo (TREPs)
Minimum Investment Amount (for fresh application) *TREPS/Reverse Repo/Net current assets 4.70%
For Lumpsum & SIP : ` 100 and in multiples of ` 1/- Grand Total 100.00%
thereafter
*TREPS : Tri-party repo dealing system
Minimum Additional Investment
` 100 and in multiples of ` 1/- thereafter
Load Structure (as % of NAV)
Entry Load: Not Applicable
Exit Load: Nil Rating Profile Composition of Asset
Fund Size (as on September 29, 2023) TREPS/Reverse Repo/ TREPS/Reverse Repo/
Net Current Assets Net Current Assets
Monthly Average AUM ` 31.96 Crore 6.03% 4.70%
Month End AUM ` 37.51 Crore
FD
Maturity and Yield SOV 1.33% Govt Securities
93.97% 93.97%

Modified Average Macaulay Annualized

Duration Maturity Duration YTM
1.81 Years 2.08 Years 1.87 Years 7.40%
Note : TREPS/Reverse Repo/Net Current Assets of 4.69%

Total Expense Ratio

Performance Report
Direct Plan 0.40%
Regular Plan 1.60% Regular Plan Scheme Benchmark* Additional Benchmark**
(Including Additional Expenses and goods and service tax Period Returns Value of Std Returns Value of Returns Value of
on management fees.) (%) Investment of (%) Rs. 10,000 (%) Rs. 10,000
Rs. 10,000
invested invested
NAV of Plans / Options Per Unit invested
1 Year 5.2052 10,519.05 7.8216 10,779.93 8.0970 10,807.39
Regular Plan Direct Plan
3 Years 3.4669 11,075.50 5.7755 11,832.81 3.2745 11,013.88
Growth ` 1833.33 Growth ` 2064.10
5 Years 4.4321 12,424.33 7.3519 14,263.24 6.6534 13,804.68
Weekly IDCW ` 1013.11 Weekly IDCW ` 1013.19
Fortnightly IDCW ` 1015.14 Fortnightly IDCW ` 1014.00 Since Inception 6.2155 18,333.34 7.8952 21,465.43 6.6189 19,045.40
Monthly IDCW ` 1019.85 Monthly IDCW ` 1014.11
*CRISIL Short Duration Debt B-II Index, **CRISIL 10 Year Gilt Index.
Returns greater than 1 year period are compounded annualized returns (CAGR). Load is not taken into consideration.
Fund Style Different plans shall have different expense structure. The performance details provided herein are of Regular Plan. Returns
are for Growth Option only. In case the start/end date is non business day, the NAV of previous working day is used for
computation. Please refer page no.18 & 19 for name of the other schemes currently managed by the Fund Managers and
Credit Quality
relevant scheme for performance. Past performance may or may not be sustained in future. Data as on 29th September
High Mid Low 2023
Note : Mr.Anupam Tiwari and Kaustubh Sule manages 1 Scheme each;
Mr. Kaustubh Sule & Mr. Karan Singh manages 3 schemes and Mr. Anupam Tiwari co-manages 3 schemes with Mr.
High

Kaustubh Sule, and co-manages 1 scheme with Mr. Kaustubh Sule & Mr. Karan Singh, and Mr. Anupam Tiwari co-manages
1 scheme with Mr. Karan Singh of Groww Mutual Fund.
Interest Rate
Sensitivity
Mid
Low

Data as on 29th September 2023 03

 GROWW DYNAMIC BOND FUND
(FORMERLY KNOWN AS INDIABULLS DYNAMIC BOND FUND)
(An open ended dynamic debt scheme investing across duration. A relatively high interest
rate risk and moderate credit risk.)
SEPTEMBER 2023

Investment Objective

To generate reasonable returns commensurate with the risk taken by active duration management of the portfolio. The Scheme would be investing in debt instruments including
but not limited to bonds, debentures, government securities and money market instruments over various maturity periods. However, there can be no assurance that the
investment objective of the scheme will be achieved. The Scheme does not assure or guarantee any returns.

Fund Snapshot Portfolio

Inception Date (Date of Allotment) Company Name Rating Class % to NAV
06th December, 2018 Govt Securities
Benchmark 7.26% GOI MAT 06-Feb-2033 SOV 22.02%
CRISIL Dynamic Bond B-III Index 7.06% GOI - 10-Apr-2028 SOV 20.49%
Fund Manager 8.08% Karnataka SDL - 11-Mar-2025 SOV 18.04%
Mr. Kaustubh Sule 7.38% GOI MAT 20-Jun-2027 SOV 1.38%
(Managing Fund Since May 11, 2023)
Sub-Total 61.93%
Managing the Scheme since 5 Months
Fixed Deposit
Minimum Investment Amount (for fresh application) HDFC Bank Limited 2.20%
For Lumpsum & SIP : ` 100 and in multiples of ` 1/-
Sub-Total 2.20%
thereafter
Tri Party Repo (TREPs)
Minimum Additional Investment
*TREPS/Reverse Repo/Net current assets 35.87%
` 100 and in multiples of ` 1/- thereafter Grand Total 100.00%
Load Structure (as % of NAV)
Entry Load: Not Applicable *TREPS : Tri-party repo dealing system
Exit Load: Nil

Fund Size (as on September 29, 2023)

Monthly Average AUM ` 27.91 Crore Rating Profile Composition of Asset

Month End AUM ` 36.35 Crore
TREPS/Reverse Repo/ TREPS/Reverse Repo/
Net Current Assets Net Current Assets
Maturity and Yield
38.07% 35.87%

Modified Average Macaulay Annualized

FD
Duration Maturity Duration YTM 2.20%
SOV Govt
2.51 Years 3.35 Years 2.60 Years 7.13% 61.93% Securities
61.93%
Total Expense Ratio

Direct Plan 0.45%

Regular Plan 1.45%
Note : TREPS/Reverse Repo/Net Current Assets of 35.87%
(Including Additional Expenses and goods and service tax
on management fees.)
Performance Report
NAV of Plans / Options Per Unit

Direct Plan Regular Plan Scheme Benchmark* Additional Benchmark**

Regular Plan
Period Returns Value of Std Returns Value of Returns Value of
Growth ` 1300.70 Growth ` 1334.67
(%) Investment of (%) Rs. 10,000 (%) Rs. 10,000
Daily IDCW ` 1007.18 Daily IDCW ` 1006.84 Rs. 10,000
invested invested
Weekly IDCW ` 1006.28 Weekly IDCW ` 1006.42 invested
Fortnightly IDCW ` 1007.23 Fortnightly IDCW ` 1007.95 1 Year 5.2508 10,523.60 8.5827 10,857.82 8.0970 10,807.39
Monthly IDCW ` 1004.80 Monthly IDCW ` 1004.52
3 Years 4.5364 11,422.20 6.8258 12,188.50 3.2745 11,013.88
Fund Style 5 Years NA NA NA NA NA NA
Since Inception 5.6070 13,007.05 8.4267 14,768.21 5.7505 13,092.48
Credit Quality
High Mid Low * CRISIL Dynamic Bond B-III Index, ** CRISIL 10 Year Gilt Index.
Returns greater than 1 year period are compounded annualized returns (CAGR). Load is not taken into consideration.
Different plans shall have different expense structure.
High

The performance details provided herein are of Regular Plan. Returns are for Growth Option only. In case the start/end date
is non business day, the NAV of previous working day is used for computation. Please refer page no. 18 & 19 for name of
the other schemes currently managed by the Fund Managers and relevant scheme for performance. Past performance may
Interest Rate
Sensitivity

or may not be sustained in future. Data as on 29th September 2023

Note : Mr.Anupam Tiwari and Kaustubh Sule manages 1 Scheme each;
Mid

Mr. Kaustubh Sule & Mr. Karan Singh manages 3 schemes and Mr. Anupam Tiwari co-manages 3 schemes with Mr.
Kaustubh Sule, and co-manages 1 scheme with Mr. Kaustubh Sule & Mr. Karan Singh, and Mr. Anupam Tiwari co-manages
1 scheme with Mr. Karan Singh of Groww Mutual Fund.
Low

Data as on 29th September 2023 04

 GROWW LARGE CAP FUND
(FORMERLY KNOWN AS INDIABULLS BLUECHIP FUND)
(Large Cap Fund- An open ended equity scheme predominantly investing in large cap stocks)

SEPTEMBER 2023

Investment Objective
The primary investment objective of the Scheme is to seek to provide long-term capital appreciation from a portfolio that is invested predominantly in equity and equity-
related securities of blue-chip large-cap companies. However, there can be no assurance that the investment objective of the scheme will be achieved. The Scheme does not
assure or guarantee any returns.

Fund Snapshot Portfolio Top 10 Holdings

Inception Date (Date of Allotment)
Company Name Industry/ Rating % to NAV
10th February, 2012
Benchmark Equity & Equity Related Holdings
NIFTY 100 - TRI ICICI Bank Limited Banks 8.95%
HDFC Bank Limited Banks 6.40%
Fund Manager
Larsen & Toubro Limited Construction 6.18%
Mr. Anupam Tiwari
Bajaj Finance Limited Finance 4.41%
(Managing Fund Since May 11, 2023) Infosys Limited IT - Software 4.13%
Managing the Scheme since 5 Months Axis Bank Limited Banks 3.68%
Minimum Investment Amount (for fresh application) ITC Limited Diversified FMCG 3.51%
For Lumpsum & SIP : `100 and in multiples of `.1/- Tata Motors Limited Automobiles 3.27%
Bharti Airtel Limited Telecom - Services 3.19%
thereafter
State Bank of India Banks 3.10%
Minimum Additional Investment
Others 49.82%
` 100 and in multiples of ` 1/- thereafter
Total Equity & Equity Related Holdings 96.64%
Load Structure (as % of NAV) Tri Party Repo (TREPs)
Entry Load: Not Applicable *TREPS/Reverse Repo/Net current assets 3.36%
Exit Load: a) 1% if redeemed/ switched out within 7 Grand Total 100.00%
Days from the date of allotment.
b) Nil - if redeemed/ switched out after 7 Days from
*TREPS : Tri-party repo dealing system
the date of allotment.

Fund Size (as on September 29, 2023)

Sectoral Allocation (Top 10 Sectors)^#
Monthly Average AUM ` 96.98 Crore
30.00%
Month End AUM ` 96.07 Crore 26.22%
25.00%
Portfolio Details 20.00% 18.56%

Top 10 Stocks 46.82% 15.00% 12.86%

9.45% 9.01%
Top 10 Sectors 81.44% 10.00%
6.18% 5.05%
3.51% 3.20% 3.19% 2.77%
Total Expense Ratio 5.00%

Direct Plan 1.06% 0.00%

Diversified FMCG
Construction

Consumer Durables

Others
Banks

Automobiles

Products

Telecom - Services

Petroleum Products
IT - Software

Finance

Cement & Cement

Regular Plan 2.30%

(Including Additional Expenses and goods and service tax
on management fees.)

Quantitative / Volatility Measures

Standard Sharpe Portfolio Industrywise Classification as recommended by AMFI.

^

Disclaimer: Fund Manager may or may not have exposure in the above sectors.
#
Deviation Ratio* Turnover
4.0621 0.72 0.83%
SIP Returns

Scheme Benchmark* Additional Benchmark**

No. of
Beta R Square Period Investment Returns Value of Returns Value of Returns Value of
Stocks
0.95 0.95 Amount (%) Rs. 10,000 (%) Rs. 10,000 (%) Rs. 10,000
43
(Rs.) invested invested invested
1 Year 1,20,000 15.04 1,29,435 15.14 1,29,496 14.63 1,29,183
*Annualised. Risk free rate assumed to be 6.95
(FBIL OVERNIGHT MIBOR) 3 Years 3,60,000 11.25 4,25,848 12.73 4,35,046 13.42 4,39,382
5 Years 6,00,000 12.10 8,12,578 15.27 8,78,564 15.80 8,89,946
NAV of Plans / Options Per Unit
7 Years 8,40,000 10.72 12,29,934 13.94 13,79,193 14.88 14,26,285
10Years 12,00,000 10.77 20,97,558 13.36 24,08,487 13.86 24,73,688
Regular Plan Direct Plan
Growth ` 32.3800 Growth ` 37.8700 Since Inception 14,00,000 11.00 27,46,024 13.55 32,30,342 13.89 33,01,550
IDCW ` 18.2400 IDCW ` 21.9500 *NIFTY 100 - TRI, **S&P BSE SENSEX-TRI
Monthly IDCW ` 18.6500 Monthly IDCW ` 16.9200 Systematic Investment Plan (SIP) returns are worked out assuming investment of Rs. 10,000/- every month at NAV per
Quarterly IDCW ` 19.3300 Quarterly IDCW ` 21.1400 unit of the scheme as on the first working day for the respective time periods. The loads have not been taken into
Half YearlyIDCW ` 19.4400 Half YearlyIDCW ` 21.3000 account. Past performance may or may not be sustained in future. The performance details provided herein are of
Regular Plan. Returns are for Growth option only. CAGR returns are computed after accounting for the cash flow by
using XIRR method (investment internal rate of return).

Data as on 29th September 2023 05

 GROWW LARGE CAP FUND
(FORMERLY KNOWN AS INDIABULLS BLUECHIP FUND)
Large Cap Fund- An open ended equity scheme predominantly investing in large cap stocks)

SEPTEMBER 2023

Fund Style Performance Report

Investment Style
Regular Plan Scheme Benchmark* Additional Benchmark**
Growth Blend Value
Period Returns Value of Std Returns Value of Returns Value of
(%) Investment of (%) Rs. 10,000 (%) Rs. 10,000
Large

Rs. 10,000
invested invested
invested
1 Year 14.2569 11,421.52 13.3743 11,333.53 16.2021 11,615.43
Capitalisation

3 Years 17.3999 16,173.83 21.1990 17,793.80 21.5139 17,932.70

Medium

5 Years 10.2034 16,263.18 13.2334 18,628.06 14.0313 19,294.47

Since Inception 10.6175 32,380.00 13.3699 43,108.53 13.4325 43,480.96

*NIFTY 100- TRI, **S&P BSE SENSEX-TRI

Small

Returns greater than 1 year period are compounded annualized returns (CAGR). Load is not taken into consideration.
Different plans shall have different expense structure. The performance details provided herein are of Regular Plan. Returns
are for Growth Option only. In case the start/end date is non business day, the NAV of previous working day is used for
computation. Please refer page no.18 & 19 for name of the other schemes currently managed by the Fund Managers and
relevant scheme for performance. Past performance may or may not be sustained in future. Data as on 29th September
2023
Note : Mr.Anupam Tiwari and Kaustubh Sule manages 1 Scheme each;
Mr. Kaustubh Sule & Mr. Karan Singh manages 3 schemes and Mr. Anupam Tiwari co-manages 3 schemes with Mr.
Kaustubh Sule, and co-manages 1 scheme with Mr. Kaustubh Sule & Mr. Karan Singh, and Mr. Anupam Tiwari co-manages
1 scheme with Mr. Karan Singh of Groww Mutual Fund.

Data as on 29th September 2023 06

GROWW AGGRESSIVE HYBRID FUND
(FORMERLY KNOWN AS INDIABULLS EQUITY HYBRID FUND)
(An open ended hybrid scheme investing predominantly in equity and equity related
instruments)
SEPTEMBER 2023

Investment Objective

The Scheme seeks to generate periodic return and long term capital appreciation from a judicious mix of equity and debt instruments. However, there can be no assurance
that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Fund Snapshot Portfolio Top 10 Holdings

Inception Date (Date of Allotment)
Company Name Industry/ Rating % to NAV
13th December, 2018
Equity & Equity Related Holdings
Benchmark
ICICI Bank Limited Banks 6.98%
CRISIL Hybrid 35+65 - Aggressive Index HDFC Bank Limited Banks 5.41%
Fund Manager Larsen & Toubro Limited Construction 4.40%
Debt - Mr. Kaustubh Sule Axis Bank Limited Banks 3.64%
(Managing Fund Since May 11, 2023) Infosys Limited IT - Software 3.29%
Managing the Scheme since 5 Months Bajaj Finance Limited Finance 3.22%
UltraTech Cement Limited Cement & Cement Products 2.47%
Equity - Mr. Anupam Tiwari
Tata Motors Limited Automobiles 2.44%
(Managing Fund Since May 11, 2023)
Maruti Suzuki India Limited Automobiles 2.35%
Managing the Scheme since 5 Months
Bharti Airtel Limited Telecom - Services 2.12%
Load Structure (as % of NAV) Others 34.05%
Entry Load: Not Applicable Total Equity & Equity Related Holdings 70.37%
Exit Load: Govt Securities
a)1% if redeemed/ switched out within 7 Days from the 7.26% GOI MAT 06-Feb-2033 SOV 12.85%
date of allotment, 7.06% GOI - 10-Apr-2028 SOV 5.67%
b)Nil - if redeemed/ switched out after 7 Days from the Sub-Total 18.52%
date of allotment Fixed Deposit
HDFC Bank Limited 0.86%
Minimum Additional Investment Sub-Total 0.86%
` 100 and in multiples of ` 1/- thereafter Tri Party Repo (TREPs)
*TREPS/Reverse Repo/Net current assets 10.25%
Minimum Investment Amount (for fresh application)
Grand Total 100.00%
For Lumpsum & SIP : `100 and in multiples of `1/-
thereafter

Fund Size (as on September 29, 2023) *TREPS : Tri-party repo dealing system

Monthly Average AUM ` 35.09 Crore Sectoral Allocation (Top 10 Sectors) ^#

Rating Profile (Debt Holding)
Month End AUM ` 35.05 Crore
Banks 21.12%
Portfolio Details
IT - Software 9.20%
Top 10 Stocks 36.32%
Automobiles 7.52%
Top 10 Sectors 60.88%
Finance 5.86%
Total Expense Ratio
Construction 4.40%
Direct Plan 0.85% Cement & Cement Products 4.11% SOV/FD
Regular Plan 2.30% 19.38%
Consumer Durables 2.49%
(Including Additional Expenses and goods and service tax
on management fees.) Telecom - Services 2.12%

NAV of Plans / Options Per Unit Aerospace & Defense 2.09%

Note : TREPS/Reverse Repo/Net Current Assets of 10.25%
Regular Plan Direct Plan Industrial Products 1.97%
Growth ` 16.2799 Growth ` 17.7367 Others 39.12%
IDCW ` 16.2771 IDCW ` 17.5980
Monthly IDCW ` 16.2781 Monthly IDCW ` 17.5696
^
Industrywise Classification as recommended by AMFI.
Disclaimer: Fund Manager may or may not have exposure in the above sectors.
#

Quarterly IDCW ` 17.2552 Quarterly IDCW ` 17.3891

Half YearlyIDCW ` 16.2413 Half YearlyIDCW ` 17.0664
SIP Returns
Fund Style
Scheme Benchmark* Additional Benchmark**
Investment Style
Period Investment Returns Value of Returns Value of Returns Value of
Growth Blend Value
Amount (%) Rs. 10,000 (%) Rs. 10,000 (%) Rs. 10,000
(Rs.) invested invested invested
Large

1 Year 1,20,000 11.96 1,27,539 15.28 1,29,584 15.80 1,29,901

3 Years 3,60,000 10.02 4,18,235 11.66 4,28,363 13.62 4,40,637
Capitalisation

Since Inception 5,80,000 11.62 7,68,291 13.69 8,07,118 16.06 8,53,861

Medium

*CRISIL Hybrid 35+65 - Aggressive Index, **Nifty 50 TRI

Systematic Investment Plan (SIP) returns are worked out assuming investment of Rs. 10,000/- every month at NAV per
unit of the scheme as on the first working day for the respective time periods. The loads have not been taken into
account. Past performance may or may not be sustained in future. The performance details provided herein are of
Small

Regular Plan. Returns are for Growth option only. CAGR returns are computed after accounting for the cash flow by
using XIRR method (investment internal rate of return).

Data as on 29th September 2023 07

GROWW AGGRESSIVE HYBRID FUND
(FORMERLY KNOWN AS INDIABULLS EQUITY HYBRID FUND)
(An open ended hybrid scheme investing predominantly in equity and equity related
instruments)
SEPTEMBER 2023

Quantitative / Volatility Measures Performance Report

Standard Sharpe Portfolio Regular Plan Scheme Benchmark* Additional Benchmark**

Deviation Ratio* Turnover Period Returns Value of Std Returns Value of Returns Value of
(%) Investment of (%) Rs. 10,000 (%) Rs. 10,000
3.2293 1.67 1.03%
Rs. 10,000
invested invested
invested
1 Year 12.5896 11,255.31 13.2069 11,320.70 16.1092 11,606.17
No. of 3 Years 15.9936 15,600.05 16.7839 15,920.79 21.8888 18,099.06
Beta R Square
Stocks 5 Years NA NA NA NA NA NA
1.11 0.90
41 Since Inception 10.6928 16,279.90 13.0765 18,031.91 14.6350 19,255.71

*Annualised. Risk free rate assumed to be 6.95 *CRISIL Hybrid 35+65 - Aggressive Index, ** NIFTY 50-TRI.
(FBIL OVERNIGHT MIBOR) Returns greater than 1 year period are compounded annualized returns (CAGR). Load is not taken into consideration.
Different plans shall have different expense structure. The performance details provided herein are of Regular Plan. Returns
are for Growth Option only. In case the start/end date is non business day, the NAV of previous working day is used for
computation. Please refer page no.18 & 19 for name of the other schemes currently managed by the Fund Managers and
relevant scheme for performance. Past performance may or may not be sustained in future. Data as on 29th September
2023
Note : Mr.Anupam Tiwari and Kaustubh Sule manages 1 Scheme each;
Mr. Kaustubh Sule & Mr. Karan Singh manages 3 schemes and Mr. Anupam Tiwari co-manages 3 schemes with Mr.
Kaustubh Sule, and co-manages 1 scheme with Mr. Kaustubh Sule & Mr. Karan Singh, and Mr. Anupam Tiwari co-manages
1 scheme with Mr. Karan Singh of Groww Mutual Fund.

Data as on 29th September 2023 08

 GROWW VALUE FUND
(FORMERLY KNOWN AS INDIABULLS VALUE FUND)
(An open ended equity scheme following a value investment strategy)

SEPTEMBER 2023

Investment Objective
The primary investment objective of the Scheme is to seek to provide long-term capital appreciation from a portfolio that is invested predominantly in equity and equity-
related securities of blue-chip large-cap companies. However, there can be no assurance that the investment objective of the scheme will be achieved. The Scheme does not
assure or guarantee any returns.

PortfolioTop 10 Holdings
Portfolio
Fund Snapshot
Company Name Industry/ Rating % to NAV
Inception Date (Date of Allotment) Equity & Equity Related Holdings
8th September, 2015 NTPC Limited Power 6.33%
Larsen & Toubro Limited Construction 5.94%
Benchmark ICICI Bank Limited Banks 5.63%
State Bank of India Banks 5.11%
Nifty 500 TRI
Axis Bank Limited Banks 4.47%
HDFC Bank Limited Banks 4.47%
Fund Manager Bharti Airtel Limited Telecom - Services 3.90%
Debt - Mr. Kaustubh Sule Birlasoft Limited IT - Software 3.73%
(Managing Fund Since May 11, 2023) Cholamandalam Financial Holdings Limited Finance 3.72%
Managing the Scheme since 5 Months Bank of Baroda Banks 3.54%
Others 40.70%
Equity - Mr. Anupam Tiwari Total Equity & Equity Related Holdings 87.54%
(Managing Fund Since May 11, 2023) Tri Party Repo (TREPs)
Managing the Scheme since 5 Months *TREPS/Reverse Repo/Net current assets 12.46%
Grand Total 100.00%
Minimum Investment Amount (for fresh application)
For Lumpsum & SIP : ` 100 and in multiples of ` .1/-
*TREPS : Tri-party repo dealing system
thereafter

Minimum Additional Investment Sectoral Allocation (Top 10 Sectors)^#

` 100 and in multiples of ` 1/- thereafter
30.00%
Load Structure (as % of NAV) 26.05%
Entry Load: Not Applicable 25.00%

Exit Load: a) 1% if redeemed/ switched out within 20.00% 17.77%

1 year from the date of allotment.
15.00%
b) NIL, if redeemed/ switched out after 1 year from the
10.02% 9.87%
date of allotment 10.00%
7.54% 6.97% 5.94% 4.91% 3.96% 3.90%
5.00% 3.07%
Fund Size (as on September 29, 2023)
0.00%
Construction

Others
Banks

Automobiles

Products

Auto Components

Telecom - Services

Industrial Products
Monthly Average AUM
Finance

IT - Software

Power

Cement & Cement

` 10.87 Crore
Month End AUM ` 11.01 Crore

Portfolio Details
Top 10 Stocks 46.84% ^
Industrywise Classification as recommended by AMFI.
Top 10 Sectors 82.23% Disclaimer: Fund Manager may or may not have exposure in the above sectors.
#

Total Expense Ratio SIP Returns

Direct Plan 1.13% Scheme Benchmark* Additional Benchmark**

Regular Plan 2.30%
Period Investment Returns Value of Returns Value of Returns Value of
(Including Additional Expenses and goods and service tax
on management fees.) Amount (%) Rs. 10,000 (%) Rs. 10,000 (%) Rs. 10,000
(Rs.) invested invested invested
NAV of Plans / Options Per Unit 1 Year 1,20,000 24.85 1,35,387 22.45 1,33,946 15.80 1,29,901
3 Years 3,60,000 14.79 4,48,046 16.06 4,56,217 13.62 4,40,637
Regular Plan Direct Plan
5 Years 6,00,000 15.17 8,76,283 17.93 9,37,651 15.92 8,92,669
Growth ` 19.7787 Growth ` 23.0205
IDCW ` 19.7720 IDCW ` 22.9344 7 Years 8,40,000 11.16 12,49,464 15.52 14,59,381 14.60 14,12,406
Monthly IDCW ` 15.3492 Monthly IDCW ` 16.8833 Since Inception 9,70,000 10.64 15,06,168 15.24 18,26,047 14.42 17,64,703
Quarterly IDCW ` 14.9532 Quarterly IDCW ` 18.4162
` 16.2012 ` 18.4310 *Nifty 500 TRI, **NIFTY 50-TRI
Half YearlyIDCW Half YearlyIDCW
Systematic Investment Plan (SIP) returns are worked out assuming investment of Rs. 10,000/- every month at NAV per
unit of the scheme as on the first working day for the respective time periods. The loads have not been taken into
account. Past performance may or may not be sustained in future. The performance details provided herein are of
Regular Plan. Returns are for Growth option only. CAGR returns are computed after accounting for the cash flow by
using XIRR method (investment internal rate of return).

Data as on 29th September 2023 09

 GROWW VALUE FUND
(FORMERLY KNOWN AS INDIABULLS VALUE FUND)
(An open ended equity scheme following a value investment strategy)

SEPTEMBER 2023

Fund Style Performance Report

Investment Style
Regular Plan Scheme Benchmark* Additional Benchmark**
Growth Blend Value Period Returns Value of Std Returns Value of Returns Value of
(%) Investment of (%) Rs. 10,000 (%) Rs. 10,000
Rs. 10,000
Large

invested invested
invested
1 Year 19.9394 11,987.96 17.6869 11,763.44 16.1092 11,606.17
Capitalisation

3 Years 21.3431 17,857.26 24.1356 19,117.51 21.8888 18,099.06

Medium

5 Years 10.7420 16,665.01 14.8857 20,029.06 13.7534 19,060.22

Since Inception 8.8235 19,778.70 14.3944 29,585.44 13.7111 28,189.82

*Nifty 500 TRI, **NIFTY 50-TRI

Small

Returns greater than 1 year period are compounded annualized returns (CAGR). Load is not taken into consideration.
Different plans shall have different expense structure. The performance details provided herein are of Regular Plan. Returns
are for Growth Option only. In case the start/end date is non business day, the NAV of previous working day is used for
computation. Please refer page no.18 & 19 for name of the other schemes currently managed by the Fund Managers and
relevant scheme for performance. Past performance may or may not be sustained in future. Data as on 29th September
2023
Quantitative / Volatility Measures Note : Mr.Anupam Tiwari and Kaustubh Sule manages 1 Scheme each;
Mr. Kaustubh Sule & Mr. Karan Singh manages 3 schemes and Mr. Anupam Tiwari co-manages 3 schemes with Mr.
Kaustubh Sule, and co-manages 1 scheme with Mr. Kaustubh Sule & Mr. Karan Singh, and Mr. Anupam Tiwari co-manages
Standard Portfolio 1 scheme with Mr. Karan Singh of Groww Mutual Fund.
Sharpe
Deviation Ratio* Turnover
4.1142 0.95 0.96%

No. of
Beta R Square
Stocks
0.94 0.91
34

*Annualised. Risk free rate assumed to be 6.95

(FBIL OVERNIGHT MIBOR)

Data as on 29th September 2023 10

 GROWW ELSS TAX SAVER FUND
(FORMERLY KNOWN INDIABULLS TAX SAVINGS FUND)
(An open ended equity linked saving scheme with a statutory lock-in of 3 years and tax
benefit.)
SEPTEMBER 2023

Investment Objective
The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related Securities. The
scheme shall offer tax benefits under Section 80C of the Income Tax Act. However, there can be no assurance that the investment objective of the scheme will be achieved.
The Scheme does not assure or guarantee any returns.

Fund Snapshot Portfolio Top 10 Holdings

Company Name Industry/ Rating % to NAV
Inception Date (Date of Allotment)
28th December, 2017 Equity & Equity Related Holdings
ICICI Bank Limited Banks 8.13%
Benchmark Larsen & Toubro Limited Construction 5.62%
S&P BSE 500 TRI HDFC Bank Limited Banks 5.40%
Bajaj Finance Limited Finance 4.44%
Fund Manager Tata Motors Limited Automobiles 3.26%
Debt - Mr. Kaustubh Sule Axis Bank Limited Banks 3.25%
(Managing Fund Since May 11, 2023) Bharti Airtel Limited Telecom - Services 3.15%
Managing the Scheme since 5 Months Mahindra & Mahindra Limited Automobiles 3.00%
UltraTech Cement Limited Cement & Cement Products 3.00%
Equity - Mr. Anupam Tiwari
MphasiS Limited IT - Software 2.95%
(Managing Fund Since May 11, 2023)
Others 50.83%
Managing the Scheme since 5 Months
Total Equity & Equity Related Holdings 93.03%
Minimum Investment Amount (for fresh application) Tri Party Repo (TREPs)
*TREPS/Reverse Repo/Net current assets 6.97%
For Lumpsum & SIP : ` 500 and in multiples of `
Grand Total 100.00%
500/- thereafter

Minimum Additional Investment

*TREPS : Tri-party repo dealing system
` 500 and in multiples of ` 1/- thereafter
Load Structure (as % of NAV)
Entry Load: Not Applicable Sectoral Allocation (Top 10 Sectors)^#
Exit Load: Nil
25.00% 22.40%
Fund Size (as on September 29, 2023) 21.74%

Monthly Average AUM 20.00%

` 38.04 Crore
Month End AUM ` 37.90 Crore 15.00%
13.96%

9.36%
10.00% 7.89%
Portfolio Details 5.62% 5.42%
4.08% 3.39% 3.15%
5.00% 2.99%
Top 10 Stocks 42.20%
Top 10 Sectors 78.26% 0.00%
Construction

Others
Aerospace & Defense
Banks

Automobiles

Products

Auto Components

Industrial Products

Telecom - Services
Finance

IT - Software

Cement & Cement

Total Expense Ratio

Direct Plan 0.85%

Regular Plan 2.25%
(Including Additional Expenses and goods and service tax
on management fees.) ^
Industrywise Classification as recommended by AMFI.
Disclaimer: Fund Manager may or may not have exposure in the above sectors.
#

Quantitative / Volatility Measures

SIP Returns
Standard Sharpe Portfolio
Deviation Ratio* Turnover Scheme Benchmark* Additional Benchmark**

3.8066 0.76 0.87% Period Investment Returns Value of Returns Value of Returns Value of
Amount (%) Rs. 10,000 (%) Rs. 10,000 (%) Rs. 10,000
(Rs.) invested invested invested
1 Year 1,20,000 17.03 1,30,654 22.21 1,33,798 15.80 1,29,901
Beta R Square No. of Stocks 3 Years 3,60,000 11.62 4,28,117 16.14 4,56,760 13.62 4,40,637
0.89 0.95 43 5 Years 6,00,000 12.47 8,19,906 18.13 9,42,125 15.92 8,92,669
Since Inception 7,00,000 11.13 9,71,065 16.62 11,39,400 15.04 10,88,088

*Annualised. Risk free rate assumed to be 6.95 *S&P BSE 500-TRI, **Nifty 50-TRI.
(FBIL OVERNIGHT MIBOR) Systematic Investment Plan (SIP) returns are worked out assuming investment of Rs. 10,000/- every month at NAV per
unit of the scheme as on the first working day for the respective time periods. The loads have not been taken into
account. Past performance may or may not be sustained in future. The performance details provided herein are of
NAV of Plans / Options Per Unit Regular Plan. Returns are for Growth option only. CAGR returns are computed after accounting for the cash flow by
using XIRR method (investment internal rate of return).
Regular Plan Direct Plan
Growth ` 14.9600 Growth ` 16.4900
IDCW ` 14.9600 IDCW ` 16.4700

Data as on 29th September 2023 11

 GROWW ELSS TAX SAVER FUND
(FORMERLY KNOWN INDIABULLS TAX SAVINGS FUND)
(An open ended equity linked saving scheme with a statutory lock-in of 3 years and tax
benefit.)
SEPTEMBER 2023

Fund Style Performance Report

Credit Quality
Regular Plan Scheme Benchmark* Additional Benchmark**
High Mid Low
Period Returns Value of Std Returns Value of Returns Value of
(%) Investment of (%) Rs. 10,000 (%) Rs. 10,000
High

Rs. 10,000
invested invested
invested
1 Year 14.5910 11,454.82 17.4879 11,747.59 16.1092 11,606.17
Interest Rate
Sensitivity

3 Years 17.4403 16,190.48 24.2835 19,185.88 21.8888 18,099.06

Mid

5 Years 10.3444 16,367.61 15.1052 20,221.34 13.7534 19,060.22

Since Inception 7.2483 14,960.00 12.4829 19,681.70 12.8268 20,030.55

*S&P BSE 500-TRI, **Nifty 50-TRI.

Low

Returns greater than 1 year period are compounded annualized returns (CAGR). Load is not taken into consideration.
Different plans shall have different expense structure. The performance details provided herein are of Regular Plan. Returns
are for Growth Option only. In case the start/end date is non business day, the NAV of previous working day is used for
computation. Please refer page no.18 & 19 for name of the other schemes currently managed by the Fund Managers and
relevant scheme for performance. Past performance may or may not be sustained in future. Data as on 29th September
2023
Note : Mr.Anupam Tiwari and Kaustubh Sule manages 1 Scheme each;
Mr. Kaustubh Sule & Mr. Karan Singh manages 3 schemes and Mr. Anupam Tiwari co-manages 3 schemes with Mr.
Kaustubh Sule, and co-manages 1 scheme with Mr. Kaustubh Sule & Mr. Karan Singh, and Mr. Anupam Tiwari co-manages
1 scheme with Mr. Karan Singh of Groww Mutual Fund.

Data as on 29th September 2023 12

 GROWW ARBITRAGE FUND
(FORMERLY KNOWN AS INDIABULLS ARBITRAGE FUND)
(An open ended scheme investing in arbitrage opportunities.)

SEPTEMBER 2023

Investment Objective
To generate income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available
within the derivative segment and by investing the balance in debt and money market instruments. However, there can be no assurance that the investment objective of the
scheme will be achieved. The Scheme does not assure or guarantee any returns.

Fund Snapshot Portfolio Top 10 Holdings

Company Name Industry/ Rating % to NAV
Inception Date (Date of Allotment)
19th December, 2014 Equity & Equity Related Holdings
Oberoi Realty Limited Realty 9.72%
Benchmark Axis Bank Limited Banks 7.79%
NIFTY 50 Arbitrage Index Reliance Industries Limited Petroleum Products 7.05%
HDFC Bank Limited Banks 6.73%
Fund Manager Can Fin Homes Limited Finance 5.98%
Debt - Mr. Kaustubh Sule & Mr.Karan Singh ITC Limited Diversified FMCG 5.70%
(Managing Fund Since May 11, 2023 & Dabur India Limited Personal Products 5.53%
Since May 29, 2020) City Union Bank Limited Banks 5.08%
Managing the Scheme since 5 Months & 3 Years Godrej Consumer Products Limited Personal Products 3.98%
Equity - Mr. Anupam Tiwari Bajaj Finance Limited Finance 3.92%
(Managing Fund Since May 11, 2023) Others 8.90%
Total Equity & Equity Related Holdings 70.38%
Managing the Scheme since 5 Months
Fixed Deposit
Minimum Investment Amount (for fresh application) HDFC Bank Limited 2.00%
For Lumpsum : ` 500 and in multiples of ` 1/- Sub-Total 2.00%
thereafter Tri Party Repo (TREPs)
For SIP : ` 1,000 and in multiples of ` 1/- thereafter *TREPS/Reverse Repo/Net current assets 98.38%
Minimum Additional Investment Grand Total 100.00%
Hedged Position In Equity & Equity -70.76%
` 500 and in multiples of ` 1/- thereafter
Related Instruments
Load Structure (as % of NAV)
Entry Load: Not Applicable *TREPS : Tri-party repo dealing system
Exit Load: a) 0.25%, if redeemed/ switched out within
one month from the date of allotment.
Sectoral Allocation (Top Sectors)^#
b) Nil, if redeemed/ switched out after one month from
the date of allotment. 35.00%
29.62%
30.00%
Fund Size (as on September 29, 2023) 25.00%
19.60%
Monthly Average AUM 20.00%
` 2.49 Crore
Month End AUM ` 2.49 Crore 15.00%
9.90% 9.81% 9.72% 9.51%
10.00%
5.70%
Portfolio Details 5.00% 3.30% 2.84%
0.00%
Top 10 Stocks 61.48%
Diversified FMCG

Others
Ferrous Metals
Banks

Petroleum Products

Personal Products

Leisure Services
Finance

Realty

Top Sectors 70.38%

Total Expense Ratio

Direct Plan 0.44%
Regular Plan 1.14%
(Including Additional Expenses and goods and service tax Industrywise Classification as recommended by AMFI.
^

on management fees.) #
Disclaimer: Fund Manager may or may not have exposure in the above sectors.

Quantitative / Volatility Measures

SIP Returns
Standard Sharpe Portfolio
Scheme Benchmark* Additional Benchmark**
Deviation Ratio* Turnover
Period Investment Returns Value of Returns Value of Returns Value of
0.1691 -6.60 9.86%
Amount (%) Rs. 10,000 (%) Rs. 10,000 (%) Rs. 10,000
(Rs.) invested invested invested
1 Year 1,20,000 5.14 1,23,273 8.25 1,25,225 6.86 1,24,354
Beta R Square No. of Stocks 3 Years 3,60,000 3.76 3,81,192 5.90 3,93,586 5.21 3,89,546
0.25 0.29 13 5 Years 6,00,000 3.53 6,56,049 5.11 6,82,639 5.15 6,83,291
7 Years 8,40,000 3.87 9,63,522 4.98 10,02,395 5.46 10,19,451
Since Inception 10,60,000 4.24 12,82,621 5.02 13,28,638 5.69 13,69,669
*Annualised. Risk free rate assumed to be 6.95
(FBIL OVERNIGHT MIBOR) *NIFTY 50 Arbitrage Index, **CRISIL 1 Yr T-Bill Index
Systematic Investment Plan (SIP) returns are worked out assuming investment of Rs. 10,000/- every month at NAV per
unit of the scheme as on the first working day for the respective time periods. The loads have not been taken into
account. Past performance may or may not be sustained in future. The performance details provided herein are of
Regular Plan. Returns are for Growth option only. CAGR returns are computed after accounting for the cash flow by
using XIRR method (investment internal rate of return).

Data as on 29th September 2023 13

 GROWW ARBITRAGE FUND
(FORMERLY KNOWN AS INDIABULLS ARBITRAGE FUND)
(An open ended scheme investing in arbitrage opportunities.)

SEPTEMBER 2023

NAV of Plans / Options Per Unit Performance Report

Regular Plan Direct Plan

Regular Plan Scheme Benchmark* Additional Benchmark**
Growth ` 15.4710 Growth ` 16.3373
Period Returns Value of Std Returns Value of Returns Value of
Monthly IDCW ` 11.5840 Monthly IDCW ` 11.9968 Investment of
(%) (%) Rs. 10,000 (%) Rs. 10,000
Quartely IDCW ` 12.5214 Quartely IDCW ` 12.9342 Rs. 10,000
invested invested
Half Yearly IDCW ` 12.4481 Half Yearly IDCW ` 13.0166 invested
Yearly IDCW ` 12.5142 Yearly IDCW ` 12.9018 1 Year 4.9454 10,493.15 7.4732 10,747.19 6.7380 10,671.89
3 Years 3.1307 10,967.98 5.0401 11,587.96 4.5882 11,439.20
5 Years 3.8178 12,062.78 4.9196 12,717.35 5.7547 13,232.16
Since Inception 5.0620 15,471.00 5.3430 15,798.64 6.2175 16,988.89

*NIFTY 50 Arbitrage Index, **CRISIL 1 Yr T-Bill Index

Returns greater than 1 year period are compounded annualized returns (CAGR). Load is not taken into consideration.
Different plans shall have different expense structure. The performance details provided herein are of Regular Plan. Returns
are for Growth Option only. In case the start/end date is non business day, the NAV of previous working day is used for
computation. Please refer page no.18 & 19 for name of the other schemes currently managed by the Fund Managers and
relevant scheme for performance. Past performance may or may not be sustained in future. Data as on 29th September
2023
Note : Mr.Anupam Tiwari and Kaustubh Sule manages 1 Scheme each;
Mr. Kaustubh Sule & Mr. Karan Singh manages 3 schemes and Mr. Anupam Tiwari co-manages 3 schemes with Mr.
Kaustubh Sule, and co-manages 1 scheme with Mr. Kaustubh Sule & Mr. Karan Singh, and Mr. Anupam Tiwari co-manages
1 scheme with Mr. Karan Singh of Groww Mutual Fund.

Data as on 29th September 2023 14

GROWW NIFTY 50 EXCHANGE TRADED FUND
(FORMERLY KNOWN AS INDIABULLS NIFTY 50 EXCHANGE TRADED FUND)
(An open-ended Scheme tracking Nifty 50 Index)

SEPTEMBER 2023

Investment Objective
The investment objective of the scheme is to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to
tracking error. However, there can be no assurance that the investment objective of the scheme will be achieved. The Scheme does not assure or guarantee any returns.

Portfolio Top 10 Holdings

Fund Snapshot
Company Name Industry/ Rating % to NAV
Inception Date (Date of Allotment)
Equity & Equity Related Holdings
26th April, 2019 HDFC Bank Limited Banks 13.24%
Benchmark Reliance Industries Limited Petroleum Products 9.22%
ICICI Bank Limited Banks 7.74%
Nifty 50 TRI (Total Return Index) Infosys Limited IT - Software 5.96%
Fund Manager ITC Limited Diversified FMCG 4.56%
Debt - Mr. Karan Singh Larsen & Toubro Limited Construction 4.25%
(Managing Fund Since May 29, 2020) Tata Consultancy Services Limited IT - Software 4.20%
Axis Bank Limited Banks 3.30%
Managing the Scheme since 3 Years
Kotak Mahindra Bank Limited Banks 2.96%
Equity - Mr. Anupam Tiwari Bharti Airtel Limited Telecom - Services 2.71%
(Managing Fund Since May 11, 2023) Others 41.67%
Managing the Scheme since 5 Months Total Equity & Equity Related Holdings 99.81%
Non Convertible Debentures
Minimum Investment Amount (for fresh application)
Britannia Industries Limited AAA 0.02%
On stock Exchange - 1 unit Direct with mutual fund - Sub-Total 0.02%
50,000 unit and in multiples thereof Tri Party Repo (TREPs)
*TREPS/Reverse Repo/Net current assets 0.17%
Load Structure (as % of NAV) Grand Total 100.00%
Entry Load: Not Applicable
Exit Load: Nil

Fund Size (as on September 29, 2023) *TREPS : Tri-party repo dealing system

Monthly Average AUM ` 3.39 Crore

Month End AUM ` 3.37 Crore Sectoral Allocation (Top 10 Sectors)^#
35.00% 30.96%
Portfolio Details
30.00%
Top 10 Stocks 58.14% 25.00%
Top 10 Sectors 84.68% 20.00%
15.32%
13.82%
15.00%
Total Expense Ratio 9.61%
10.00% 7.12% 6.18%
Direct Plan 0.52% 5.00%
4.25% 3.51% 3.36% 3.16% 2.71%
(Including Additional Expenses and goods and service tax
on management fees.) 0.00%
Diversified FMCG

Construc on
IT - So ware

Finance
Banks

Petroleum Products

Automobiles

Pharmaceu cals &

Consumer Durables

Telecom - Services

Others
Biotechnology

NAV of Plans / Options Per Unit

Groww Nifty50 Exchange Traded Fund- ` 206.5620

Exchange Listed on
Industrywise Classification as recommended by AMFI.
^

NSE #
Disclaimer: Fund Manager may or may not have exposure in the above sectors.
code - IBMFNIFTY

Performance Report

Regular Plan Scheme Benchmark*

Period Returns Value of Std Returns Value of
(%) Investment of (%) Rs. 10,000
Rs. 10,000
invested
invested
1 Year 15.4139 11,536.86 16.1092 11,606.17
3 Years 21.2616 17,821.36 21.8888 18,099.06
5 Years NA NA NA NA
Since Inception 13.5620 17,572.79 13.6649 17,643.50
*NIFTY 50-TRI
Returns greater than 1 year period are compounded annualized returns (CAGR). Load is not taken into consideration.
Different plans shall have different expense structure. The performance details provided herein are of Direct Plan. Returns
are for Growth Option only. In case the start/end date is non business day, the NAV of previous working day is used for
computation. Please refer page no.18 & 19 for name of the other schemes currently managed by the Fund Managers and
relevant scheme for performance. Past performance may or may not be sustained in future. Data as on 29th September
2023. Note : Mr.Anupam Tiwari and Kaustubh Sule manages 1 Scheme each; Mr. Kaustubh Sule & Mr. Karan Singh manages
3 schemes and Mr. Anupam Tiwari co-manages 3 schemes with Mr. Kaustubh Sule, and co-manages 1 scheme with Mr.
Kaustubh Sule & Mr. Karan Singh, and Mr. Anupam Tiwari co-manages 1 scheme with Mr. Karan Singh of Groww Mutual
Fund.

Data as on 29th September 2023 15

 GROWW Performance Report (Direct Plan)

GROWW OVERNIGHT FUND

Scheme CRISIL Liquid Overnight Index# CRISIL 1 Yr T-Bill Index##

Period Returns Value of Std Returns Value of Rs. Returns Value of Rs.
Investment of
(%) Rs. 10,000 invested (%) 10,000 invested (%) 10,000 invested
7 days 0.1089 10,010.89 0.1115 10,011.15 0.1445 10,014.45
15 days 0.2542 10,025.42 0.2598 10,025.98 0.2736 10,027.36
30 days 0.5386 10,053.86 0.5500 10,055.00 0.5238 10,052.38
1 Year 6.1464 10,614.64 6.5529 10,655.29 6.7381 10,673.80
3 Years 4.3522 11,363.30 4.5992 11,444.20 4.5902 11,441.25
Since Inception 4.3005 11,951.01 4.4804 12,038.47 5.1880 12,387.42

GROWW Liquid Fund

Scheme CRISIL Liquid Debt B-I Index# CRISIL 1 Yr T-Bill Index##

Period Returns Value of Std Returns Value of Rs. Returns Value of Rs.
Investment of
(%) Rs. 10,000 invested (%) 10,000 invested (%) 10,000 invested
7 days 0.1198 10,011.98 0.1141 10,011.41 0.1445 10,014.45
15 days 0.2715 10,027.15 0.2674 10,026.74 0.2736 10,027.36
30 days 0.5697 10,056.97 0.5691 10,056.91 0.5238 10,052.38
1 Year 6.6672 10,666.72 7.0011 10,700.11 6.7381 10,673.80
3 Years 4.5702 11,434.68 4.9666 11,565.21 4.5902 11,441.25
5 Years 5.0926 12,820.94 5.4318 13,029.28 5.7535 13,229.40
Since Inception 6.7520 20,193.76 6.7700 20,197.69 6.3718 19,403.83

GROWW Short Duration Fund

Scheme CRISIL Short Duration Debt B-II CRISIL 10 Year Gilt Index##
Index#
Period Returns Value of Std Returns Value of Rs. Returns Value of Rs.
Investment of
(%) Rs. 10,000 invested (%) 10,000 invested (%) 10,000 invested
1 Year 6.2930 10,627.52 7.8216 10,779.93 8.0970 10,807.39
3 Years 4.7338 11,486.97 5.7755 11,832.81 3.2745 11,013.88
5 Years 5.6775 13,183.90 7.3519 14,263.24 6.6534 13,804.68
Since Inception 7.4756 20,640.95 7.8952 21,465.43 6.6189 19,045.40

GROWW Large Cap Fund

Scheme NIFTY 100-TRI# S&P BSE SENSEX-TRI##

Period Returns Value of Std Returns Value of Rs. Returns Value of Rs.
Investment of
(%) Rs. 10,000 invested (%) 10,000 invested (%) 10,000 invested
1 Year 15.6443 11,559.83 13.3743 11,333.53 16.2021 11,615.43
3 Years 18.9883 16,838.59 21.1990 17,793.80 21.5139 17,932.70
5 Years 11.7466 17,435.54 13.2334 18,628.06 14.0313 19,294.47
Since Inception 12.4658 35,359.48 13.2602 37,995.97 13.4280 38,603.99

#Benchmark, ##Additional Benchmark. ^ The scheme is in existence for more than 3 years but less than 5 years. Returns shown for 7 days, 15 days and 30 days are computed only for Groww
Liquid Scheme on Simple Annualized basis. Returns greater than 1 year period are compounded annualized returns (CAGR). Load is not taken into consideration. Different plans shall have
different expense structure. The performance details provided herein are of Direct Plan. Returns are for Growth Option only. In case the start/end date is non business day, the NAV of
previous working day is used for computation. Please refer page no.18 & 19 for name of the other schemes currently managed by the Fund Managers and relevant scheme for performance.
Past performance may or may not be sustained in future.

Data as on 29th September 2023 16

 GROWW Performance Report (Direct Plan)

GROWW Value Fund

Scheme Nifty 500 TRI# Nifty 50-TRI##

Period Returns Value of Std Returns Value of Rs. Returns Value of Rs.
Investment of
(%) Rs. 10,000 invested (%) 10,000 invested (%) 10,000 invested
1 Year 21.8876 12,182.16 17.6869 11,763.44 16.1092 11,606.17
3 Years 23.6956 18,915.15 24.1356 19,117.51 21.8888 18,099.06
5 Years 12.7046 18,196.73 14.8857 20,029.06 13.7534 19,060.22
Since Inception 10.8908 23,020.50 14.3944 29,585.44 13.7111 28,189.82

GROWW ELSS Tax Saver Fund

Scheme S&P BSE 500-TRI# NIFTY 50-TRI##

Period Returns Value of Std Returns Value of Rs. Returns Value of Rs.
Investment of
(%) Rs. 10,000 invested (%) 10,000 invested (%) 10,000 invested
1 Year 16.5035 11,645.48 17.5279 11,747.59 16.1092 11,606.17
3 Years 20.0739 17,303.25 24.2835 19,185.88 21.8888 18,099.06
5 Years 12.3406 17,904.45 15.1052 20,221.34 13.7534 19,060.22
Since Inception 9.0780 16,490.00 12.4829 19,681.70 12.8268 20,030.55

GROWW Arbitrage Fund

Scheme NIFTY 50 Arbitrage Index# CRISIL 1 Yr T-Bill Index##

Period Returns Value of Std Returns Value of Rs. Returns Value of Rs.
Investment of
(%) Rs. 10,000 invested (%) 10,000 invested (%) 10,000 invested
1 Year 5.6290 10,561.32 7.4932 10,747.19 6.7380 10,671.89
3 Years 3.8365 11,194.53 5.0401 11,587.96 4.5882 11,439.20
5 Years 4.4795 12,452.59 4.9196 12,717.35 5.7547 13,232.16
Since Inception 5.7457 16,337.30 5.3430 15,798.64 6.2175 16,988.89

GROWW Dynamic Bond Fund^

CRISIL Dynamic Bond

Scheme CRISIL 10 Year Gilt Index##
B-III Index#
Value of Std
Period Returns Returns Value of Rs. Returns Value of Rs.
Investment of
(%) Rs. 10,000 invested (%) 10,000 invested (%) 10,000 invested
1 Year 5.8836 10,586.70 8.6027 10,857.82 8.0970 10,807.39
3 Years 5.1081 11,610.45 6.8258 12,188.50 3.2745 11,013.88
Since Inception 6.1734 13,346.69 8.4267 14,768.21 5.7505 13,092.48

GROWW Aggressive Hybrid Fund^

CRISIL Hybrid 35+65 -Aggressive

Scheme NIFTY 50-TRI##
Index#
Period Returns Value of Std Returns Value of Rs. Returns Value of Rs.
Investment of
(%) Rs. 10,000 invested (%) 10,000 invested (%) 10,000 invested
1 Year 13.7625 11,372.23 13.2456 11,320.70 16.1092 11,606.17
3 Years 17.9014 16,381.76 16.7839 15,920.79 21.8888 18,099.06
Since Inception 12.6881 17,736.70 13.0765 18,031.91 14.6350 19,255.71

Data as on 29th September 2023 17

 GROWW PERFORMANCE DISCLOSURE

Disclosure on performance of other schemes managed by the fund manager (Data as on 29th September 2023)

1 Year 3 Years 5 Years Since Inception

Date of Point-to-Point Point-to-Point Point-to-Point Point-to-Point
Period returns on returns on returns on returns on
inception
CAGR % Standard CAGR % Standard CAGR % Standard CAGR % Standard
Investment Investment Investment Investment
of of of of
Rs. 10,000/- Rs. 10,000/- Rs. 10,000/- Rs. 10,000/-

Funds Managed by Mr.Kaustubh Sule / Mr.Karan Singh

Groww Liquid Fund(G)-Regular Plan 25-Oct- 6.5673 10,656.73 4.4726 11,402.68 4.9917 12,759.49 6.9588 22,331.36
CRISIL Liquid Debt B-I Index (Benchmark) 2011 7.0011 10,700.11 4.9666 11,565.21 5.4318 13,029.28 6.9430 22,292.06
CRISIL 1 Yr T-Bill Index (Additional Benchmark) 6.7381 10,673.80 4.5902 11,441.25 5.7535 13,229.40 6.3861 21,370.14
Groww Liquid Fund(G)-Direct Plan 31-Dec- 6.6672 10,666.72 4.5702 11,434.68 5.0926 12,820.94 6.7520 20,193.76
2012 7.0011 10,700.11 4.9666 11,565.21 5.4318 13,029.28 6.7700 20,197.69
CRISIL Liquid Debt B-I Index (Benchmark)
CRISIL 1 Yr T-Bill Index (Additional Benchmark) 6.7381 10,673.80 4.5902 11,441.25 5.7535 13,229.40 6.3718 19,403.83
Groww Short Duration Fund(G)-Regular Plan 13-Sep- 5.2052 10,519.05 3.4669 11,075.50 4.4321 12,424.33 6.2155 18,333.34
CRISIL Short Duration Debt B-II Index (Benchmark) 2013 7.8216 10,779.93 5.7755 11,832.81 7.3519 14,263.24 7.8952 21,465.43
CRISIL 10 Year Gilt Index (Additional Benchmark) 8.0970 10,807.39 3.2745 11,013.88 6.6534 13,804.68 6.6189 19,045.40
Groww Short Duration Fund(G)-Direct Plan 13-Sep- 6.2930 10,627.52 4.7338 11,486.97 5.6775 13,183.90 7.4756 20,640.95
2013 7.8216 10,779.93 5.7755 11,832.81 7.3519 14,263.24 7.8952 21,465.43
CRISIL Short Duration Debt B-II Index (Benchmark)
CRISIL 10 Year Gilt Index (Additional Benchmark) 8.0970 10,807.39 3.2745 11,013.88 6.6534 13,804.68 6.6189 19,045.40
Groww Overnight Fund(G)-Regular Plan** 08-Jul- 6.0904 10,609.04 4.2648 11,334.77 NA NA 4.2080 11,906.19
2019 6.5529 10,655.29 4.5992 11,444.20 NA NA 4.4804 12,038.47
CRISIL Liquid Overnight Index (Benchmark)
CRISIL 1 Yr T-Bill Index (Additional Benchmark) 6.7381 10,673.80 4.5902 11,441.25 NA NA 5.1880 12,387.42
Groww Overnight Fund(G)-Direct Plan** 08-Jul- 6.1464 10,614.64 4.3522 11,363.30 NA NA 4.3005 11,951.01
CRISIL Liquid Overnight Index (Benchmark) 2019 6.5529 10,655.29 4.5992 11,444.20 NA NA 4.4804 12,038.47
CRISIL 1 Yr T-Bill Index (Additional Benchmark) 6.7381 10,673.80 4.5902 11,441.25 NA NA 5.1880 12,387.42

Fund Managed by Mr.Anupam Tiwari (Equity Portion) /

Mr.Karan Singh (Debt Portion)
Groww Nifty 50 Exchange Traded Fund** 26-Apr- 15.4139 11,536.86 21.2616 17,821.36 NA NA 13.5620 17,572.79
NIFTY 50 TRI (Benchmark) 2019 16.1092 11,606.17 21.8888 18,099.06 NA NA 13.6649 17,643.50

Fund Managed by Mr.Anupam Tiwari (Equity Portion) /

Mr.Karan Singh & Mr. Kaustubh Sule (Debt Portion)
Groww Arbitrage Fund(G)-Regular Plan 01-Dec- 4.9454 10,493.15 3.1307 10,967.98 3.8178 12,062.78 5.0920 15,471.00
NIFTY 50 Arbitrage Index (Benchmark) 2014 7.4932 10,747.19 5.0401 11,587.96 4.9196 12,717.35 5.3430 15,798.64
CRISIL 1 Yr T-Bill Index (Additional Benchmark) 6.7380 10,671.89 4.5882 11,439.20 5.7547 13,232.16 6.2175 16,988.89
Groww Arbitrage Fund(G)-Direct Plan 01-Dec- 5.6290 10,561.32 3.8365 11,194.53 4.4795 12,452.59 5.7457 16,337.30
NIFTY 50 Arbitrage Index (Benchmark) 2014 7.4932 10,747.19 5.0401 11,587.96 4.9196 12,717.35 5.3430 15,798.64
CRISIL 1 Yr T-Bill Index (Additional Benchmark) 6.7380 10,671.89 4.5882 11,439.20 5.7547 13,232.16 6.2175 16,988.89

Fund Managed by Mr.Anupam Tiwari (Equity Portion)

Groww Large Cap Fund(G)-Regular Plan 10-Feb- 14.2569 11,421.52 17.3999 16,173.83 10.2034 16,263.18 10.6175 32,380.00
2012
NIFTY100 TRI (Benchmark) 13.3743 11,333.53 21.1990 17,793.80 13.2334 18,628.06 13.3699 43,108.53
S&P BSE Sensex TRI (Additional Benchmark) 16.2021 11,615.43 21.5139 17,932.70 14.0313 19,294.47 13.4325 43,480.96
Groww Large Cap Fund(G)-Direct Plan 01-Jan- 15.6443 11,559.83 18.9883 16,838.59 11.7466 17,435.54 12.4658 35,359.48
2013 13.3743 11,333.53 21.1990 17,793.80 13.2334 18,628.06 13.2602 37,995.97
NIFTY100 TRI (Benchmark)
S&P BSE Sensex TRI (Additional Benchmark) 16.2021 11,615.43 21.5139 17,932.70 14.0313 19,294.47 13.4280 38,603.99

Fund Managed by Mr.Kaustubh Sule

Groww Dynamic Bond Fund (G)-Regular Plan** 5.2508 10,523.60 4.5364 11,422.20 NA NA 5.6070 13,007.05
05-Dec-
CRISIL Dynamic Bond B-III Index (Benchmark) 8.6027 10,857.82 6.8258 12,188.50 NA NA 8.4267 14,768.21
2018
CRISIL 10 Year Gilt Index (Additional Benchmark) 8.0970 10,807.39 3.2745 11,013.88 NA NA 5.7505 13,092.48
Groww Dynamic Bond Fund (G)-Direct Plan** 5.8836 10,586.70 5.1081 11,610.45 NA NA 6.1734 13,346.69
CRISIL Dynamic Bond B-III Index (Benchmark) 05-Dec-
8.6027 10,857.82 6.8258 12,188.50 NA NA 8.4267 14,768.21
2018
CRISIL 10 Year Gilt Index (Additional Benchmark) 8.0970 10,807.39 3.2745 11,013.88 NA NA 5.7505 13,092.48

Data as on 29th September 2023 18

 GROWW PERFORMANCE DISCLOSURE

Disclosure on performance of other schemes managed by the fund manager (Data as on 29th September 2023)

1 Year 3 Years 5 Years Since Inception

Date Point-to-Point Point-to-Point Point-to-Point Point-to-Point
Period returns on returns on returns on returns on
of
CAGR % Standard CAGR % Standard CAGR % Standard CAGR % Standard
inception Investment Investment Investment Investment
of of of of
Rs. 10,000/- Rs. 10,000/- Rs. 10,000/- Rs. 10,000/-

Funds Managed by Mr.Anupam Tiwari (Equity Portion) /

Mr. Kaustubh Sule (Debt Portion)
Groww Value Fund(G)-Regular Plan 08-Sep- 19.9394 11,987.96 21.3431 17,857.26 10.7420 16,665.01 8.8235 19,778.70
Nifty 500 TRI (Benchmark) 2015 17.6869 11,763.44 24.1356 19,117.51 14.8857 20,029.06 14.3944 29,585.44
NIifty 50 TRI (Additional Benchmark) 16.1092 11,606.17 21.8888 18,099.06 13.7534 19,060.22 13.7111 28,189.82
Groww Value Fund(G)-Direct Plan 08-Sep- 21.8876 12,182.16 23.6956 18,915.15 12.7046 18,196.73 10.8908 23,020.50
Nifty 500 TRI (Benchmark) 2015 17.6869 11,763.44 24.1356 19,117.51 14.8857 20,029.06 14.3944 29,585.44
Niifty 50 TRI (Additional Benchmark) 16.1092 11,606.17 21.8888 18,099.06 13.7534 19,060.22 13.7111 28,189.82
Groww ELSS Tax Saver Fund(G)-Regular Plan 28-Dec- 14.5910 11,454.82 17.4403 16,190.48 10.3444 16,367.61 7.2483 14,960.00
S&P BSE 500 TRI (Benchmark) 2017 17.5279 11,747.59 24.2835 19,185.88 15.1052 20,221.34 12.4829 19,681.70
NIFTY 50 TRI (Additional Benchmark) 16.1092 11,606.17 21.8888 18,099.06 13.7534 19,060.22 12.8268 20,030.55
Groww ELSS Tax Saver Fund(G)-Direct Plan 28-Dec- 16.5035 11,645.48 20.0739 17,303.25 12.3406 17,904.45 9.0780 16,490.00
S&P BSE 500 TRI (Benchmark) 2017
17.5279 11,747.59 24.2835 19,185.88 15.1052 20,221.34 12.4829 19,681.70
NIFTY 50 TRI (Additional Benchmark) 16.1092 11,606.17 21.8888 18,099.06 13.7534 19,060.22 12.8268 20,030.55
Groww Aggressive Hybrid Fund(G)-Regular Plan** 13-Dec- 12.5896 11,255.31 15.9936 15,600.05 NA NA 10.6928 16,279.90
CRISILHybrid 35+65 - Aggressive Index(Benchmark)2018 13.2456 11,320.70 16.7839 15,920.79 NA NA 13.0765 18,031.91
NIFTY 50 TRI (Additional Benchmark) 16.1092 11,606.17 21.8888 18,099.06 NA NA 14.6350 19,255.71
Groww Aggressive Hybrid Fund (G)-Direct Plan** 13-Dec- 13.7625 11,372.23 17.9014 16,381.76 NA NA 12.6881 17,736.70
CRISILHybrid 35+65 - Aggressive Index Benchmark) 2018 13.2456 11,320.70 16.7839 15,920.79 NA NA 13.0765 18,031.91
NIFTY 50 TRI (Additional Benchmark) 16.1092 11,606.17 21.8888 18,099.06 NA NA 14.6350 19,255.71

Note:
**Groww Nifty 50 Exchange Traded Fund, Groww Dynamic Bond Fund, Groww Aggressive Hybrid Fund & Groww Overnight Fund are in
existence for more than 3 years but less than 5 years
NA - Not Applicable
Returns above are Compounded Annualised Growth Returns (CAGR). Past performance may or may not be sustained in future. All returns are
for Growth Option only.

Benchmark Details:
Fund Name Benchmark
Groww Large Cap Fund NIFTY 100-TRI
Groww Nifty50 Exchange Traded NIFTY 50 TRI
Groww Value Fund NIFTY 500 TRI
Groww ELSS Tax Saver Fund S&P BSE 500-TRI
Groww Arbitrage Fund NIFTY 50 Arbitrage Index
Groww Liquid Fund CRISIL Liquid Debt B-I Index
Groww Short Duration Fund CRISIL Short Duration Debt B-II Index
Groww Dynamic Bond Fund CRISIL Dynamic Bond B-III Index
Groww Aggressive Hybrid Fund CRISIL Hybrid 35+65 - Aggressive Index
Groww Overnight Fund CRISIL Liquid Overnight Index

Data as on 29th September 2023 19

 Scheme & Benchmark Riskometer

Scheme Name This product is suitable for investors who are seeking* RiskoMeter Benchmark RiskoMeter

Groww Overnight Fund Ÿ Short Term savings. CRISIL Liquid Overnight Index

Ÿ An overnight fund that aims to provide reasonable returns

commensurate with low risk and providing a high level of
liquidity
Ÿ Low Risk
Investors understand that their principal The Benchmark Risk-o-meter is at
will be at Low risk Low Risk.

Groww Liquid Fund Ÿ High level of liquidity with commensurate returns over short CRISIL Liquid Debt B-I Index

term.
Ÿ Through investment in money market & debt securities with
maturity of up to 91 days.
Ÿ Moderate Risk
Investors understand that their principal The Benchmark Risk-o-meter is at
will be at Moderate risk Low to Moderate Risk.

Groww Short Duration Ÿ Stable returns over short term while maintaining liquidity. CRISIL Short Duration Debt B-II Index

Fund Ÿ Through investment in debt and money market instruments.

Ÿ Moderate Risk

Investors understand that their principal The Benchmark Risk-o-meter is at

will be at Moderate risk Moderate Risk.

Groww Dynamic Bond Ÿ Dynamic debt scheme investing across duration. CRISIL Dynamic Bond B-III Index

Fund Ÿ Income over medium to long term.

Ÿ Investment in debt instruments including but not limited to
bonds, debentures, government securities and money market
instruments over various maturity periods
Ÿ Moderate Risk
Investors understand that their principal The Benchmark Risk-o-meter is at
will be at Moderate risk Moderately High Risk.

Groww Large Cap Fund Ÿ Capital appreciation over long-term NIFTY 100 - TRI

Ÿ A portfolio that is invested predominantly in equity and equity-

related securities of blue-chip large-cap companies.
Ÿ Very High Risk

Investors understand that their principal The Benchmark Risk-o-meter is at

will be at Very High risk Very High Risk.

CRISIL Hybrid 35+65 -

G r o w w A g g r e s s i v e Ÿ To generate periodic returns and long term capital appreciation Aggressive Index

Hybrid Fund from a judicious mix of equity and debt instruments.

Ÿ Very High Risk

Investors understand that their principal The Benchmark Risk-o-meter is at

will be at Very High risk Very High Risk.

Groww Value Fund Ÿ Capital appreciation and provide long-term Capital growth. NIFTY 500 TRI

Ÿ Investment primarily in companies that offer high relative value

vis–avis other companies and fall within top 500 by market
capitalization.
Ÿ Very High Risk

Investors understand that their principal The Benchmark Risk-o-meter is at

will be at Very High risk Very High Risk.

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

Data as on 29th September 2023 20

 Scheme & Benchmark Riskometer

Scheme Name This product is suitable for investors who are seeking* RiskoMeter Benchmark RiskoMeter

Groww ELSS Tax Saver Ÿ The investment objective of the Scheme is to generate long S&P BSE 500 TRI

Fund term capital appreciation from a diversified portfolio of

predominantly equity and equity related Securities.
Ÿ An ELSS Scheme offering tax benefits under Section 80C of the
Income Tax Act
Ÿ Very High Risk
Investors understand that their principal The Benchmark Risk-o-meter is at
will be at Very High risk Very High Risk.

Groww Arbitrage Fund Ÿ To generate reasonable returns over short to medium term. NIFTY 50 Arbitrage Index

Ÿ Investment predominantly in arbitrage opportunities in the

cash and derivative segments of the equity markets and the
arbitrage opportunities available within the derivative segment
and by investing the balance in debt and money market
instruments.
Ÿ Low Risk Investors understand that their principal The Benchmark Risk-o-meter is at
will be at Low risk Low Risk.

Groww Nifty 50 Ÿ Long term capital appreciation Nifty 50 TRI (Total Return Index)

Exchange Traded Fund Ÿ Investment in securities covered by Nifty 50 Index

Ÿ Very High Risk

Investors understand that their principal The Benchmark Risk-o-meter is at

will be at Very High risk Very High Risk.

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

Data as on 29th September 2023 21

 IDCW History

Dividend History
GROWW LIQUID FUND - MONTHLY IDCW OPTION (FORMERLY KNOWN AS INDIABULLS LIQUID FUND)
NAV (in `) IDCW/Unit (in `)
Record Date Face Value (in `)
Regular Direct Regular Direct
01-09-2023 1,000 1000.8672 1029.3614 5.6182 5.8595
01-08-2023 1,000 1000.8672 1029.3614 5.2136 5.4424
03-07-2023 1,000 1000.8672 1029.3614 5.7561 5.9935

GROWW SHORT DURATION FUND - MONTHLY IDCW OPTION (FORMERLY KNOWN AS INDIABULLS SHORT TERM FUND)
NAV (in `) IDCW/Unit (in `)
Record Date Face Value (in `)
Regular Direct Regular Direct
26-09-2023 1,000 1020.0112 1014.1185 4.0397 4.7712
28-08-2023 1,000 1020.0112 1014.1184 2.4313 3.1355
26-07-2023 1,000 1020.0112 1014.1183 3.2493 3.8819

GROWW ARBITRAGE FUND - MONTHLY IDCW OPTION (FORMERLY KNOWN AS INDIABULLS ARBITRAGE FUND)
NAV (in `) IDCW/Unit (in `)
Record Date Face Value (in `)
Regular Direct Regular Direct
28-04-2020 10.00 10.5276 10.6498 0.0550 0.0550
24-02-2020 10.00 10.5048 10.6131 0.0487 0.0487
22-01-2020 10.00 10.4951 10.5975 0.0487 0.0487

GROWW ARBITRAGE FUND - HALF YEARLY IDCW OPTION (FORMERLY KNOWN AS INDIABULLS ARBITRAGE FUND)
NAV (in `) IDCW/Unit (in `)
Record Date Face Value (in `)
Regular Direct Regular Direct
22-03-2018 10.00 NA 10.6987 NA 0.6751

GROWW LARGE CAP FUND - MONTHLY OPTION (FORMERLY KNOWN AS INDIABULLS BLUECHIP FUND)
NAV (in `) IDCW/Unit (in `)
Record Date Face Value (in `)
Regular Direct Regular Direct
22-03-2018 10.00 11.6200 NA 3.9100 NA
17-06-2017 10.00 10.9000* 11.0700* 1.7500 5.2500
23-03-2016 10.00 13.8200 14.4600 1.9000 2.2500

GROWW DYNAMIC BOND FUND - MONTHLY IDCW OPTION (FORMERLY KNOWN AS INDIABULLS DYNAMIC BOND FUND)
NAV (in `) IDCW/Unit (in `)
Record Date Face Value (in `)
Regular Direct Regular Direct
26-09-2023 1,000 1006.2425 1006.2814 4.1569 4.8748
28-08-2023 1,000 1006.2425 1006.2811 0.0725 0.8707
26-07-2023 1,000 1006.2424 1006.2793 2.7208 3.5083

GROWW OVERNIGHT FUND - MONTHLY IDCW OPTION (FORMERLY KNOWN AS INDIABULLS OVERNIGHT FUND)
NAV (in `) IDCW/Unit (in `)
Record Date Face Value (in `)
Regular Direct Regular Direct
01-09-2023 1,000 1001.7773 1001.7773 5.2683 5.3294
01-08-2023 1,000 1001.6637 1001.7640 4.9670 5.0722
03-07-2023 1,000 1001.7320 1001.8742 5.1677 5.2959

For all above, Pursuant to payment of IDCW, the NAV of the scheme will fall to the extent of IDCW distribution and statutory levy (if any). Past performance may or may not be sustained in future.

Data as on 29th September 2023 22

NOTES
Groww Asset Management Limited
CIN- U65991HR2008PLC095063
Registered Office
Plot No. 422, Udyog Vihar, Phase-IV, Gurgaon, Haryana- 122016, Tel: (0124) - 6681199, Fax: (0124) – 6681111
Corporate Office
1202A - 12A Floor, One World Centre, Lower Parel, Mumbai – 400013, Maharashtra. Tele - +91 22 69744435
Phone : 91 80501 80222
Email : [email protected] Website: www.growwmf.in
Disclaimer : The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including
the fluctuations in the int erest rates. The past performance of the mutual funds managed by the Groww Asset Management Limited is not
necessarily indicative of future performance of the scheme/s. The Mutual Fund is not guaranteeing or assuring any dividend under any of the
schemes and the same is subject to the availability of distributable surplus and at the sole discretion of trustees. The views expressed herein
represents general market outlook and purely represent the views of the author. This document shall not be deemed to constitute any offer
to sell the schemes of Groww Asset Management Limited. Investors are requested to review the prospectus carefully and obtain expert
professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

Disclaimer by the National Stock Exchange of India Limited: It is to be distinctly understood that the permission given by NSE should not
in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the
correctness or completeness of any of the contents of the Draft Scheme Information Document. The investors are advised to refer to the
Scheme Information Document for the full text of the 'Disclaimer Clause of NSE.

Disclaimer of NSE Indices Limited: Groww Nifty50 Exchange Traded Fund offered by Groww Mutual Fund is not sponsored, endorsed,
sold or promoted by NSE INDICES LIMITED (formerly known as India Index Services & Products Limited (IISL)). NSE INDICES LIMITED does
not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use)
and disclaims all liability to the owners of “Groww Nifty50 Exchange Traded Fund” or any member of the public regarding the advisability of
investing in securities generally or in “Groww Nifty50 Exchange Traded Fund” linked to NIFTY 50 Index or particularly in the ability of the
NIFTY 50 Index to track general stock market performance in India. Please read the full Disclaimers in relation to the NIFTY 50 Index in the
in the Scheme Information Document.

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