2023

November
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 & Hybrid Fund

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

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

Min 80% of total assets in large cap equity stocks Value Investment Strategy with Min 65% of total Min 80% of total assets in large equity with a lock Equity - 65% to 80% of total assets;
Scheme Characteristics
assets in Equity Debt - 20% to 35% of total assets
in period of 3 years
4 years & above 5 years & above 5 years & above 4 Years & above
Indicative Investment Horizon
Growth Value Growth Growth
Fund Style Matrix Investment Style
Large Cap Mid & Small Cap Large & Mid Cap Aggressive Hybrid Fund
Capitalisation
Inception Date February 10, 2012 September 8, 2015 December 28, 2017 December 13, 2018

Benchmark NIFTY100 - TRI Nifty 500 TRI S&P BSE 500 TRI CRISIL Hybrid 35+65 - Aggressive Index

Fund Manager Mr. Anupam Tiwari Debt - Mr. Kaustubh Sule Debt - Mr. Kaustubh Sule
Debt - Mr. Kaustubh Sule
Equity - Mr. Anupam Tiwari Equity - Mr. Anupam Tiwari
Equity - Mr. Anupam Tiwari
Mr. Madhu Babu

Fund Overview
Monthly Average AUM (Rs. in ` 102.07 Crore ` 11.85 Crore ` 38.31 Crore ` 35.32 Crore
Crores)
Month End AUM (Rs. in Crores) ` 104.51 Crore ` 12.32 Crore ` 39.37 Crore ` 36.01 Crore
Portfolio Turnover 0.87 0.97 0.82 1.00
Standard Deviation# 3.7356 3.7358 3.6970 2.9399
Sharpe Ratio# 0.49 0.76 0.60 1.47
Beta# 0.92 0.90 0.90 1.05
R Square# 0.94 0.90 0.94 0.90
Expense Ratio$ (Regular Plan / 2.29% / 1.06% 2.29% / 1.13% 2.24% / 0.85% 2.29% /0.85%
Direct Plan)

Market Capitalisation* (%)

Large Cap 83.61 61.05 67.11 58.64
Mid Cap 8.79 9.44 16.73 8.27
Small Cap 3.75 20.16 11.25 6.38

Portfolio Details
Number of Stocks 41 34 43 39
Top 10 Stocks (%) 46.87 50.72 41.70 37.07
Top 5 Sectors (%) 58.51 61.32 58.73 47.93

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

Data as on November 30, 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 17
for Product Labelling. #Risk free rate : FBIL Overnight Mibor Rate (6.90% as on November 30, 2023). *Market Capitalisation as per Amfi guidelines.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
 Snapshot of Equity & Nifty Fund

Scheme Name Groww Nifty Total Market Index Fund

Type of Scheme (An open-ended scheme replicating/ tracking Nifty Total

Market Index)

Scheme Characteristics 95% to 100% Equity and equity related securities covered

4 years & above

Indicative Investment Horizon
Growth
Fund Style Matrix Investment Style
Index Fund
Capitalisation
Inception Date October 25, 2023

Benchmark NIFTY Total Market Index TRI

Fund Manager Mr. Anupam Tiwari

Mr. Madhu Babu

Fund Overview

Monthly Average AUM (Rs. in ` 36.72 Crore

Crores)
Month End AUM (Rs. in Crores) ` 41.35 Crore
Portfolio Turnover 0.00%
Standard Deviation# -
Sharpe Ratio# -
Beta# -
R Square# -
Expense Ratio$ (Regular Plan / 1.00% / 0.20%
Direct Plan)

Market Capitalisation* (%)

Large Cap 71.56

Mid Cap 16.89
Small Cap 12.77

Portfolio Details

Number of Stocks 751

Top 10 Stocks (%) 35.23
Top 5 Sectors (%) 47.63

Other Details

Exit Load Nil

Data as on November 30, 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 17
for Product Labelling. #Risk free rate : FBIL Overnight Mibor Rate (6.90% as on November 30, 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) ` 29.46 Crore ` 159.83 Crore ` 37.46 Crore ` 36.61 Crores
Month End AUM (Rs. in Crores) ` 24.82 Crore ` 159.27 Crore ` 37.39 Crore ` 36.70 Crores
Modified Duration 1.00 Day 42.00 Days 2.61* Years 4.99 Years
Average Maturity 1.00 Day 47.00 Days 3.03 Years 6.86 Years
Annualized YTM 6.77% 7.23% 7.28% 7.29%
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 - 34.27% - -
Treasury Bills 2.01% 18.61% - -
Fixed Deposit/Mutual Fund Unit - 0.70% 1.48% 2.36%
Commercial Papers - 37.27% - -
Non Convertible Debentures - - - -
Government securities - - 84.16% 90.66%
TREPS/Reverse Repo/ Net current assets 97.79% 9.15% 14.36% 6.98%

Composition by Ratings (%)

AAA & Equivalent - - - -
AA/AA- & Equivalent - - - -
A1+ & Equivalent - 71.54% - -
SOV 2.01% 18.61% 84.16% 90.66%
Cash & Others 97.79% 9.85% 15.84% 9.34%

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 November 30, 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 17 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)

NOVEMBER 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
91 Days Treasury Bill 07-Dec-2023 SOV 2.01%
CRISIL Liquid Overnight Index
Sub-Total 2.01%
Fund Manager
*TREPS/Reverse Repo/Net current assets 97.79%
Mr. Karan Singh
(Managing Fund Since May 29, 2020) Grand Total 100.00%
Managing the Scheme since 3 Years 6 months
Mr. Kaustubh Sule *TREPS : Tri-party repo dealing system
(Managing Fund Since May 11, 2023)
Managing the Scheme since 6 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 November 30, 2023)
Monthly Average AUM ` 29.46 Crore Performance Report
Month End AUM ` 24.82 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 0.1260 10,012.60 0.1301 10,013.01 0.1249 10,012.49
1.00 Days 1.00 Days 1.00 Days 6.77%
15 days 0.2697 10,026.97 0.2790 10,027.90 0.2645 10,026.45
30 days 0.5385 10,053.85 0.5578 10,055.78 0.6013 10,060.13
Total Expense Ratio
1 Year 6.2466 10,624.66 6.7000 10,670.00 6.9666 10,696.66
Direct Plan 0.08% 3 Years 4.4879 11,407.71 4.8199 11,516.79 4.7205 11,484.05
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 4.3056 12,037.99 4.5748 12,175.30 5.2722 12,536.63

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 ` 1203.80 Growth ` 1208.54
the start/end date is non business day, the NAV of previous working day is used for computation. Please refer page no.16 &
Daily IDCW ` 1001.01 Daily IDCW ` 1001.02 17 for name of the other schemes currently managed by the Fund Managers and relevant scheme for performance. Past
Weekly IDCW ` 1001.29 Weekly IDCW NA performance may or may not be sustained in future. Data as on 30th November 2023
Fortnightly IDCW ` 1001.27 Fortnightly IDCW NA
Monthly IDCW ` 1007.01 Monthly IDCW ` 1007.03 Note :"Mr. Anupam Tiwari co-manages 2 schemes with Mr. Madhu Babu and Mr. Kaustubh Sule manages 1 scheme; Mr.
Kaustubh Sule & Mr. Karan Singh manages 3 schemes and Mr. Anupam Tiwari co-manages 3 schemes with Mr Madhu
Fund Style Babu and Mr. Kaustubh Sule

Credit Quality
High Mid Low
High

Interest Rate
Sensitivity
Mid
Low

Data as on 30th November 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.)

NOVEMBER 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.

Portfolio

Fund Snapshot Company Name Rating Class % to NAV

Treasury Bills
Inception Date (Date of Allotment)
91 Days Treasury Bill 18-Jan-2024 SOV 9.33%
25th October, 2011
91 Days Treasury Bill 15-Feb-2024 SOV 6.19%
Benchmark
91 Days Treasury Bill 22-Feb-2024 SOV 3.09%
CRISIL Liquid Debt B-I Index Sub-Total 18.61%
Fund Manager Commercial Papers
Mr. Karan Singh LIC Housing Finance Limited A1+ 6.25%
(Managing Fund Since May 29, 2020) Standard Chartered Capital Limited A1+ 6.25%
Small Industries Development Bank of India A1+ 6.21%
Managing the Scheme since 3 Years 6 months
Sikka Ports & Terminals Limited A1+ 6.19%
Mr. Kaustubh Sule Axis Securities Limited A1+ 6.17%
(Managing Fund Since May 11, 2023) Aditya Birla Finance Limited A1+ 3.10%
Managing the Scheme since 6 Months Aditya Birla Finance Limited A1+ 3.10%
Sub-Total 37.27%
Minimum Investment Amount (for fresh application) Certificate of Deposits
For Lumpsum & SIP : ` 100 and in multiples of ` 1/- Kotak Mahindra Bank Limited A1+ 6.27%
thereafter Canara Bank A1+ 6.26%
National Bank for Agriculture and Rural Development A1+ 6.21%
Minimum Additional Investment
Union Bank of India A1+ 6.19%
` 100 and in multiples of ` 1/- thereafter
Axis Bank Limited A1+ 3.14%
Bank of Baroda A1+ 3.11%
Load Structure (as % of NAV)
Axis Bank Limited A1+ 3.09%
Entry Load: Not Applicable
Sub-Total 34.27%
Exit Load: (w.e.f. October 19, 2019)
Fixed Deposit (Debt)
Investor exit Day 7 HDFC Bank Limited 0.38%
Day 1 Day 2 Day 3 Day 4 Day 5 Day 6
upon subscription* onwards Sub-Total 0.38%
Exit Load as a % of Mutual Fund Units
0.0070% 0.0065% 0.0060% 0.0055% 0.0050% 0.0045% 0.0000%
redemption proceeds
SBI Funds Management Private Limited 0.32%
*The date of applicable NAV towards redemption units shall be considered
Sub-Total 0.32%
for calculating the number of subscription days.
Tri Party Repo (TREPs)
Fund Size (as on November 30, 2023) *TREPS/Reverse Repo/Net current assets 9.15%
Grand Total 100.00%
Monthly Average AUM ` 159.83 Crore *TREPS : Tri-party repo dealing system
Month End AUM ` 159.27 Crore Rating Profile Composition of Asset
Maturity and Yield
TREPS/Reverse Repo/
TREPS/Reverse Repo/ Mutual Fund Net Current Assets
Modified Average Macaulay Annualized Net Current Assets 0.32% 9.15%
Duration Maturity Duration YTM 9.85%
FD
CP
42 Days 47 Days 45 Days 7.23% SOV 0.38%
37.27%
A1+
18.61%
Total Expense Ratio 71.54%
T-Bills
Direct Plan 0.10% 18.61%
Regular Plan 0.20% Certificate
(Including Additional Expenses and goods and service tax of Deposits
on management fees.) Note : TREPS/Reverse Repo/Net Current Assets of 9.15% 34.27%
NAV of Plans / Options Per Unit
Performance Report
Regular Plan Direct Plan
Regular Plan Scheme Benchmark* Additional Benchmark**
Growth ` 2258.38 Growth ` 2282.32 Period Returns Value of Std Returns Value of Returns Value of
Daily IDCW ` 1001.15 Daily IDCW ` 1001.06 (%) Investment of (%) Rs. 10,000 (%) Rs. 10,000
Weekly IDCW ` 1001.98 Weekly IDCW ` 1000.91 Rs. 10,000
invested invested
Fortnightly IDCW ` 1000.88 Fortnightly IDCW ` 1000.94 invested
Monthly IDCW ` 1006.31 Monthly IDCW ` 1035.05 7 days 0.1315 10,013.15 0.1331 10,013.31 0.1249 10,012.49
Fund Style 15 days 0.2803 10,028.03 0.2904 10,029.04 0.2645 10,026.45
Credit Quality 30 days 0.5633 10,056.33 0.5865 10,058.65 0.6013 10,060.13

High Mid Low 1 Year 6.6902 10,669.02 7.1171 10,711.71 6.9666 10,696.66
3 Years 4.6900 11,474.03 5.1640 11,630.57 4.7205 11,484.05
High

5 Years 4.9747 12,749.14 5.4130 13,017.65 5.6260 13,149.81

Since Inception 6.9604 22,583.79 6.9490 22,554.87 6.5783 21,626.17
Interest Rate

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

Sensitivity

Returns shown for 7 days, 15 days and 30 days are computed on Simple Annualised basis. Returns greater than 1 year
Mid

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.16 &
17 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 30th November 2023.
Low

Note : "Mr. Anupam Tiwari co-manages 2 schemes with Mr. Madhu Babu and Mr. Kaustubh Sule manages 1 scheme; Mr.
Kaustubh Sule & Mr. Karan Singh manages 3 schemes and Mr. Anupam Tiwari co-manages 3 schemes with Mr Madhu
Babu and Mr. Kaustubh Sule

Data as on 30th November 2023

 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.

NOVEMBER 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
7.06% GOI - 10-Apr-2028 SOV 39.82%
CRISIL Short Duration Debt B-II Index
7.38% GOI MAT 20-Jun-2027 SOV 30.87%
Fund Manager
8.08% Haryana SDL - 28-Jan-2025 SOV 13.47%
Mr. Karan Singh
(Managing Fund Since May 29, 2020) Sub-Total 84.16%
Managing the Scheme since 3 Years & 6 months Fixed Deposit
Mr. Kaustubh Sule HDFC Bank Limited 1.34%
(Managing Fund Since May 11, 2023) Sub-Total 1.34%
Managing the Scheme since 6 Months Mutual Fund Units
Minimum Investment Amount (for fresh application) SBI Funds Management Private Limited 0.14%
For Lumpsum & SIP : ` 100 and in multiples of ` 1/- Total 0.14%
thereafter Tri Party Repo (TREPs)
Minimum Additional Investment *TREPS/Reverse Repo/Net current assets 14.36%
` 100 and in multiples of ` 1/- thereafter Grand Total 100.00%
Load Structure (as % of NAV)
*TREPS : Tri-party repo dealing system
Entry Load: Not Applicable
Exit Load: Nil Rating Profile Composition of Asset
Fund Size (as on November 30, 2023) TREPS/Reverse Repo/
TREPS/Reverse Repo/ Net Current Assets
Monthly Average AUM ` 37.46 Crore Net Current Assets Mutual Fund 14.36%
Month End AUM ` 37.39 Crore 15.84% 0.14%

FD
Maturity and Yield Govt Securities
SOV 1.34%
84.16% 84.16%

Modified Average Macaulay Annualized

Duration Maturity Duration YTM
2.52 Years 3.03 Years 2.61 Years 7.28%
Note : TREPS/Reverse Repo/Net Current Assets of 14.36%

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 4.9660 10,496.60 7.5606 10,756.06 6.7700 10,677.00
Regular Plan Direct Plan
3 Years 3.0333 10,940.55 5.3918 11,711.37 2.9370 10,909.83
Growth ` 1850.30 Growth ` 2087.43
5 Years 4.2912 12,339.22 7.1617 14,134.53 5.9614 13,360.02
Weekly IDCW ` 1013.63 Weekly IDCW ` 1013.69
Fortnightly IDCW ` 1015.12 Fortnightly IDCW ` 1013.85 Since Inception 6.2065 18,502.96 7.8690 21,685.93 6.5833 19,184.96
Monthly IDCW ` 1019.74 Monthly IDCW ` 1013.89
*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.16 & 17 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 30th November
High Mid Low 2023

Note : "Mr. Anupam Tiwari co-manages 2 schemes with Mr. Madhu Babu and Mr. Kaustubh Sule manages 1 scheme; Mr.
High

Kaustubh Sule & Mr. Karan Singh manages 3 schemes and Mr. Anupam Tiwari co-manages 3 schemes with Mr Madhu Babu
and Mr. Kaustubh Sule.
Interest Rate
Sensitivity
Mid
Low

Data as on 30th November 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.)
NOVEMBER 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 7.18% GOI - 14-Aug-2033 SOV 35.17%
CRISIL Dynamic Bond B-III Index 7.17% GOI - 17-APR-2030 SOV 27.08%
Fund Manager 7.06% GOI - 10-Apr-2028 SOV 18.90%
Mr. Kaustubh Sule 7.26% GOI MAT 06-Feb-2033 SOV 8.14%
(Managing Fund Since May 11, 2023)
7.38% GOI MAT 20-Jun-2027 SOV 1.37%
Managing the Scheme since 6 Months
Sub-Total 90.66%
Minimum Investment Amount (for fresh application) Fixed Deposit
For Lumpsum & SIP : ` 100 and in multiples of ` 1/-
HDFC Bank Limited 2.18%
thereafter
Sub-Total 2.18%
Minimum Additional Investment
Mutual Fund Units
` 100 and in multiples of ` 1/- thereafter SBI Funds Management Private Limited 0.18%
Load Structure (as % of NAV)
Sub-Total 0.18%
Entry Load: Not Applicable
Tri Party Repo (TREPs)
Exit Load: Nil
*TREPS/Reverse Repo/Net current assets 6.98%
Grand Total 100.00%
Fund Size (as on November 30, 2023)

Monthly Average AUM ` 36.61 Crore

Month End AUM ` 36.70 Crore
*TREPS : Tri-party repo dealing system
Maturity and Yield
Rating Profile Composition of Asset

Modified Average Macaulay Annualized TREPS/Reverse Repo/ TREPS/Reverse Repo/

Duration Maturity Duration YTM Net Current Assets Net Current Assets
Mutual Fund
9.34% 6.98%
4.99 Years 6.86 Years 5.17 Years 7.29% 0.18%

FD
Total Expense Ratio 2.18%
SOV Govt
Direct Plan 0.45% 90.66% Securities
90.66%
Regular Plan 1.45%
(Including Additional Expenses and goods and service tax
on management fees.)

NAV of Plans / Options Per Unit Note : TREPS/Reverse Repo/Net Current Assets of 6.98%

Regular Plan Direct Plan

Growth ` 1310.75 Growth ` 1347.26 Performance Report
Daily IDCW ` 1007.77 Daily IDCW ` 1006.64
Weekly IDCW ` 1007.71 Weekly IDCW ` 1007.72 Regular Plan Scheme Benchmark* Additional Benchmark**
Fortnightly IDCW ` 1007.82 Fortnightly IDCW ` 1008.13 Period Returns Value of Std Returns Value of Returns Value of
Monthly IDCW ` 1005.31 Monthly IDCW ` 1005.49 (%) Investment of (%) Rs. 10,000 (%) Rs. 10,000
Rs. 10,000
Fund Style invested invested
invested
1 Year 4.8082 10,480.82 7.6960 10,769.60 6.7700 10,677.00
Credit Quality
3 Years 3.5954 11,121.09 5.7054 11,816.53 2.9370 10,909.83
High Mid Low
5 Years NA NA NA NA NA NA
Since Inception 5.5737 13,107.50 8.2828 14,873.69 5.7322 13,206.01
High

* 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.
Interest Rate
Sensitivity

Different plans shall have different expense structure.

Mid

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 30th November 2023
Low

Note : "Mr. Anupam Tiwari co-manages 2 schemes with Mr. Madhu Babu and Mr. Kaustubh Sule manages 1 scheme; Mr.
Kaustubh Sule & Mr. Karan Singh manages 3 schemes and Mr. Anupam Tiwari co-manages 3 schemes with Mr Madhu Babu
and Mr. Kaustubh Sule

Data as on 30th November 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)

NOVEMBER 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 8.08%
Larsen & Toubro Limited Construction 7.61%
Fund Manager HDFC Bank Limited Banks 7.48%
Mr. Anupam Tiwari (Head-Equity) Bajaj Finance Limited Finance 3.70%
(Managing Fund Since May 11, 2023) Axis Bank Limited Banks 3.51%
Managing the Scheme since 6 Months Reliance Industries Limited Petroleum Products 3.48%
Tata Motors Limited Automobiles 3.37%
Minimum Investment Amount (for fresh application) Bajaj Auto Limited Automobiles 3.26%
For Lumpsum & SIP : `100 and in multiples of `.1/- Bharti Airtel Limited Telecom - Services 3.21%
thereafter ITC Limited Diversified FMCG 3.17%
Minimum Additional Investment Others 49.28%
` 100 and in multiples of ` 1/- thereafter Total Equity & Equity Related Holdings 96.15%
Load Structure (as % of NAV)
Mutual Fund Unit
Groww Mutual Fund 0.96%
Entry Load: Not Applicable
Sub-Total 0.96%
Exit Load: a) 1% if redeemed/ switched out within 7 Tri Party Repo (TREPs)
Days from the date of allotment. *TREPS/Reverse Repo/Net current assets 2.89%
b) Nil - if redeemed/ switched out after 7 Days from Grand Total 100.00%
the date of allotment.
*TREPS : Tri-party repo dealing system
Fund Size (as on November 30, 2023) Sectoral Allocation (Top 10 Sectors)^#
Monthly Average AUM ` 102.07 Crore 23.67% 22.89%
25.00%
Month End AUM ` 104.51 Crore
20.00%
Portfolio Details
15.00%
Top 10 Stocks 46.87% 10.94%
9.08%
Top 10 Sectors 77.11% 10.00% 7.61% 7.21%
5.12%
Total Expense Ratio 5.00% 3.62% 3.48% 3.21% 3.17%

Direct Plan 1.06%

0.00%
Regular Plan 2.29%
Banks

Others
Finance
Automobiles

Construction

Consumer Durables
IT - Software

Diversified FMCG
Telecom - Services
Petroleum Products
Cement & Cement
Products

(Including Additional Expenses and goods and service tax

on management fees.)

Quantitative / Volatility Measures

Industrywise Classification as recommended by AMFI.

^

Standard Sharpe Portfolio Disclaimer: Fund Manager may or may not have exposure in the above sectors.
#

Deviation Ratio* Turnover

3.7356 0.49 0.87% SIP Returns

Scheme Benchmark* Additional Benchmark**

No. of Period Investment Returns Value of Returns Value of Returns Value of
Beta R Square
Stocks Amount (%) Rs. 10,000 (%) Rs. 10,000 (%) Rs. 10,000
0.92 0.94 (Rs.) invested invested invested
41
1 Year 1,20,000 18.79 1,31,802 18.98 1,31,915 14.92 1,29,421
*Annualised. Risk free rate assumed to be 6.90 3 Years 3,60,000 11.75 4,29,094 12.67 4,34,827 12.43 4,33,337
(FBIL OVERNIGHT MIBOR)
5 Years 6,00,000 12.84 8,27,853 15.77 8,89,823 15.69 8,88,029
NAV of Plans / Options Per Unit 7 Years 8,40,000 11.26 12,54,138 14.29 13,97,389 14.80 14,23,067
10Years 12,00,000 11.05 21,29,421 13.55 24,33,101 13.81 24,67,997
Regular Plan Direct Plan Since Inception 14,20,000 11.26 28,63,677 13.73 33,59,907 13.85 33,87,196
Growth ` 33.5200 Growth ` 39.2800
IDCW ` 18.8900 IDCW ` 22.7700 *NIFTY 100 - TRI, **S&P BSE SENSEX-TRI
Monthly IDCW Monthly IDCW Systematic Investment Plan (SIP) returns are worked out assuming investment of Rs. 10,000/- every month at NAV per
` 19.3000 ` 17.5600
unit of the scheme as on the first working day for the respective time periods. The loads have not been taken into
Quarterly IDCW ` 20.0100 Quarterly IDCW ` 21.9300
account. Past performance may or may not be sustained in future. The performance details provided herein are of
Half YearlyIDCW ` 20.1200 Half YearlyIDCW ` 22.1000 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 30th November 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)

NOVEMBER 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 7.9549 10,795.49 7.8334 10,783.34 7.5851 10,758.51
Capitalisation

3 Years 13.0936 14,479.48 16.8484 15,974.37 16.2698 15,737.61

Medium

5 Years 10.7747 16,684.92 14.0307 19,286.98 14.4554 19,649.11

Since Inception 10.7837 33,520.00 13.4858 44,556.61 13.4379 44,335.13

*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.16 & 17 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 30th November
2023

Note : "Mr. Anupam Tiwari co-manages 2 schemes with Mr. Madhu Babu and Mr. Kaustubh Sule manages 1 scheme; Mr.
Kaustubh Sule & Mr. Karan Singh manages 3 schemes and Mr. Anupam Tiwari co-manages 3 schemes with Mr Madhu
Babu and Mr. Kaustubh Sule

$Note: Groww Nifty 50 Exchange Traded Fund & Groww Arbitrage Fund has been merge into Groww Large cap Fund
with effect from 27 October, 2023.

Data as on 30th November 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)
NOVEMBER 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
Benchmark Equity & Equity Related Holdings
ICICI Bank Limited Banks 6.67%
CRISIL Hybrid 35+65 - Aggressive Index
HDFC Bank Limited Banks 5.37%
Fund Manager Larsen & Toubro Limited Construction 4.40%
Debt - Mr. Kaustubh Sule Axis Bank Limited Banks 3.68%
(Managing Fund Since May 11, 2023) Bajaj Auto Limited Automobiles 3.29%
Managing the Scheme since 6 Months Infosys Limited IT - Software 3.25%
Equity - Mr. Anupam Tiwari (Head-Equity) Bajaj Finance Limited Finance 2.85%
(Managing Fund Since May 11, 2023) Tata Motors Limited Automobiles 2.67%
Managing the Scheme since 6 Months UltraTech Cement Limited Cement & Cement Products 2.63%
Bharti Airtel Limited Telecom - Services 2.26%
Others 36.22%
Load Structure (as % of NAV) Total Equity & Equity Related Holdings 73.29%
Govt Securities
Entry Load: Not Applicable 7.26% GOI MAT 06-Feb-2033 SOV 12.44%
Exit Load: 7.06% GOI - 10-Apr-2028 SOV 5.52%
a)1% if redeemed/ switched out within 7 Days from the Sub-Total 17.96%
date of allotment, Fixed Deposit
b)Nil - if redeemed/ switched out after 7 Days from the HDFC Bank Limited 0.83%
date of allotment Sub-Total 0.83%
Mutual Fund Unit
Minimum Additional Investment
Groww Mutual Fund 0.84%
` 100 and in multiples of ` 1/- thereafter
Sub-Total 0.84%
Minimum Investment Amount (for fresh application)
Tri Party Repo (TREPs)
For Lumpsum & SIP : `100 and in multiples of `1/- *TREPS/Reverse Repo/Net current assets 7.08%
thereafter Grand Total 100.00%
Fund Size (as on November 30, 2023) *TREPS : Tri-party repo dealing system

Sectoral Allocation (Top 10 Sectors)^# Rating Profile (Debt Holding)

Monthly Average AUM ` 35.32 Crore
Month End AUM ` 36.01 Crore Banks 19.62%
Portfolio Details IT - Software 9.57%

Top 10 Stocks 37.07% Automobiles 7.69%

Top 10 Sectors 61.59% Finance 5.67%

Cement & Cement
5.38%
Total Expense Ratio Products
Construction 4.40%
Direct Plan 0.85% SOV/FD/MF
Consumer Durables 2.57%
Regular Plan 2.29% 19.63%
(Including Additional Expenses and goods and service tax Telecom - Services 2.26%
on management fees.) Aerospace & Defense 2.22%

NAV of Plans / Options Per Unit Retailing 2.21%

Others 38.41%
Regular Plan Direct Plan
Growth ` 16.8151Growth
IDCW ` 16.8125IDCW Note : TREPS/Reverse Repo/Net Current Assets of 7.08%
Industrywise Classification as recommended by AMFI.
^

Monthly IDCW ` 16.8135Monthly IDCW ` 18.3652

Disclaimer: Fund Manager may or may not have exposure in the above sectors.
#

Quarterly IDCW ` 17.8228Quarterly IDCW ` 18.2215

Half YearlyIDCW ` 16.7755Half YearlyIDCW ` 18.1921
Fund Style
` 18.0053 SIP Returns
` 17.6712
Investment Style Scheme Benchmark* Additional Benchmark**
Growth Blend Value Period Investment Returns Value of Returns Value of Returns Value of
Amount (%) Rs. 10,000 (%) Rs. 10,000 (%) Rs. 10,000
Large

(Rs.) invested invested invested

1 Year 1,20,000 15.49 1,29,772 17.19 1,30,822 17.59 1,31,064
Capitalisation

3 Years 3,60,000 10.52 4,21,439 11.63 4,28,294 13.06 4,37,271

Medium

Since Inception 6,00,000 12.18 8,14,415 13.87 8,49,117 16.14 8,97,846

*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
Small

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 30th November 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)
NOVEMBER 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
2.9399 1.47 1.00%
Rs. 10,000
invested invested
invested
1 Year 7.8202 10,782.02 9.7824 10,978.24 8.4666 10,846.66
No. of 3 Years 11.9923 14,059.45 13.8785 14,783.92 17.1180 16,085.52
Beta R Square
Stocks 5 Years NA NA NA NA NA NA
1.05 0.90
39 Since Inception 11.0296 16,815.10 13.2078 18,518.74 14.7440 19,800.93

*Annualised. Risk free rate assumed to be 6.90 *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.16 & 17 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 30th November
2023

Note : "Mr. Anupam Tiwari co-manages 2 schemes with Mr. Madhu Babu and Mr. Kaustubh Sule manages 1 scheme; Mr.
Kaustubh Sule & Mr. Karan Singh manages 3 schemes and Mr. Anupam Tiwari co-manages 3 schemes with Mr Madhu Babu
and Mr. Kaustubh Sule

Data as on 30th November 2023 08

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

NOVEMBER 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
Equity & Equity Related Holdings
Inception Date (Date of Allotment) HDFC Bank Limited Banks 6.95%
8th September, 2015 Larsen & Toubro Limited Construction 6.82%
NTPC Limited Power 6.02%
ICICI Bank Limited Banks 5.54%
Benchmark
Power Finance Corporation Limited Finance 4.59%
Nifty 500 TRI Birlasoft Limited IT - Software 4.34%
State Bank of India Banks 4.31%
Fund Manager Bajaj Auto Limited Automobiles 4.20%
Debt - Mr. Kaustubh Sule Axis Bank Limited Banks 4.14%
(Managing Fund Since May 11, 2023) Bharti Airtel Limited Telecom - Services 3.81%
Managing the Scheme since 6 Months Others 39.93%
Total Equity & Equity Related Holdings 90.65%
Equity - Mr. Anupam Tiwari(Head-Equity) Mutual Fund Units
(Managing Fund Since May 11, 2023) SBI Funds Management Private Limited 1.63%
Managing the Scheme since 6 Months Sub-Total 1.63%
Tri Party Repo (TREPs)
Minimum Investment Amount (for fresh application)
*TREPS/Reverse Repo/Net current assets 7.72%
For Lumpsum & SIP : ` 10/- and in multiples of ` .1/-
Grand Total 100.00%
thereafter
*TREPS : Tri-party repo dealing system

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

` 10/- and in multiples of ` 1/- thereafter

25.00% 23.73%
Load Structure (as % of NAV)
Entry Load: Not Applicable 20.00%
Exit Load: a) 1% if redeemed/ switched out within
14.38%
1 year from the date of allotment. 15.00%
b) NIL, if redeemed/ switched out after 1 year from the 11.12%
9.98%
9.11%
date of allotment 10.00% 7.38% 6.82% 6.13%
4.47% 3.81%
5.00% 3.07%
Fund Size (as on November 30, 2023)
Monthly Average AUM ` 11.85 Crore 0.00%

Others
Finance
Banks

Automobiles

Power

Construction

Auto Components
IT - Software

Industrial Products
Cement & Cement
Products

Telecom - Services

Month End AUM ` 12.32 Crore

Portfolio Details
Top 10 Stocks 50.72% ^
Industrywise Classification as recommended by AMFI.
Top 10 Sectors 85.62% 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 2.29%
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 31.07 1,39,213 26.77 1,36,642 17.59 1,31,064
3 Years 3,60,000 15.98 4,55,960 16.21 4,57,450 13.06 4,37,271
Regular Plan Direct Plan
5 Years 6,00,000 16.61 9,08,256 18.69 9,55,610 16.13 8,97,678
Growth ` 20.8141 Growth ` 24.2737
IDCW ` 20.8073 IDCW ` 24.1825 7 Years 8,40,000 12.27 12,99,978 16.08 14,89,684 14.76 14,20,893
Monthly IDCW ` 16.1530 Monthly IDCW ` 17.8026 Since Inception 9,90,000 11.44 16,06,309 15.64 19,23,541 14.52 18,33,273
Quarterly IDCW ` 15.7394 Quarterly IDCW ` 19.4189
` 17.0495 ` 19.4345 *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 30th November 2023 09

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

NOVEMBER 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 15.2880 11,528.80 13.8354 11,383.54 8.4666 10,846.66
Capitalisation

3 Years 17.1489 16,098.27 20.0416 17,323.95 17.1180 16,085.52

Medium

5 Years 12.0099 17,636.68 15.8267 20,855.39 14.4516 19,645.82

Since Inception 9.3123 20,814.10 14.6511 30,821.55 13.7824 28,950.73

*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.16 & 17 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 30th November
2023
Quantitative / Volatility Measures
Note : "Mr. Anupam Tiwari co-manages 2 schemes with Mr. Madhu Babu and Mr. Kaustubh Sule manages 1 scheme; Mr.
Kaustubh Sule & Mr. Karan Singh manages 3 schemes and Mr. Anupam Tiwari co-manages 3 schemes with Mr Madhu
Standard Portfolio Babu and Mr. Kaustubh Sule
Sharpe
Deviation Ratio* Turnover
3.7358 0.76 0.97%

No. of
Beta R Square
Stocks
0.90 0.90
34

*Annualised. Risk free rate assumed to be 6.90

(FBIL OVERNIGHT MIBOR)

Data as on 30th November 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.)
NOVEMBER 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 7.69%
Benchmark Larsen & Toubro Limited Construction 5.56%
S&P BSE 500 TRI HDFC Bank Limited Banks 5.30%
Bajaj Finance Limited Finance 3.89%
Fund Manager Tata Motors Limited Automobiles 3.52%
Debt - Mr. Kaustubh Sule Bharti Airtel Limited Telecom - Services 3.32%
(Managing Fund Since May 11, 2023) Axis Bank Limited Banks 3.24%
Managing the Scheme since 6 Months UltraTech Cement Limited Cement & Cement Products 3.15%
Mahindra & Mahindra Limited Automobiles 3.06%
Equity - Mr. Anupam Tiwari (Head-Equity)
Power Finance Corporation Limited Finance 2.97%
(Managing Fund Since May 11, 2023)
Others 53.39%
Managing the Scheme since 6 Months
Total Equity & Equity Related Holdings 95.09%
Mr. Madhu Babu(Assistant Fund Manager- Equity) Tri Party Repo (TREPs)
(Managing Fund Since Nov 30, 2023) *TREPS/Reverse Repo/Net current assets 4.91%
Grand Total 100.00%

Minimum Investment Amount (for fresh application)

For Lumpsum & SIP : ` 500 and in multiples of ` *TREPS : Tri-party repo dealing system
500/- thereafter

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

` 500 and in multiples of ` 1/- thereafter
Load Structure (as % of NAV) 25.00%
21.46%
Entry Load: Not Applicable 19.59%
Exit Load: Nil 20.00%
14.15%
Fund Size (as on November 30, 2023) 15.00%
9.83%
Monthly Average AUM ` 38.31 Crore 10.00% 8.47%
6.69%
Month End AUM ` 39.37 Crore 5.56%
4.14% 3.64%
5.00% 3.32% 3.15%

Portfolio Details
0.00%

Others
Finance

Cement & Cement

Banks

Products
Automobiles

Construction

Auto Components
IT - Software

Industrial Products

Telecom - Services

Aerospace & Defense

Top 10 Stocks 41.70%
Top 10 Sectors 78.54%

Total Expense Ratio

Direct Plan 0.85%

^
Industrywise Classification as recommended by AMFI.
Disclaimer: Fund Manager may or may not have exposure in the above sectors.
#

Regular Plan 2.24%

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

Quantitative / Volatility Measures Scheme Benchmark* Additional Benchmark**

Period Investment Returns Value of Returns Value of Returns Value of
Standard Sharpe Portfolio Amount (%) Rs. 10,000 (%) Rs. 10,000 (%) Rs. 10,000
Deviation Ratio* Turnover (Rs.) invested invested invested
3.6970 0.60 0.82% 1 Year 1,20,000 23.99 1,34,965 26.19 1,36,295 17.59 1,31,064
3 Years 3,60,000 13.13 4,37,685 16.15 4,57,061 13.06 4,37,271
5 Years 6,00,000 13.81 8,47,808 18.80 9,58,228 16.13 8,97,678
Since Inception 7,20,000 12.19 10,41,630 17.08 12,06,096 15.15 11,38,395
Beta R Square No. of Stocks
0.90 0.94 43 *S&P BSE 500-TRI, **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
*Annualised. Risk free rate assumed to be 6.90 account. Past performance may or may not be sustained in future. The performance details provided herein are of
(FBIL OVERNIGHT MIBOR) 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).

NAV of Plans / Options Per Unit

Regular Plan Direct Plan

Growth ` 15.7200 Growth ` 17.3700
IDCW ` 15.7200 IDCW ` 17.3500

Data as on 30th November 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.)
NOVEMBER 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 11.1740 11,117.40 13.4433 11,344.33 8.4666 10,846.66
Interest Rate
Sensitivity

3 Years 14.6112 15,071.91 20.2100 17,397.19 17.1180 16,085.52

Mid

5 Years 11.1826 16,994.59 16.0035 21,015.17 14.4516 19,645.82

Since Inception 7.9321 15,720.00 12.9582 20,586.96 13.0394 20,674.82

*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.16 & 17 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 30th November
2023

Note : "Mr. Anupam Tiwari co-manages 2 schemes with Mr. Madhu Babu and Mr. Kaustubh Sule manages 1 scheme; Mr.
Kaustubh Sule & Mr. Karan Singh manages 3 schemes and Mr. Anupam Tiwari co-manages 3 schemes with Mr Madhu Babu
and Mr. Kaustubh Sule

Data as on 30th November 2023 12

 GROWW Nifty Total Market Index Fund
(An open-ended scheme replicating/tracking Nifty Total Market Index.)

NOVEMBER 2023

Investment Objective
The investment objective of the scheme is to achieve a return equivalent to the NiftyTotal Market Index-TRI subject to tracking error. This index is diversified
throughout the Indian market across sectors and market caps and aims to benefit from India’s economic growth.

Fund Snapshot Portfolio Top 10 Holdings

Company Name Industry/ Rating % to NAV
Inception Date (Date of Allotment)
25th October, 2023 Equity & Equity Related Holdings
HDFC Bank Limited Banks 8.14%
Benchmark Reliance Industries Limited Petroleum Products 5.60%
Nifty Total Market Index TRI (Total Return Index) ICICI Bank Limited Banks 4.55%
Infosys Limited IT - Software 3.60%
Fund Manager ITC Limited Diversified FMCG 2.67%
Equity - Mr. Anupam Tiwari (Head-Equity) Larsen & Toubro Limited Construction 2.59%
Tata Consultancy Services Limited IT - Software 2.48%
(Managing Fund Since Oct 25, 2023)
Axis Bank Limited Banks 2.06%
Managing the Scheme since Inception
Kotak Mahindra Bank Limited Banks 1.79%
Mr. Madhu Babu(Assistant Fund Manager- Equity) Bharti Airtel Limited Telecom - Services 1.75%
(Managing Fund Since Nov 30, 2023) Others 66.00%
Total Equity & Equity Related Holdings 101.22%
Minimum Investment Amount (for fresh application) Tri Party Repo (TREPs)
For Lumpsum: ` 10/- and in multiples of ` *TREPS/Reverse Repo/Net current assets -1.22%
1/- thereafter Grand Total 100.00%
For SIP: ` 10/- and in multiples of ` 1/-
thereafter
*TREPS : Tri-party repo dealing system

Minimum Additional Investment

` 10/- and in multiples of ` 1/- thereafter Sectoral Allocation (Top 10 Sectors)^#
Load Structure (as % of NAV)
Entry Load: Not Applicable 40.00%
33.74%
Exit Load: Nil 35.00%
Fund Size (as on November 30, 2023) 30.00%
Monthly Average AUM 25.00% 21.23%
` 36.72 Crore
Month End AUM ` 41.35 Crore 20.00%
15.00% 9.84%
Portfolio Details 10.00% 6.41% 5.63% 4.51% 4.38% 4.24% 3.64% 3.25% 3.12%
Top 10 Stocks 35.23% 5.00%
Top 10 Sectors 66.26% 0.00%

Others
Finance
Banks

Automobiles

Power
Construction
Pharmaceuticals &

Consumer Durables
IT - Software

Diversified FMCG
Petroleum Products

Biotechnology

Total Expense Ratio

Direct Plan 0.20%

Regular Plan 1.00%
(Including Additional Expenses and goods and service tax
on management fees.)

NAV of Plans / Options Per Unit

^
Industrywise Classification as recommended by AMFI.
Disclaimer: Fund Manager may or may not have exposure in the above sectors.
#

Regular Plan Direct Plan

Growth ` 10.6777 Growth ` 10.6869 Groww Nifty Total Market Index Fund was lauched on 25th October,2023 and the Scheme has not completed a year.
IDCW ` 10.6778 IDCW ` 10.6869

Data as on 30th November 2023 13

 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 0.1278 10,012.78 0.1301 10,013.01 0.1249 10,012.49
15 days 0.2737 10,027.37 0.2790 10,027.90 0.2645 10,026.45
30 days 0.5469 10,054.69 0.5578 10,055.78 0.6013 10,060.13
1 Year 6.3248 10,632.48 6.7000 10,670.00 6.9666 10,696.66
3 Years 4.5757 11,436.49 4.8199 11,516.79 4.7205 11,484.05
Since Inception 4.3989 12,085.41 4.5748 12,175.30 5.2722 12,536.63

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 0.1334 10,013.34 0.1331 10,013.31 0.1249 10,012.49
15 days 0.2844 10,028.44 0.2904 10,029.04 0.2645 10,026.45
30 days 0.5716 10,057.16 0.5865 10,058.65 0.6013 10,060.13
1 Year 6.7920 10,679.20 7.1171 10,711.71 6.9666 10,696.66
3 Years 4.7879 11,506.23 5.1640 11,630.57 4.7205 11,484.05
5 Years 5.0755 12,810.52 5.4130 13,017.65 5.6260 13,149.81
Since Inception 6.7585 20,425.43 6.7799 20,470.08 6.4029 19,694.67

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 6.0670 10,606.70 7.5606 10,756.06 6.7700 10,677.00
3 Years 4.2892 11,346.66 5.3918 11,711.37 2.9370 10,909.83
5 Years 5.5372 13,094.57 7.1617 14,134.53 5.9614 13,360.02
Since Inception 7.4672 20,874.33 7.8690 21,685.93 6.5833 19,184.96

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 9.2629 10,926.29 7.8334 10,783.34 7.5851 10,758.51
3 Years 14.5991 15,067.13 16.8484 15,974.37 16.2698 15,737.61
5 Years 12.2953 17,862.66 14.0307 19,286.98 14.4554 19,649.11
Since Inception 12.6403 36,676.00 13.3408 39,244.45 13.4158 39,528.88

$Groww Nifty 50 Exchange Traded Fund & Groww Arbitrage Fund has been merge into Groww Large cap Fund with effect from 27 October,
2023.

Data as on 30th November 2023 14

 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 17.0398 11,703.98 13.8354 11,383.54 8.4666 10,846.66
3 Years 19.3759 17,036.57 20.0416 17,323.95 17.1180 16,085.52
5 Years 13.9886 19,251.40 15.8267 20,855.39 14.4516 19,645.82
Since Inception 11.3731 24,273.70 14.6511 30,821.55 13.7824 28,950.73

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 12.9389 11,293.89 13.4433 11,344.33 8.4666 10,846.66
3 Years 17.1849 16,113.17 20.2100 17,397.19 17.1180 16,085.52
5 Years 13.2281 18,617.36 16.0035 21,015.17 14.4516 19,645.82
Since Inception 9.7654 17,370.00 12.9582 20,586.96 13.0394 20,674.82

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 5.5420 10,554.20 7.6960 10,769.60 6.7700 10,677.00
3 Years 4.1897 11,314.11 5.7054 11,816.53 2.9370 10,909.83
Since Inception 6.1566 13,472.57 8.2828 14,873.69 5.7322 13,206.01

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 9.0454 10,904.54 9.7824 10,978.24 8.4666 10,846.66
3 Years 13.8013 14,753.77 13.8785 14,783.92 17.1180 16,085.52
Since Inception 13.0183 18,365.20 13.2078 18,518.74 14.7440 19,800.93

Groww Nifty Total Market Index Fund was lauched on 25th October,2023 and the Scheme has not completed a year.

#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.16 & 17 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 30th November 2023 15

 GROWW PERFORMANCE DISCLOSURE

Disclosure on performance of other schemes managed by the fund manager (Data as on 30th November 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- 6.6902 10,669.02 4.6900 11,474.03 4.9747 12,749.14 6.9604 22,583.79
CRISIL Liquid Debt B-I Index (Benchmark) 2011
7.1171 10,711.71 5.1640 11,630.57 5.4130 13,017.65 6.9490 22,554.87
CRISIL 1 Yr T-Bill Index (Additional Benchmark) 6.9666 10,696.66 4.7205 11,484.05 5.6260 13,149.81 6.5783 21,626.17
Groww Liquid Fund(G)-Direct Plan 31-Dec- 6.7920 10,679.20 4.7879 11,506.23 5.0755 12,810.52 6.7585 20,425.43
2012
CRISIL Liquid Debt B-I Index (Benchmark) 7.1171 10,711.71 5.1640 11,630.57 5.4130 13,017.65 6.7799 20,470.08
CRISIL 1 Yr T-Bill Index (Additional Benchmark) 6.9666 10,696.66 4.7205 11,484.05 5.6260 13,149.81 6.4029 19,694.67
Groww Short Duration Fund(G)-Regular Plan 13-Sep- 4.9660 10,496.60 3.0333 10,940.55 4.2912 12,339.22 6.2065 18,502.96
CRISIL Short Duration Debt B-II Index (Benchmark) 2013
7.5606 10,756.06 5.3918 11,711.37 7.1617 14,134.53 7.8690 21,685.93
CRISIL 10 Year Gilt Index (Additional Benchmark) 6.7700 10,677.00 2.9370 10,909.83 5.9614 13,360.02 6.5833 19,184.96
Groww Short Duration Fund(G)-Direct Plan 13-Sep- 6.0670 10,606.70 4.2892 11,346.66 5.5372 13,094.57 7.4672 20,874.33
2013
CRISIL Short Duration Debt B-II Index (Benchmark) 7.5606 10,756.06 5.3918 11,711.37 7.1617 14,134.53 7.8690 21,685.93
CRISIL 10 Year Gilt Index (Additional Benchmark) 6.7700 10,677.00 2.9370 10,909.83 5.9614 13,360.02 6.5833 19,184.96
Groww Overnight Fund(G)-Regular Plan** 08-Jul- 6.2466 10,624.66 4.4879 11,407.71 NA NA 4.3056 12,037.99
2019
CRISIL Liquid Overnight Index (Benchmark) 6.7000 10,670.00 4.8199 11,516.79 NA NA 4.5748 12,175.30
CRISIL 1 Yr T-Bill Index (Additional Benchmark) 6.9666 10,696.66 4.7205 11,484.05 NA NA 5.2722 12,536.63
Groww Overnight Fund(G)-Direct Plan** 08-Jul- 6.3248 10,632.48 4.5757 11,436.49 NA NA 4.3989 12,085.41
CRISIL Liquid Overnight Index (Benchmark) 2019
6.7000 10,670.00 4.8199 11,516.79 NA NA 4.5748 12,175.30
CRISIL 1 Yr T-Bill Index (Additional Benchmark) 6.9666 10,696.66 4.7205 11,484.05 NA NA 5.2722 12,536.63

Fund
FundManaged
Managedby
by Mr.Anupam
Mr.AnupamTiwari
Tiwari(Equity
(EquityPortion)
Portion)/
Mr.Karan Singh (Debt Portion)
Groww Large Cap Fund(G)-Regular Plan$ 10-Feb- 7.9549 10,795.49 13.0936 14,479.48 10.7747 16,684.92 10.7837 33,520.00
2012
NIFTY100 TRI (Benchmark) 7.8334 10,783.34 16.8484 15,974.37 14.0307 19,286.98 13.4858 44,556.61
S&P BSE Sensex TRI (Additional Benchmark) 7.5851 10,758.51 16.2698 15,737.61 14.4554 19,649.11 13.4379 44,335.13
Groww Large Cap Fund(G)-Direct Plan$ 01-Jan- 9.2629 10,926.29 14.5991 15,067.13 12.2953 17,862.66 12.6403 36,676.00
2013 7.8334 10,783.34 16.8484 15,974.37 14.0307 19,286.98 13.3408 39,244.45
NIFTY100 TRI (Benchmark)
S&P BSE Sensex TRI (Additional Benchmark) 7.5851 10,758.51 16.2698 15,737.61 14.4554 19,649.11 13.4158 39,528.88

Fund Managed by Mr.Kaustubh Sule

Groww Dynamic Bond Fund (G)-Regular Plan** 4.8082 10,480.82 3.5954 11,121.09 NA NA 5.5737 13,107.50
05-Dec-
CRISIL Dynamic Bond B-III Index (Benchmark) 7.6960 10,769.60 5.7054 11,816.53 NA NA 8.2828 14,873.69
2018
CRISIL 10 Year Gilt Index (Additional Benchmark) 6.7700 10,677.00 2.9370 10,909.83 NA NA 5.7322 13,206.01
Groww Dynamic Bond Fund (G)-Direct Plan** 5.5420 10,554.20 4.1897 11,314.11 NA NA 6.1566 13,472.57
CRISIL Dynamic Bond B-III Index (Benchmark) 05-Dec-
7.6960 10,769.60 5.7054 11,816.53 NA NA 8.2828 14,873.69
2018
CRISIL 10 Year Gilt Index (Additional Benchmark) 6.7700 10,677.00 2.9370 10,909.83 NA NA 5.7322 13,206.01

Note:
**Groww Dynamic Bond Fund, Groww Aggressive Hybrid Fund & Groww Overnight Fund are in existence for more than 3 years but less than 5
years
$Groww Nifty 50 Exchange Traded Fund & Groww Arbitrage Fund has been merge into Groww Large cap Fund with effect from 27 October,
2023.
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.

Data as on 30th November 2023 16

 GROWW PERFORMANCE DISCLOSURE

Disclosure on performance of other schemes managed by the fund manager (Data as on 30th November 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- 15.2880 11,528.80 17.1489 16,098.27 12.0099 17,636.68 9.3123 20,814.10
Nifty 500 TRI (Benchmark) 2015 13.8354 11,383.54 20.0416 17,323.95 15.8267 20,855.39 14.6511 30,821.55
NIifty 50 TRI (Additional Benchmark) 8.4666 10,846.66 17.1180 16,085.52 14.4516 19,645.82 13.7824 28,950.73
Groww Value Fund(G)-Direct Plan 08-Sep- 17.0398 11,703.98 19.3759 17,036.57 13.9886 19,251.40 11.3731 24,273.70
Nifty 500 TRI (Benchmark) 2015 13.8354 11,383.54 20.0416 17,323.95 15.8267 20,855.39 14.6511 30,821.55
Niifty 50 TRI (Additional Benchmark) 8.4666 10,846.66 17.1180 16,085.52 14.4516 19,645.82 13.7824 28,950.73
Groww Aggressive Hybrid Fund(G)-Regular Plan** 13-Dec- 12.9389 11,293.89 17.1849 16,113.17 13.2281 18,617.36 9.7654 17,370.00
CRISILHybrid 35+65 - Aggressive Index(Benchmark)2018
13.4433 11,344.33 20.2100 17,397.19 16.0035 21,015.17 12.9582 20,586.96
NIFTY 50 TRI (Additional Benchmark) 8.4666 10,846.66 17.1180 16,085.52 14.4516 19,645.82 13.0394 20,674.82
Groww Aggressive Hybrid Fund (G)-Direct Plan** 13-Dec- 7.8202 10,782.02 11.9923 14,059.45 NA NA 11.0296 16,815.10
CRISILHybrid 35+65 - Aggressive Index Benchmark) 2018
9.7824 10,978.24 13.8785 14,783.92 NA NA 13.2078 18,518.74
NIFTY 50 TRI (Additional Benchmark) 8.4666 10,846.66 17.1180 16,085.52 NA NA 14.7440 19,800.93

Funds Managed by Mr.Anupam Tiwari /Mr. Madhu Babu

Groww ELSS Tax Saver Fund(G)-Regular Plan 7.8202 10,782.02 11.9923 14,059.45 NA NA 11.0296 16,815.10
S&P BSE 500 TRI (Benchmark) 28-Dec-
9.7824 10,978.24 13.8785 14,783.92 NA NA 13.2078 18,518.74
2017
NIFTY 50 TRI (Additional Benchmark) 8.4666 10,846.66 17.1180 16,085.52 NA NA 14.7440 19,800.93
Groww ELSS Tax Saver Fund(G)-Direct Plan 28-Dec- 9.0454 10,904.54 13.8013 14,753.77 NA NA 13.0183 18,365.20
S&P BSE 500 TRI (Benchmark) 2017 9.7824 10,978.24 13.8785 14,783.92 NA NA 13.2078 18,518.74
NIFTY 50 TRI (Additional Benchmark) 8.4666 10,846.66 17.1180 16,085.52 NA NA 14.7440 19,800.93

Note:
**Groww Dynamic Bond Fund, Groww Aggressive Hybrid Fund & Groww Overnight Fund are in existence for more than 3 years but less than 5
years
Groww Total Market Index Fund was launched on 25th October,2023 and the Scheme has not completed a year.
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 Value Fund NIFTY 500 TRI
Groww ELSS Tax Saver Fund S&P BSE 500-TRI
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
Groww Nifty Total Market Index Fund NIFTY Total Market Index TRI

Data as on 30th November 2023 17

 Scheme & Benchmark Riskometer

Scheme Name This product is suitable for investors who are seeking* RiskoMeter Benchmark RiskoMeter
CRISIL Liquid Overnight Index

Groww Overnight Fund Ÿ Short Term savings.

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.

CRISIL Liquid Debt B-I Index

Groww Liquid Fund Ÿ High level of liquidity with commensurate returns over short
term.
Ÿ Through investment in money market & debt securities with
maturity of up to 91 days.
Ÿ Low to Moderate Risk Investors understand that their principal The Benchmark Risk-o-meter is at
will be at Low to Moderate risk Low to Moderate Risk.

CRISIL Short Duration Debt B-II Index

Groww Short Duration Ÿ Stable returns over short term while maintaining liquidity.
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.

CRISIL Dynamic Bond B-III Index

Groww Dynamic Bond Ÿ Dynamic debt scheme investing across duration.
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.

NIFTY 100 - TRI

Groww Large Cap Fund Ÿ Capital appreciation over long-term
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 -

Aggressive Index
Groww Aggressive Ÿ To generate periodic returns and long term capital appreciation
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.

NIFTY 500 TRI

Groww Value Fund Ÿ Capital appreciation and provide long-term Capital growth.
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 30th November 2023 18

 Scheme & Benchmark Riskometer

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

CRISIL Liquid Overnight Index

Groww Overnight Fund Ÿ Short Term savings.

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.

NIFTY Total Market Index - TRI

Groww Nifty Total Market Ÿ Returns commensurate with the performance of Nifty Total
Index Fund Market Index - TRI, subject to tracking error.
Ÿ investors looking to invest in India’s growth potential and
across sectors & market caps in order to benefit from a well
diversified portfolio with long term capital appreciation.
Investors understand that their principal The Benchmark Risk-o-meter is at
Ÿ Very High Risk
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 30th November 2023 19

 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
01-11-2023 1,000 1000.8672 1029.3614 5.2534 5.4835
03-10-2023 1,000 1000.8672 1029.3614 5.9803 6.2589
01-09-2023 1,000 1000.8672 1029.3614 5.6182 5.8595

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
29-11-2023 1,000 1020.0112 1014.1188 7.2464 8.3125
26-10-2023 1,000 1020.0112 1014.1185 2.2835 3.3378
26-09-2023 1,000 1020.0112 1014.1185 4.0397 4.7712

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
29-11-2023 1,000 1006.2426 1006.2825 7.2558 8.4923
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

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
01-11-2023 1,000 1001.7882 1001.7849 5.3647 5.3541
03-10-2023 1,000 1001.0126 1001.0158 5.5784 5.5524
01-09-2023 1,000 1001.7773 1001.7773 5.2683 5.3294

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 30th November 2023 20

NOTES
Groww Asset Management Limited
CIN- U65991KA2008PLC180894
Registered Office
Vaishnavi Tech Park, South Tower, 3rd Floor, Survey No.16/1 and 17/2, Ambalipura Village, Varthur Hobli, Bellandur, Bangalore South,
Bangalore- 560103, Karnataka, India

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: Views expressed herein, involve known and unknown risks and uncertainties that could cause actual results, performance, or
events to differ materially from those expressed or implied herein. Stocks/Sectors/Views should not be construed as an investment advice
or a research report or a recommendation by Groww Mutual Fund (“the Fund”) / Groww Asset Management Limited (AMC) to buy or sell the
stock or any other security. The sector(s) mentioned in this document do not constitute any recommendation of the same and the Fund may
or may not have any future position in these sector(s).There is no assurance of any returns/capital protection/capital guarantee to the
investors in above mentioned Schemes. The investment approach other data mentioned herein are dated and proposed to be followed by
the scheme and the same may change in future depending on market conditions and other factors. The AMC/ trustee/ sponsor / group
companies shall have no responsibility/liability whatsoever for the accuracy or any use or reliance thereof of such information. :

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.

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