Groww Large Cap Fund
Direct · GrowthAI Summary
Groww Large Cap Fund has consistently outperformed the NIFTY 50 across all periods from 1Y to 15Y, with alpha ranging from 0.77% (10Y) to 4.94% (1Y). Its 3Y SIP XIRR of 13.89% slightly exceeds the category average of 13.97%, while its 1Y XIRR of 8.44% beats the category's 7.72%; however, over 5Y to 12Y it trails the category average by roughly 0.4-1.0 percentage point. The 1Y lump-sum CAGR of -5.9% versus the benchmark's -10.92% demonstrates strong relative performance in a weak market.
The fund shows a 1Y maximum drawdown of just -0.37% with a quick 67-day decline but a longer 233-day recovery, and 10 drawdown events exceeding 10% indicate exposure to typical large-cap volatility. Downside capture is consistently below 100% (93.92%-95.81% across horizons), meaning it falls less than the NIFTY 50 in down markets, while near-normal beta (0.96-1.00) keeps it closely tracking the index. Calmar ratios of 0.34-0.39 across horizons reflect moderate risk-adjusted returns that are stable over time.
No individual holdings or sector allocation data was provided in this dataset, so portfolio composition cannot be assessed in detail. As a Large Cap Fund subcategory product, it is expected to primarily hold India's largest listed companies with some flexibility in index positioning. Investors should review the current factsheet on groww.in to evaluate top stock and sector concentrations.
Against the Large Cap category, the fund is marginally behind on longer-horizon SIP XIRR (13.27% over 10Y vs the category's 14.23%) and essentially in line over 3Y (13.89% vs 13.97%). Its calendar year returns show good consistency, with only modest downside years like 2026 (-6.34%), 2018 (0.73%), and 2013 (3.24%) amid strong years such as 2017 (35.32%) and 2014 (30.25%). The persistent alpha in both rising and falling markets positions it as a solid relative performer against the NIFTY 50, though not a category leader.
This fund suits conservative-to-moderate investors seeking steady large-cap exposure with better-than-index downside protection, ideally with a 5-7 year horizon to allow SIP compounding to work. The expense ratio of 1.26% for a Direct plan is relatively high for a large-cap passive-tracking strategy and warrants comparison with cheaper index funds. It is appropriate for core portfolio allocation, not for investors seeking aggressive mid/small-cap upside.
- Outperformed NIFTY 50 across every horizon from 1Y to 15Y, with alpha of 4.94% over 1Y and 4.19% over 3Y
- Superior downside capture (below 100% across all periods) limits losses in weak markets
- Consistent calendar-year returns with few deeply negative years, showing steady compounding
- Expense ratio of 1.26% for a Direct large-cap plan is high relative to low-cost index alternatives
- Long-term SIP XIRR lags category averages by 0.4-1.0 percentage points over 5Y, 7Y, 10Y, and 12Y
- 10 drawdown events exceeding 10% confirm the fund remains fully exposed to large-cap market volatility despite reduced downside capture
Generated on 03-11-2026, 4:42 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.71 L | 14.7% | -56.5% | 72.6% |
| 3 Years | ₹36.00 L | ₹43.70 L | 13.1% | -19.6% | 28.4% |
| 5 Years | ₹60.00 L | ₹82.51 L | 13.0% | -6.3% | 23.7% |
| 7 Years | ₹84.00 L | ₹1.31 Cr | 12.8% | -0.2% | 19.4% |
| 10 Years | ₹1.20 Cr | ₹2.37 Cr | 13.2% | 10.1% | 16.8% |
| 12 Years | ₹1.44 Cr | ₹3.30 Cr | 12.9% | 10.5% | 15.1% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 14.7% | 14.3% | 7.7% | +0.4% |
| 3 Years | 13.1% | 11.0% | 13.9% | +2.1% |
| 5 Years | 13.0% | 10.4% | 14.3% | +2.6% |
| 7 Years | 12.8% | 10.6% | 14.0% | +2.2% |
| 10 Years | 13.2% | 11.4% | 14.2% | +1.8% |
| 12 Years | 12.9% | 11.3% | 13.8% | +1.5% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 14.1% | 11.6% | -29.9% | 75.8% | 0.51 | 1.36 | 86% | — | — |
| 3 Years | 13.4% | 14.1% | -4.0% | 26.7% | 1.58 | 5.51 | 99% | — | — |
| 5 Years | 13.0% | 13.2% | 1.4% | 23.5% | 1.90 | 17.87 | 100% | — | — |
| 10 Years | 13.2% | 13.2% | 10.6% | 15.3% | 6.34 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +4.79 | 0.98 | 99.6% | 94.2% | 2.7% | -2.2% |
| 3 Years | +3.65 | 0.99 | 100.2% | 95.6% | 12.8% | 9.2% |
| 5 Years | +2.60 | 0.99 | 98.7% | 95.5% | 9.5% | 6.9% |
| 7 Years | +0.94 | 0.96 | 96.9% | 95.8% | 12.2% | 11.5% |
| 10 Years | +1.27 | 0.96 | 96.8% | 95.5% | 13.1% | 12.1% |
| 12 Years | +2.20 | 0.97 | 97.3% | 94.7% | 11.7% | 9.6% |
| 15 Years | +1.46 | 0.96 | 96.7% | 94.7% | 11.4% | 10.1% |