Groww Multi Asset Allocation Fund
Other options
The page shows the Growth option. The Regular plan’s other options have their own codes.
| Option | AMFI code | ISIN |
|---|---|---|
| Growth (this page) | 153851 | INF666M01MD3 |
| IDCW | 153850 | INF666M01MF8, INF666M01ME1 |
Multi Asset Allocation Fund
Groww Mutual Fund
Open-ended. Launched on 30 Sep 2025.
- NAV
- Data delayed
- AssetsAssets The market value of everything the scheme holds, less what it owes, as the fund house discloses it at each month-end.
- ₹373 cr
- 30 Sep 2026
- BenchmarkBenchmark The market index the fund house names in the SID as the measure the scheme is compared against.
- CRISIL Composite Bond Index; Domestic Price of Gold; NIFTY 500 Total Return Index; Domestic Price of Silver
- as the SID names it
- Riskometer
- Very High
- read by Felix on 28 Oct 2026
The fund house also offers a Direct plan of this scheme, whose expenses are lower to the extent of the distribution commission.
Assets: the fund house’s month-end disclosure of 30 Sep 2026. Benchmark: the SID.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
1 change in the last 12 months: Nikhil Satam became a fund manager, 21 Nov 2025. See what changed
What it is
SEBI’s rule for a Multi Asset Allocation Fund: at least three asset classes, with at least 10% in each. Source: SEBI
What the SID allows it to holdSID Scheme information document: the scheme’s offer document, which sets out its objective, asset allocation, risks and expenses.
Source: the SID’s asset allocation, from fund house disclosures.
Riskometer
The risk of the scheme is Very High
As read by Felix on 28 Oct 2026. Fund houses review this level every month, and the fund house’s latest disclosure prevails.
- Low
- Low to Moderate
- Moderate
- Moderately High
- High
- Very High
Benchmark: CRISIL Composite Bond Index and Domestic Price of Gold and NIFTY 500 Total Return Index and Domestic Price of Silver. Its riskometer is published monthly by the fund house.
Source: fund houses’ disclosures.
Who runs it
Kaustubh Sulesince 10 Sep 2025
Fund manager, debt
Also manages Groww Aggressive Hybrid Fund, Groww Dynamic Term Fund, Groww Gilt Fund, Groww Gold ETF FOF, Groww Liquid Fund, Groww Money Market Fund, Groww Overnight Fund, Groww Short Term Fund, Groww Silver ETF FoF
Nikhil Satamsince 21 Nov 2025
Assistant fund manager
Also manages Groww Aggressive Hybrid Fund, Groww Banking & Financial Services Fund, Groww BSE Hospitals ETF FoF, Groww BSE Power ETF FOF, Groww ELSS Tax Saver Fund, Groww Large Cap Fund, Groww Multicap Fund, Groww Nifty 200 ETF FoF, Groww Nifty 50 Index Fund, Groww Nifty 500 Momentum 50 ETF FoF, Groww Nifty Capital Markets ETF FoF, Groww Nifty EV & New Age Automotive ETF FoF, Groww Nifty India Defence ETF FoF, Groww Nifty India Internet ETF FoF, Groww Nifty India Railways PSU Index Fund, Groww Nifty Midcap 150 Index Fund, Groww Nifty Next 50 Index Fund, Groww Nifty Non-Cyclical Consumer Index Fund, Groww Nifty Private Bank Index Fund, Groww Nifty PSE ETF FOF, Groww Nifty PSU Bank Index Fund, Groww Nifty Smallcap 250 Index Fund, Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund, Groww Nifty Total Market Index Fund, Groww Small Cap Fund, Groww Value Fund
Paras Mataliasince 10 Sep 2025
Fund manager, equity
Also manages Groww Aggressive Hybrid Fund, Groww Arbitrage Fund, Groww ELSS Tax Saver Fund, Groww Multi Asset Omni FoF
Wilfred Peter Gonsalvessince 10 Sep 2025
Fund manager, debt
Also manages Groww Aggressive Hybrid Fund, Groww Arbitrage Fund, Groww Dynamic Term Fund, Groww Gilt Fund, Groww Gold ETF FOF, Groww Liquid Fund, Groww Money Market Fund, Groww Multi Asset Omni FoF, Groww Overnight Fund, Groww Short Term Fund, Groww Silver ETF FoF
Bars on one scale, from the scheme’s launch. Other schemes A to Z. Source: fund house disclosures, as of 28 Oct 2026.
Codes and identity
from the SID and AMFI- Fund house
- Groww Mutual Fund
- SEBI category
- Multi Asset Allocation Fund
- Plan and option
- Regular plan – Growth
- Structure
- Open-ended
- Launched
- 30 Sep 2025
- AMFI code, Growth
- 153851
- ISIN, Growth
- INF666M01MD3
- IDCW INF666M01MF8, INF666M01ME1
- Registrar
- KFin Tech
ISINs of the IDCW options
Groww Mutual Fund
Groww Mutual Fund runs 37 schemes in their Regular plan: 6 equity, 6 debt, 3 hybrid, 10 index funds and ETFs, 12 other.
9 fund managers, in their current schemes for 1 year 1 month on average.
11 schemes launched in the last 12 months.
- All 37 schemes
- Registrar: KFin Tech
Source: fund houses’ disclosures, as of 28 Oct 2026.
Buying and selling
- Entry load
- Nil, since 1 Aug 2009
- Stamp duty
- 0.005% of the amount invested, since 1 Jul 2020
- Applicable NAV
- That business day’s, when the application and the money reach the fund house by the 3 pm cut-off; after it, the next business day’s
- Redemption money
- Within 3 working days of the redemption request
Sources: SEBI for the entry load, cut-off and redemption timeline; Ministry of Finance for stamp duty.
The category: Multi Asset Allocation Fund
All 37 schemesSchemes 9 to 18 of 37, A to Z; this scheme is marked.Schemes 12 to 16 of 37, A to Z; this scheme is marked.
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Canara Robeco Multi Asset Allocation Fund | BSE 200 Total Return Index | 1,369 | Not reported | 2025 |
| Capitalmind Multi Asset Allocation Fund | NIFTY 500 Total Return Index | 37 | Not reported | 2026 |
| DSP Multi Asset Allocation Fund | MSCI ACWI | 10,820 | 100 | 2023 |
| Edelweiss Multi Asset Allocation Fund | CRISIL Short-Term Bond Index | 2,961 | 100 | 2023 |
| Franklin India Multi Asset Allocation Fund | Domestic Price of Gold | 2,767 | Not reported | 2025 |
| Groww Multi Asset Allocation Fund | CRISIL Composite Bond Index | 373 | Not reported | 2025 |
| HDFC Multi Asset Allocation Fund | NIFTY 50 Total Return Index | 5,782 | 100 | 2005 |
| HSBC Multi Asset Allocation Fund | Domestic Price of Gold | 3,141 | 500 | 2024 |
| ICICI Prudential Multi Asset Allocation Fund | Domestic Price of Gold | 84,108 | 100 | 2002 |
| Invesco India Multi Asset Allocation Fund | CRISIL 10-Year Gilt | 1,213 | 100 | 2024 |
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Edelweiss Multi Asset Allocation Fund | CRISIL Short-Term Bond Index | 2,961 | 100 | 2023 |
| Franklin India Multi Asset Allocation Fund | Domestic Price of Gold | 2,767 | Not reported | 2025 |
| Groww Multi Asset Allocation Fund | CRISIL Composite Bond Index | 373 | Not reported | 2025 |
| HDFC Multi Asset Allocation Fund | NIFTY 50 Total Return Index | 5,782 | 100 | 2005 |
| HSBC Multi Asset Allocation Fund | Domestic Price of Gold | 3,141 | 500 | 2024 |
Show all 37 schemes
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| 360 ONE Multi Asset Allocation Fund | BSE 500 Total Return Index | 521 | Not reported | 2025 |
| Aditya Birla Sun Life Multi Asset Allocation Fund | CRISIL Short-Term Bond Index | 7,478 | 100 | 2023 |
| AlphaGrep Multi Asset Allocation Fund | NIFTY 200 Total Return Index | 116 | Not reported | 2026 |
| Axis Multi Asset Allocation Fund | Domestic Price of Gold | 2,616 | 100 | 2010 |
| Bajaj Finserv Multi Asset Allocation Fund | NIFTY 50 Total Return Index | 1,913 | 500 | 2024 |
| Bandhan Multi Asset Allocation Fund | Domestic Price of Gold | 3,684 | 100 | 2024 |
| Bank of India Multi Asset Allocation Fund | NIFTY 500 Total Return Index | 369 | 1,000 | 2024 |
| Baroda BNP Paribas Multi Asset Fund | Domestic Price of Gold | 1,398 | 250 | 2022 |
| Canara Robeco Multi Asset Allocation Fund | BSE 200 Total Return Index | 1,369 | Not reported | 2025 |
| Capitalmind Multi Asset Allocation Fund | NIFTY 500 Total Return Index | 37 | Not reported | 2026 |
| DSP Multi Asset Allocation Fund | MSCI ACWI | 10,820 | 100 | 2023 |
| Edelweiss Multi Asset Allocation Fund | CRISIL Short-Term Bond Index | 2,961 | 100 | 2023 |
| Franklin India Multi Asset Allocation Fund | Domestic Price of Gold | 2,767 | Not reported | 2025 |
| Groww Multi Asset Allocation Fund | CRISIL Composite Bond Index | 373 | Not reported | 2025 |
| HDFC Multi Asset Allocation Fund | NIFTY 50 Total Return Index | 5,782 | 100 | 2005 |
| HSBC Multi Asset Allocation Fund | Domestic Price of Gold | 3,141 | 500 | 2024 |
| ICICI Prudential Multi Asset Allocation Fund | Domestic Price of Gold | 84,108 | 100 | 2002 |
| Invesco India Multi Asset Allocation Fund | CRISIL 10-Year Gilt | 1,213 | 100 | 2024 |
| ITI Multi Asset Allocation Fund | CRISIL Composite Bond Index | 144 | Not reported | 2026 |
| JM Multi Asset Allocation Fund | CRISIL Short-Term Bond Index | 167 | Not reported | 2026 |
| Kotak Multi Asset Allocation Fund | Domestic Price of Gold | 15,236 | 100 | 2023 |
| LIC MF Multi Asset Allocation Fund | Domestic Price of Gold | 966 | 200 | 2025 |
| Mahindra Manulife Multi Asset Allocation Fund | CRISIL Composite Bond Index | 1,214 | 500 | 2024 |
| Mirae Asset Multi Asset Allocation Fund | Domestic Price of Gold | 3,607 | 99 | 2024 |
| Nippon India Multi Asset Allocation Fund | CRISIL Short-Term Bond Index | 18,044 | 100 | 2020 |
| PGIM India Multi Asset Allocation Fund | CRISIL Short-Term Bond Index | 324 | Not reported | 2025 |
| Quant Multi Asset Allocation Fund | CRISIL Short-Term Bond Index | 6,608 | 1,000 | 2001 |
| Quantum Multi Asset Allocation Fund | NIFTY 50 Total Return Index | 54 | 500 | 2024 |
| Samco Multi Asset Allocation Fund | NIFTY 50 Total Return Index | 380 | 250 | 2024 |
| SBI Multi Asset Allocation Fund | CRISIL Composite Bond Index | 21,044 | 500 | 2005 |
| Shriram Multi Asset Allocation Fund | NIFTY 50 Total Return Index | 140 | 500 | 2023 |
| Sundaram Multi Asset Allocation Fund | Domestic Price of Gold | 3,205 | 100 | 2024 |
| Tata Multi Asset Allocation Fund | CRISIL Short-Term Bond Index | 5,000 | 100 | 2020 |
| The Wealth Company Multi Asset Allocation Fund | Domestic Price of Gold | 212 | Not reported | 2025 |
| Union Multi Asset Allocation Fund | NIFTY 50 Total Return Index | 989 | 500 | 2024 |
| UTI Multi Asset Allocation Fund | CRISIL Composite Bond Index | 6,634 | 500 | 2008 |
| WhiteOak Capital Multi Asset Allocation Fund | CRISIL Short-Term Bond Index | 9,717 | 100 | 2023 |
Regular plan – Growth for every scheme. Source: fund houses’ disclosures; assets at month-end 30 Sep 2026; SIP minimums as read by Felix on 28 Oct 2026; benchmarks as each SID names them.
What changed
- 21 Nov 2025Nikhil Satam became a fund manager
- 3 Oct 2025Re-opened for everyday purchases
- 30 Sep 2025Launched
- 24 Sep 2025NFO closed
- 10 Sep 2025NFO opened
Source: fund house disclosures and SEBI.
Documents
KIM Key information memorandum: the short summary of the SID that comes with every application form.Groww Mutual Fund publishes the scheme’s documents on its website:
- Scheme information document (SID)
- Key information memorandum (KIM)
- Monthly factsheet
- Monthly portfolio disclosure
Felix links to the fund house’s own copies and never copies them.
Questions about this fund
Who manages it, and since when?
Kaustubh Sule, since 10 Sep 2025 (Fund manager, debt); Paras Matalia, since 10 Sep 2025 (Fund manager, equity); Wilfred Peter Gonsalves, since 10 Sep 2025 (Fund manager, debt); Nikhil Satam, since 21 Nov 2025 (Assistant fund manager). Source: Groww Mutual Fund’s disclosures.
What is its benchmark?
CRISIL Composite Bond Index; Domestic Price of Gold; NIFTY 500 Total Return Index; Domestic Price of Silver, as the SID names it. Felix shows the benchmark by name only.
When was it launched, and what was it called before?
It was launched on 30 Sep 2025.
How do I invest in it?
Read the SID and KIM on Groww Mutual Fund’s website first. A mutual fund distributor can place your application in this scheme’s Regular plan. Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission.
What does “Regular plan – Growth” mean?
The Regular plan is the one bought through a distributor; its expenses include the distributor’s commission. In the Growth option, gains stay in the NAV and nothing is paid out.
Where are its documents?
On Groww Mutual Fund’s website: the scheme information document (SID), the key information memorandum (KIM) and the monthly factsheet.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Data on this page
| Block | Source | For |
|---|---|---|
| Assets | Fund houses’ disclosures, at month-end | 30 Sep 2026 |
| Riskometer | Fund houses’ disclosures, as read by Felix | 28 Oct 2026 |
| Asset allocation | The SID, from fund house disclosures | 28 Oct 2026 |
| Fund managers | Fund house disclosures | 28 Oct 2026 |
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