Fundalysisby DARKHORSESTOCKS

Scheme

IB29 Groww Multicap Fund

Holds 81 companies worth ₹1,620 Cr in Sept 2026.

  • Fund house

    GROWWThe fund house that runs this scheme.

  • AUM

    ₹1,687 CrIB29 Groww Multicap Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Up 14.3% on Aug 2026, ₹1,476 Cr.

  • Largest holding

    Manipal Payment and Identity Solutions LtdManipal Payment and Identity Solutions Ltd is 3.4% of this scheme's NAV.

  • Fund manager

    Saptarshee ChatterjeeRuns its co-manager part since 24 Sept 2025, as the fund house dates it. With Gagan Thareja (co-manager), Nikhil Satam (co-manager).

Overview(7 Oct 2026)

Fund managers3

  1. Saptarshee ChatterjeeCo-manager, equity · Sept 2025 · 11y · PGDM B.E.
  2. Gagan TharejaCo-manager, equity · Jan 2026
  3. Nikhil SatamCo-manager, equity · Jul 2026 · 11y · B.Com
  1. Anupam TiwariDec 2024 – Sept 2026

Key facts

Benchmark
Nifty 500 Multicap 50:25:25 Index - Total Return Index
Risk
Very High
Expense
Regular 2.7% · Direct 1.05%
Exit load
1% within 1 year
Started
16 Dec 2024
Minimum
₹500

Source.Its Scheme Summary Document as of 7 Oct 2026 at AMFI.

What changed(13 changes)

Sept 2026

1 change
  1. Anupam Tiwari left
    30 Septran it as co-manager (equity) from Dec 2024

Aug 2026

1 change
  1. Expense ratio
    30 AugRegular 2.78% → 2.75%Direct 0.94% → 1.05%

Jul 2026

2 changes
  1. Nikhil Satam joined
    31 Julas co-manager (equity)
  2. Expense ratio
    31 JulRegular 2.82% → 2.78%Direct 0.98% → 0.94%

Source.Its filings at NSE, since Dec 2024.

Fund managers over time(Dec 2024 – now)

  1. Saptarshee Chatterjee
  2. Gagan Thareja
  3. Nikhil Satam
  4. Anupam Tiwari
MainCoSlice20252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Mar 2025 – Oct 2026)

Every change to the expense ratio, newest first.
7 changesRegularDirectΔ pt
30 Aug 20262.75%1.05%0.11
31 Jul 20262.78%0.94%0.04
30 Jun 20262.82%0.98%0.11
31 May 20262.93%1.09%0.09
9 May 20262.84%1.00%0.49
9 Mar 20262.36%0.51%0.06
7 Mar 20252.30%0.45%–
Direct plan, 30 Aug 2026
1.05%
Regular plan 2.75% · Exit load 1% within 1 year
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(7 Oct 2026)

Objective

To achieve long-term capital appreciation by predominantly investing in equity and equity-related instruments of large, mid and small-cap companies. However, there can be no assurance that the investment objective of the scheme will be realised.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open ended equity scheme investing across large cap, mid cap, small cap stocks
Benchmark
Nifty 500 Multicap 50:25:25 Index - Total Return Index

Asset allocation it may hold% of NAV

  1. Equity & Equity related instruments across large, mid and small cap companies
    Allowed75–100%
  2. Equity & Equity relatedinstruments of Large Capcompanies
    Allowed25–50%
  3. Equity & Equity related instruments of Mid Capcompanies
    Allowed25–50%
  4. Equity & Equity relatedinstruments of Small Capcompanies
    Allowed25–50%
  5. Debt & Money market instruments
    Allowed0–25%Holds4.0%
  6. REITs and InvITs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.96.0% equity · 4.0% debt and cash

How to invest(7 Oct 2026)

Buying

To start
₹500, then re.1
To add
₹100, then re.1
Most
₹99,99,99,999
Systematic
SIP - Daily, Weekly, Monthly, Quarterly STP - Daily, Weekly, Monthly, Quarterly SWP - Monthly, Quarterly
Dates
SIP - Daily- Every Business Day/ Weekly-1st, 8th, 15th, & 22nd/Monthly & Quarterly-Any day between 1st to 28th STP - Daily - Every Business Day/Every Friday/Monthly & Quarterly-2,8,15,23 , Weekly - STPs can be initiated on any day from Monday to Friday, as per investor’s choice.If no day is selected, the default day will be Friday.If the STP date falls on a holiday, the transaction will be processed on the next working day. Monthly - Any date ( 1 to 28),Quarterly - Any date ( 1 to 28) & SWP - In case no date is selected by the investor, the default SWP date will be the 15th of every month.If 15th is a holiday, the SWP will be processed on the next business day.
Minimum
SIP - 100,100,500,500 ; STP-500,500,500,500 ; SWP : 500,1500, then re.1
Instalments
SIP - 180, 24,12, 4, Choti SIP - 60 STP - 6,6,6,6 SWP - 12, 4 Note - 1. Choti SIP shall be offered only under Growth option of the Schemes. 2. The mode of payment/investment for Choti SIP shall be restricted to NACH and UPI auto pay only.

Selling and switching

To redeem
₹500 or 1 units
Switch minimum
₹500
Switch multiples
Re.1
Switch most
₹99,99,99,999

Scheme details(7 Oct 2026)

What it is

Category
Equity oriented Scheme
Offer
26 Nov 2024 to 10 Dec 2024
Started
16 Dec 2024
Reopened
18 Dec 2024
Plans
DIRECT PLAN-GROWTH OPTION · DIRECT PLAN-IDCW PAYOUT OPTION · DIRECT PLAN-IDCW REINVESTMENT OPTION · REGULAR PLAN-GROWTH OPTION · REGULAR PLAN-IDCW PAYOUT OPTION · REGULAR PLAN-IDCW REINVESTMENT OPTION
Face value
₹10
Listed
No

How it is run

Side-pocketing
No
Custodian
HDFC Bank Ltd.
Auditor
S.R. Batliboi & Co. LLP
Registrar
KFin Technologies Limited
SEBI code
GROW/O/E /MCF/24/09/0022