Fundalysisby DARKHORSESTOCKS

Scheme

IB49 Groww Multi Asset Allocation Fund

Holds 69 companies worth ₹249 Cr in Sept 2026.

  • Fund house

    GROWWThe fund house that runs this scheme.

  • AUM

    ₹373 CrIB49 Groww Multi Asset Allocation Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 4.4% on Aug 2026, ₹390 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 4.0% of this scheme's NAV.

  • Fund manager

    Paras MataliaRuns it since 30 Sept 2025, as the fund house dates it. With Kaustubh Sule (fund manager), Wilfred Gonsalves (fund manager), Nikhil Satam (co-manager).

Overview(7 Oct 2026)

Fund managers4

  1. Paras MataliaFund manager, equity · Sept 2025 · 8y · CA CFA B.Com
  2. Kaustubh SuleFund manager, debt · Sept 2025 · 18y · MBA B.E.
  3. Wilfred GonsalvesFund manager, debt · Sept 2025 · 7y · CA B.Com
  4. Nikhil SatamCo-manager · Nov 2025 · 11y · B.Com

    Key facts

    Benchmark
    Nifty 500 TRI (60%) CRISIL Composite Bond Fund Index (30%) Domestic Gold Prices (5%) Domestic Silver Prices (5%)
    Risk
    Very high
    Expense
    Regular 2.66% · Direct 1%
    Exit load
    1% within 30 days
    Started
    30 Sept 2025
    Minimum
    ₹500

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

    What changed(10 changes)

    Aug 2026

    1 change
    1. Expense ratio
      30 AugRegular 2.68% → 2.66%Direct 0.89% → 1.01%

    Jul 2026

    1 change
    1. Expense ratio
      31 JulRegular 2.74% → 2.68%Direct 0.95% → 0.89%

    Jun 2026

    1 change
    1. Expense ratio
      30 JunRegular 2.8% → 2.74%Direct 1% → 0.95%

    Source.Its filings at NSE, since Oct 2025.

    Fund managers over time(Sept 2025 – now)

    1. Paras Matalia
    2. Kaustubh Sule
    3. Wilfred Gonsalves
    4. Nikhil Satam
    MainCoSlice2026
    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(Jan 2026 – Oct 2026)

    Every change to the expense ratio, newest first.
    7 changesRegularDirectΔ pt
    30 Aug 20262.66%1.01%0.12
    31 Jul 20262.68%0.89%0.06
    30 Jun 20262.74%0.95%0.05
    31 May 20262.80%1.00%0.10
    9 May 20262.69%0.90%0.41
    9 Mar 20262.31%0.49%0.03
    7 Jan 20262.28%0.46%–
    Direct plan, 30 Aug 2026
    1.01%
    Regular plan 2.66% · Exit load 1% within 30 days
    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, Debt & Money market instruments, Commodities and in units of REITs & InvITs. However, there can be no assurance that the investment objective of the scheme will be achieved.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    Multi Asset
    Benchmark
    Nifty 500 TRI (60%) CRISIL Composite Bond Fund Index (30%) Domestic Gold Prices (5%) Domestic Silver Prices (5%)

    Asset allocation it may hold% of NAV

    1. Equity & Equity related instruments
      Allowed10–80%Holds66.9%
    2. Traded Commodity Derivatives (ETCDs)
      Allowed10–50%Holds0.0%
    3. REITs and InvITs
      Allowed0–10%Holds0.0%

    Holds in Sept 2026.66.9% equity · 33.1% debt and cash

    How to invest(7 Oct 2026)

    Buying

    To start
    ₹500, then re.1
    To add
    ₹500, then re.1
    Most
    Any Amount
    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 - Every Business Day/Monday to Friday/Monthly & Quarterly-2,8,15,23 SWP - 2,8,15,23
    Minimum
    SIP - 100, 100, 500, 500 STP - 500, 500, 500, 500 SWP - 500, 1500, then re.1
    Instalments
    "SIP - 180, 24,12, 4 STP - 6,6,6,6 SWP - 12, 4"

    Selling and switching

    To redeem
    ₹500 or Re.1 units
    Switch minimum
    ₹500
    Switch multiples
    Re.1
    Switch most
    Any Amount

    Scheme details(7 Oct 2026)

    What it is

    Category
    Hybrid Schemes > Multi Asset
    Offer
    10 Sept 2025 to 24 Sept 2025
    Started
    30 Sept 2025
    Reopened
    3 Oct 2025
    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

    Custodian
    HDFC Bank Ltd.
    Auditor
    S.R. Batliboi & Co. LLP
    Registrar
    KFin Technologies Limited
    SEBI code
    GROW/O/E /MAA/25/07/0041