Groww Value Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Groww Value Fund Direct Growth Plan is at a NAV of ₹32.7152 as of 10 Sep 2026, with scheme AUM of ₹74 Cr. Its 1-year, 3-year and 5-year returns are 1.42%, 12.64% and 11.47% respectively. The fund sits in the High Risk category, so it suits investors who can tolerate sharp swings and who are comfortable with equity-driven outcomes over time.

Our view is that the fund has delivered a steadier longer-term pattern than its latest 1-year reading suggests, but the recent stretch has been uneven. The portfolio is built around large financials, telecom and industrial names, with a meaningful cash-like allocation as well, so the fund may work better as a long-horizon equity holding than as a short-cycle return seeker.

Quick facts

Particular	Details
NAV	₹32.7152 as of 10 Sep 2026
AUM	₹74 Cr
Expense Ratio	0.9%
Launch Date	07 Sep 2015
Min SIP	₹500
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Equity
Exit Load	1% on or before 1Y, Nil after 1Y
Fund Managers	Anupam Tiwari, Saptarshee Chatterjee, Gagan Thareja, Nikhil Satam

The fund is managed by Anupam Tiwari, Saptarshee Chatterjee, Gagan Thareja and Nikhil Satam.

Source data date: as of 10 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-2.8%	-4.06%
3M	3.63%	1.37%
1Y	1.42%	-7.31%
3Y	12.64%	6.07%
5Y	11.47%	5.91%

The most recent 1-month and 3-month pattern suggests a choppy phase rather than a smooth rise. The fund slipped over 1 month, then recovered over 3 months, which tells us the path has been volatile even when the end result is positive over the shorter window.

The 1-year return is modest, but it still sits above the benchmark’s negative 1-year return. That gap matters because it shows the fund protected capital better than the index over the same period, even though the absolute 1-year gain was not strong.

Over 3 years and 5 years, the picture is more constructive. The fund has stayed ahead of the benchmark in both periods, and the difference is wide enough to suggest the strategy has added value over a full market cycle rather than only in a single rebound phase.

At the same time, the recent softness warns us not to treat the 3-year and 5-year numbers as a straight-line pattern. Our reading is that the fund has been capable of producing better medium-term compounding than the index, but the ride can be uneven and short-term results may diverge from the longer-term trend.

Source data date: as of 10 Sep 2026

Should you BUY or HOLD Groww Value?

A fund's past returns alone don't tell you whether you should buy it today or continue holding it.

The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.

Already holding Groww Value? Thinking of investing now?

Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium

Peer comparison

Fund	1Y return	3Y return	5Y return
Groww Value Fund Direct Growth Plan	1.42%	12.64%	11.47%
LIC MF Value Fund Direct Growth Plan	21.21%	17.07%	14.05%
Quant Value Fund Direct Growth Plan	20.34%	20.15%	Data not available
Aditya Birla SL Value Fund Direct Growth Plan	14.57%	14.62%	14.85%
Mahindra Manulife Value Fund Direct Growth Plan	13.08%	Data not available	Data not available
Axis Value Fund Direct Growth Plan	10.15%	18.09%	Data not available

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On a 1-year view, the fund trails the stronger peer returns by a wide margin, with several peers showing materially higher gains. That short-term gap is important because it shows the fund has not participated as strongly in the most recent run.

The longer-term comparison is more balanced. Its 3-year return is below the best peer readings but still above some available peers, while its 5-year return is also behind the stronger five-year figures but remains ahead of the benchmark and comparable to a few peer outcomes that are available. The short-term and longer-term stories are therefore different: the fund looks weaker on the latest window, but not weak across every horizon.

Source data date: as of 10 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
HDFC Bank Limited	Bank	6.75%
ICICI Bank Limited	Bank	5.28%
Reliance Industries Limited	Crude Oil	4.59%
Bharti Airtel Limited	Telecom	4.54%
State Bank of India	Bank	4.43%
TREPS 01-Sep-2026	Cash & Cash Equivalents and Net Assets	3.99%
Larsen & Toubro Limited	Infrastructure	3.3%
Yatharth Hospital & Trauma Care Serv Ltd	Healthcare	3.25%
Net Receivable/Payable	Cash & Cash Equivalents and Net Assets	3.2%
Axis Bank Limited	Bank	3.18%

The largest holding, HDFC Bank Limited, is 6.75%, which is a meaningful single-stock position but not an overwhelming one. The drop from the first to the tenth holding is fairly gradual, ending at 3.18%, so the visible holdings do not show a sharp cliff between the top names and the rest.

The top 10 holdings account for approximately 42.51% of the portfolio, which suggests the fund has a noticeable core position set rather than an extremely concentrated book. Because the scheme discloses 54 holdings in total, the remaining exposure is spread across a longer tail that may soften the influence of any single position.

That mix means the fund is likely to have greater influence from its banking names, while telecom, infrastructure, healthcare and cash-like positions may contribute in a more measured way. Our reading is that the portfolio is reasonably diversified at the visible level, but the top holdings still matter enough to shape the fund’s near-term behaviour.

To see all holdings, visit the Groww Value Fund Direct Growth Plan page

Source data date: as of 10 Sep 2026

Who should invest

This fund suits investors with a high tolerance for equity volatility and a long enough horizon to let the strategy work through uneven stretches. The 1-year result is soft, but the 3-year and 5-year numbers are stronger and remain ahead of the benchmark, so the fund looks more appropriate for patient investors than for those seeking steady near-term gains.

The main trade-off is that you may have to accept short-term inconsistency in exchange for a better longer-term pattern than the index. The portfolio also leans heavily into large financial names, so investors who want a simple, low-volatility profile may find the ride uncomfortable, while those comfortable with a concentrated equity core may see the approach as acceptable.

Tax and exit load

Holding period	Tax rate	Description
Units held less than 1 year	20%	Short-term capital gains tax
Units held more than 1 year	12.5%	Long-term capital gains tax

Exit load: 1% on or before 1Y, Nil after 1Y.

Source data date: as of 10 Sep 2026

Frequently asked questions

What is the current NAV of Groww Value Fund Direct Growth Plan?
Its NAV is ₹32.7152 as of 10 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s returns are 1.42% over 1 year, 12.64% over 3 years and 11.47% over 5 years.

How does it compare with the benchmark?
It has outpaced the Nifty 50 over 3 years and 5 years, and it also held up better than the benchmark over 1 year.

Which peer fund has the strongest 1-year return among the listed peers?
LIC MF Value Fund Direct Growth Plan has the strongest listed 1-year return at 21.21%.

What is the minimum SIP amount?
The minimum SIP amount is ₹500.

Who manages the fund and what is the exit load?
The fund is managed by Anupam Tiwari, Saptarshee Chatterjee, Gagan Thareja and Nikhil Satam. The exit load is 1% on or before 1 year, and nil after 1 year.

Bottom line

Groww Value Fund Direct Growth Plan shows a mixed near-term picture but a firmer medium- to long-term trend. It has stayed ahead of the benchmark over 3 and 5 years, while the latest 1-year result is much softer than the better peers in the comparison set. The fund carries a High Risk label and its portfolio is anchored by banking and other large-cap names, so it may suit investors who can accept volatility in exchange for a longer-term equity outcome.

Published on 11 September 2026 at 5:45 PM IST

Explore mutual funds with Univest

Review mutual fund data, compare performance and explore fund insights on Univest.

Explore Univest

RIA disclosure

Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.