Groww Large Cap Fund vs Groww Multicap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Groww Large Cap Fund is a Large Cap fund and Groww Multicap Fund is a Multi Cap fund. In the year to 30-10-2026, Groww Large Cap Fund (Direct) returned −5.9% and Groww Multicap Fund (Direct) returned 10.3%. Groww Large Cap Fund charges 1.69% a year and Groww Multicap Fund 1.04% (Direct plans). Their portfolios overlap 28.0%: they hold 27 of the same securities.
Which is better, Groww Large Cap or Groww Multicap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Groww Multicap returned more over 1 year: 10.3% against −5.9%.
- Groww Multicap costs less: 1.04% a year against 1.69% (Direct plans).
- Groww Large Cap fell less in its worst fall since 18-12-2024: −13.5% against −16.5%.
- Groww Large Cap holds more in large companies: 80.5% of the fund in large caps against 27.0%.
- Groww Multicap is the larger fund: ₹1,687 Cr against ₹133 Cr.
- Their portfolios overlap 28.0%: 27 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Groww Large Cap Fund | Groww Multicap Fund |
|---|---|---|
| Fund house | Groww Mutual Fund | Groww Mutual Fund |
| Category | Large Cap | Multi Cap |
| AUM | ₹133 Cr (30-09-2026) | ₹1,687 Cr (30-09-2026) |
| NAV | ₹50.22 (Direct) | ₹11.94 (Direct) |
| Expense ratio (Direct) | 1.69% | 1.04% |
| Expense ratio (Regular) | 2.71% | 2.69% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | NIFTY 500 Multicap 50:25:25 Total Return Index |
| Launch date | Not available | 16-12-2024 |
| Minimum investment | Not available | ₹500 |
| Lock in | Not available | None |
| Fund managers | Not available | Anupam Tiwari, Saptarshee Chatterjee, Gagan Thareja, Nikhil Satam |
| Exit load | Not available | 1% if redeemed/ switched out within 1 year from the date of allotment. b) NIL, if redeemed/ switched out after 1 year from the date of allotment |
Groww Large Cap vs Groww Multicap: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Groww Large Cap Fund (Direct) | +1.15% | −4.00% | −0.87% | −5.90% | +10.59% | +8.20% | +11.00% |
| Groww Multicap Fund (Direct) | −3.15% | −0.06% | +7.02% | +10.28% | -- | -- | -- |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | +10.38% | +8.23% | +11.81% |
| Multi Cap average | −2.65% | −3.95% | +1.99% | −1.14% | -- | -- | -- |
Category average: the average of the 35 Large Cap funds and the 33 Multi Cap funds, same plan type.
Groww Large Cap vs Groww Multicap: Year-wise Returns
| Year | Large CapGroww Large Cap | MulticapGroww Multicap |
|---|---|---|
| 2026to date | −6.01% | +10.15% |
| 2025 | +8.95% | +9.04% |
| 2024 | +14.21% | -- |
| 2023 | +23.75% | -- |
| 2022 | +5.86% | -- |
| 2021 | +19.07% | -- |
Groww Large Cap vs Groww Multicap: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of Groww Large Cap Fund
Rolling returns
Every 1-year holding period, 212 of them, one for each trading day from 18-12-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Groww Large Cap Fund (Direct)
Groww Multicap Fund (Direct)
Nifty 100 TRI
to
Jan 2026Mar 2025
to
Mar 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Groww Large Cap | 23.6 | 37.3 | 17.5 | 14.2 | 7.5 | 0.0 | 0.0 | 4.4% | 2.9% | −8.8% | 19.5% | 93% |
| Groww Multicap | 0.0 | 0.0 | 12.3 | 26.9 | 32.5 | 25.0 | 3.3 | 16.5% | 16.3% | 6.9% | 26.6% | 95% |
| Nifty 100 TRI | 46.2 | 21.7 | 15.1 | 16.0 | 0.9 | 0.0 | 0.0 | 2.2% | 0.6% | −10.5% | 15.3% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 100 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 18-12-2024. Past returns do not promise future returns.
Groww Large Cap vs Groww Multicap: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-12-2024 to 30-10-2026: 23 instalments, ₹2,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Groww Large CapGroww Large Cap Fund (Direct) | ₹2,30,000 | ₹2,29,504 | −₹496 | −0.2% |
| Groww MulticapGroww Multicap Fund (Direct) | ₹2,30,000 | ₹2,63,535 | ₹33,535 | 14.4% |
Groww Large CapGroww Large Cap Fund (Direct)
Groww MulticapGroww Multicap Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Groww Large Cap vs Groww Multicap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Large Cap Fund (Direct) | Groww Multicap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.90% | +10.28% |
| Standard deviation | 14.02% | 16.54% |
| Sharpe ratio | -0.80 | 0.30 |
| Sortino ratio | -1.09 | 0.43 |
| Maximum drawdown | −13.5% (31-03-2026) | −12.1% (23-03-2026) |
| Beta | 0.99 | 1.05 |
| Alpha | +2.66% | +16.89% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Groww Large Cap Fund (Direct) | Groww Multicap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.76% | +9.90% |
| Standard deviation | 15.90% | 15.48% |
| Sharpe ratio | 0.36 | 0.28 |
| Sortino ratio | 0.49 | 0.39 |
| Maximum drawdown | −36.6% (23-03-2020) | −16.5% (03-03-2025) |
| Beta | 0.97 | 0.98 |
| Alpha | −0.06% | +11.31% |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Groww Large Cap Fund (Direct)
Groww Multicap Fund (Direct)
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Large Cap Fund (Direct) | −13.5% | 02-01-2026 | 31-03-2026 | Not yet | -- | −7.0% |
| Groww Multicap Fund (Direct) | −16.5% | 02-01-2025 | 03-03-2025 | 05-06-2025 | 3 months | −6.5% |
| Nifty 100 TRI | −14.9% | 02-01-2026 | 30-03-2026 | Not yet | -- | −10.1% |
From daily values since 18-12-2024, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Groww Large Cap Fund (Direct)
Groww Multicap Fund (Direct)
Nifty 100 TRI
Against Nifty 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Groww Large Cap Fund (Direct) | 107% | 100% | 3.09% |
| Groww Multicap Fund (Direct) | 137% | 82% | 10.52% |
From month-end values since 18-12-2024. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Groww Large Cap vs Groww Multicap: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Large Cap Fund, September 2026; Groww Multicap Fund, September 2026
Holdings in common
- Overlap
- 28.0%
- Held by both
- 27
- Only in Groww Large Cap
- 18
- Only in Groww Multicap
- 54
| Security | % of Groww Large Cap | % of Groww Multicap |
|---|---|---|
| Bharti Airtel Limited | 4.72% | 2.66% |
| Mahindra & Mahindra Limited | 2.59% | 2.34% |
| Hyundai Motor India Limited | 2.06% | 2.72% |
| Larsen & Toubro Limited | 7.03% | 1.75% |
| Shriram Finance Limited | 2.35% | 1.39% |
| Cummins India Limited | 3.28% | 1.33% |
| Bharat Electronics Limited | 2.25% | 1.29% |
| Vedanta Aluminium Metal Limited | 1.17% | 1.21% |
| LG Electronics India Limited | 1.30% | 1.09% |
| ICICI Bank Limited | 8.64% | 1.09% |
| Trent Limited | 1.17% | 1.06% |
| ICICI Prudential AMC Ltd | 1.37% | 1.05% |
| BSE Ltd | 1.04% | 1.27% |
| State Bank of India | 3.01% | 1.03% |
| Divi's Laboratories Limited | 0.99% | 1.00% |
| GE Vernova T&D India Limited | 0.98% | 1.50% |
| Eicher Motors Limited | 0.92% | 2.00% |
| Ashok Leyland Limited | 0.90% | 2.49% |
| Bajaj Finance Limited | 3.42% | 0.81% |
| Dr. Reddy's Laboratories Limited | 1.14% | 0.70% |
| Samvardhana Motherson International Ltd | 2.71% | 0.66% |
| Cholamandalam Invest & Finance Co Ltd | 2.50% | 0.42% |
| JK Cement Limited | 0.88% | 0.32% |
| Infosys Limited | 1.33% | 0.28% |
| Bajaj Auto Limited | 1.56% | 0.23% |
| National Stock Exchange of India Limited | 0.93% | 0.22% |
| SBI Funds Management Ltd | 0.69% | 0.16% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 28.0% means 28.0% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Groww Large Cap Fund
| Security | % of fund |
|---|---|
| HDFC Bank Limited | 5.85% |
| Eternal Limited | 2.64% |
| Tech Mahindra Limited | 2.34% |
| Axis Bank Limited | 2.30% |
| Torrent Pharmaceuticals Limited | 2.27% |
Largest holdings only in Groww Multicap Fund
| Security | % of fund |
|---|---|
| Manipal Payment Identity Solutions Ltd | 3.43% |
| TD Power Systems Limited | 3.07% |
| Ujjivan Small Finance Bank Limited | 2.95% |
| OnEMI Technology Solutions Limited | 2.55% |
| Kanohar Electricals Limited | 2.42% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Groww Large Cap | Groww Multicap |
|---|---|---|
| Equity | 88.9% | 96.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 11.1% | 4.0% |
Market cap of stocks
| Market cap | Groww Large Cap | Groww Multicap |
|---|---|---|
| Large Cap | 80.5% | 27.0% |
| Mid Cap | 6.7% | 26.9% |
| Small Cap | 0.0% | 29.8% |
| Not on AMFI's list | 1.6% | 12.3% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Groww Large Cap | Groww Multicap |
|---|---|---|
| Banks | 21.4% | 6.1% |
| Electrical Equipment | 1.0% | 10.6% |
| Automobiles | 7.1% | 10.1% |
| Auto Components | 3.4% | 10.0% |
| Finance | 8.3% | 9.3% |
| Construction | 7.0% | 1.8% |
| Capital Markets | 4.0% | 6.1% |
| Telecom - Services | 4.7% | 2.7% |
| Pharmaceuticals & Biotechnology | 4.4% | 4.4% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Large Cap vs Groww Multicap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Large Cap Fund | Groww Multicap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.69% | 1.04% |
| Base expense ratio (Direct) | 1.18% | 0.33% |
| Total expense ratio (Regular) | 2.71% | 2.69% |
| Base expense ratio (Regular) | 2.09% | 1.78% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Groww Large Cap with
Groww Large Cap Fund vs Groww Multicap Fund: Frequently Asked Questions
What is the difference between Groww Large Cap Fund and Groww Multicap Fund?
Groww Large Cap Fund is a Large Cap fund, Groww Multicap Fund is a Multi Cap fund, run by Groww Mutual Fund. Their portfolios overlap 28.0%. Groww Large Cap Fund charges 1.69% a year and Groww Multicap Fund 1.04%.
Which has given higher returns, Groww Large Cap Fund or Groww Multicap Fund?
Over 1 year: Groww Large Cap Fund −5.90%, Groww Multicap Fund +10.28%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Groww Large Cap Fund or Groww Multicap Fund?
Groww Multicap Fund charges less: 1.04% a year against 1.69%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Groww Large Cap Fund and Groww Multicap Fund overlap?
28.0%. They hold 27 of the same securities, the largest shared ones being BHARTIARTL, M&M, HYUNDAI. From each fund's latest monthly portfolio.
Can I invest in both Groww Large Cap Fund and Groww Multicap Fund?
Yes. 28.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.