Groww Large Cap Fund
The fund maintains a heavily financials-anchored portfolio with over half its capital concentrated in the top ten holdings, positioning for stability rather than growth. The manager has tactically trimmed IT and infrastructure exposure while adding short-term liquidity through a money market instrument, signaling a cautious near-term outlook amid the recent monthly decline. The slight defensive tilt—elevated cash and exits from high-growth names like Swiggy—suggests conviction that large-cap banks and industrials offer better risk-adjusted returns in the current environment.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹50.2600 | -2.54% | — | — | — |
| Regular Growth | ₹41.4600 | -2.65% | -1.19% | +11.33% | +11.00% |
Portfolio Metrics(latest month)
vs Category Peers
Balanced ApproachActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Britannia Industries Limited | 1.01% |
| TREPS 04-MAY-2026 | 5.05% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Larsen & Toubro Limited INE018A01030 | 8.17% |
| 2 | HDFC Bank Limited INE040A01034 | 7.99% |
| 3 | ICICI Bank Limited INE090A01021 | 7.87% |
| 4 | State Bank of India INE062A01020 | 5.12% |
| 5 | TREPS 04-MAY-2026 INTREP040526 | 5.05% |
| 6 | Bharti Airtel Limited INE397D01024 | 4.30% |
| 7 | Cummins India Limited INE298A01020 | 3.78% |
| 8 | Bajaj Finance Limited INE296A01032 | 3.23% |
| 9 | Mahindra & Mahindra Limited INE101A01026 | 2.83% |
| 10 | Infosys Limited INE009A01021 | 2.81% |
| 11 | Bharat Electronics Limited INE263A01024 | 2.59% |
| 12 | Cholamandalam Invest & Finance Co Ltd INE121A01024 | 2.51% |
| 13 | Axis Bank Limited INE238A01034 | 2.48% |
| 14 | Kotak Mahindra Bank Limited INE237A01036 | 2.37% |
| 15 | UltraTech Cement Limited INE481G01011 | 2.35% |
| 16 | Net Receivable/Payable | 2.29% |
| 17 | Avenue Supermarts Limited INE192R01011 | 2.15% |
| 18 | Eternal Limited INE758T01015 | 2.12% |
| 19 | Torrent Pharmaceuticals Limited INE685A01028 | 2.06% |
| 20 | SBI Life Insurance Company Limited INE123W01016 | 1.86% |
Sector Allocation
Frequently Asked Questions
How many stocks does Groww Large Cap Fund hold?
Groww Large Cap Fund holds 41 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 33.46% of NAV.
What is the largest holding in Groww Large Cap Fund?
The largest position in Groww Large Cap Fund is Larsen & Toubro Limited, accounting for 8.17% of NAV.
Is Groww Large Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.403, Groww Large Cap Fund is well-diversified. The HHI concentration index is 35,931 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 33.46% of the portfolio.
What is the market cap allocation of Groww Large Cap Fund?
Based on SEBI's AMFI classification, Groww Large Cap Fund's equity portfolio is split as: Large Cap: 86.01%, Mid Cap: 2.47%, Small Cap: 0.50%. This reflects the fund's positioning within the market cap spectrum.
How actively managed is Groww Large Cap Fund compared to other Large Cap Fund funds?
Groww Large Cap Fund has an Active Share of 40.14%, classifying it as "Balanced Approach" among 33 Large Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Groww Large Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Groww Large Cap Fund added 2 new stocks (including Britannia Industries Limited) and exited 4 stocks (including Reliance Industries Limited). Total holding count decreased from 45 to 43 stocks.