A Primer on Groww Nifty Non-Cyclical Consumer Index Fund

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Күн бұрын

👉 Groww Nifty Non-Cyclical Consumer Index Fund is an open-ended scheme tracking Nifty Non-Cyclical Consumer Index-TRI. The NFO Period is from May 2, 2024 - May 16, 2024. To explore and invest visit : www.growwmf.in/mutual-funds/g...
► This is a promotional video
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► Video Chapters:
00:00 Meet the Guest - Mr. Karthik from Groww Mutual Fund
00:41 What is Nifty Non-Cyclical Consumer Index?
01:39 Top Sectors & Constituents
02:48 Why Should One Consider Investing in the Non-Cyclical Consumer Index
04:03 Comparison of Non-Cyclical Consumer Index with the Nifty 50 Index
05:03 Current Valuations
06:13 Why Invest in the Fund?
07:01 Features of Groww Non-Cyclical Consumer Index Fund
#noncyclicalconsumerindex #growwmutualfund #consumerstocks
Disclaimer: I am not a SEBI registered investment advisor or research analyst. I am not registered with PFRDA or IRDA either. The content posted on this platform is purely for educational purposes and none of it constitutes investing or trading advice. Viewers should do their own research and diligence before investing or acting on the information presented. Some of the links I have posted in the video, the description, the comments and other related resources might be affiliate links

Пікірлер: 48

@amlanb1 Ай бұрын

Very useful, i have also started investing in this index but from hdfc amc. And frank opinion: Shankar had explained this 10 times better in his previous video than this fund manager.

@shankarnath Ай бұрын

Thank you! Glad you found it useful

@soam007 Ай бұрын

Hi Amlan, Just to clarify, HDFC non-cyclical consumer fund is not an index fund but an active fund. Groww is the first AMC to come up with this kinda index fund . And undoubtedly Shankar sir is one of the best financial teacher we have in the KZfaq space currently.

@amlanb1 Ай бұрын

@@soam007 good point, realised now

@manojlds Ай бұрын

Thats not an index fund.

@saichander4879 Ай бұрын

Informative

@shankarnath Ай бұрын

Thx!

@akhilbeniki4688 21 күн бұрын

Mr. Fund Manager, why did you not talk about the returns against the NIFTY 50 after 3,5 years?

@80Vikram Ай бұрын

Thanks for the podcast, can you please share historical performance numbers of this particular index ?

@shankarnath Ай бұрын

Most welcome. The historical performance is available in this video: kzfaq.info/get/bejne/kL59p8ik2ty5ioU.html

@ritam378 Ай бұрын

what is the expense ratio ?

@soam007 Ай бұрын

The expense ratio, which includes the total annual operating costs of the fund, is usually not disclosed upfront during the NFO period. (Only max limit is mentioned) SEBI has prescribed maximum limits for the total expense ratio (TER) that can be charged by mutual funds, based on the AUM of the fund Once Mutual fund is listed and AUM is known then AMC will declare the actual expense ratio of the fund. How is it calculated? The actual expense ratio of a fund is calculated by dividing the total expenses incurred by the fund in a year by the average daily net assets (AUM) of the fund for that year This is usually disclosed to investors every 6 months Hope this clears your doubt

@user-zg8hj8dk8x Ай бұрын

@PappuSundaram Ай бұрын

Sir other than LTCG or STCG,equities holdings realised profits need to be declared and paid as per our income slab rate right? If salary is less than 7 lakhs means and after adding profit means I have to pay tax only bcoz of market gains?? Then it is like double taxation right? Pls clarify

@shankarnath Ай бұрын

Sorry, no idea. Kindly consult a tax advisor

@PappuSundaram Ай бұрын

Okay sir thanks anyway

@rameswar_tpt 28 күн бұрын

I have invested 50k lumpsump in this. is it good?

@himanshusingh3163 Ай бұрын

Sir as a new subscriber i want to request for little effort from your side. As i have found your content quality to be superior as compared to other YT channels... Sir, for a long term investment purpose in stocks.. Can you please cover how to average in ups and down during the investment period and when to book profit. Ps: I know i am expecting so much from you. But still with high hopes, awaiting your reply.🤞

@shankarnath Ай бұрын

Hello Himanshu, welcome! I have a video on profit booking, pls have a look: kzfaq.info/get/bejne/b62Kp7mkzJ-sc2w.html

@MrRashidali Ай бұрын

That's great

@TechCoach Ай бұрын

Hi Shankar, the Expense ratio is "Upto 1%" can you please clarify this part ?

@soam007 Ай бұрын

@shankarnath Ай бұрын

Hi. The expense ratio is declared a month or so after the NFO process, hence the scheme has given a maximum limit here.

@TechCoach Ай бұрын

Hi Shankar, Why would someone subscribe to a NFO ( I mean what are the advantages) when some of the details are yet to be confirmed? Do you see any advantage of early adoption then subscribing after couple of months when all the details are clear? ( Keeping long term perspective in mind)

@shankarnath Ай бұрын

@@TechCoach Some do, some don't subscribe via an NFO process. Personally, I am ok applying via an NFO for an index fund because the larger details like performance, portfolio, investing style, methodology etc. is already available to us for many years (e.g. I explained the performance of the Nifty Non-Cyclical Consumer Index Fund since 2006 in the my previous video). Plus the expense ratio is not going to be much, I'll say around 0.50%. So it's OK to go via NFO and it's also OK to apply post NFO -- I don't think there is any need to over-think here. Only in case of actively-managed funds, I prefer to give the scheme a few months before buying units as I'd like to know the finer details esp. the style of investing and portfolio.

@saikrishna4661 Ай бұрын

can someOne please answer, if a mutual fund can raise the expense ratio after some period of time or it should be fixed while its launches its NFO?

@sarvan55 Ай бұрын

It will increase over a period of time.

@shankarnath Ай бұрын

Expense ratio increases and decreases over time

@saiprashaanth2463 Ай бұрын

Shankar ji Talk about the nifty midsmall cap 400 momentum quality 100 etf fof by mirae asset

@saiprashaanth2463 Ай бұрын

They are claiming this index to beat actively managed mid cap funds over a 10 yr period Is that true??

@shankarnath Ай бұрын

Thanks for the suggestion. I'm not surprised .. the last 10 years have been really good for momentum factor as I've explained in a few of my previous videos

@soam007 Ай бұрын

Hey Sai, you can do some number crunching using the historical data of this index (you can get from NSE site) . Just like Shankar sir did with Nifty200Momentum30 fund in his video. This will give you a relative comparison - which momentum index works well. Maybe combination of different momentum index works well (in certain ratio). It will be great if You can share your insights on this.

@sunil.shegaonkar1 Ай бұрын

Hello shankar nath, I have one question but don't have any convincing answer, but it may be simple for you. I hope, you will take few minutes to explain. Only Few companies I have seen have the valuation metrics of P/B in negative. What does that mean? Does it mean that company has no real asset but is standing on short term and long term loans? And how did this company reach here ? Is it because of accumulated losses piling year after year? Please comment. thanks

@shankarnath Ай бұрын

A negative PB ratio indicates that a company has more liabilities than assets. This is rare but if it happens, it suggests that the company might be going bankrupt

@mandarp9472 Ай бұрын

Sir, please do an episode on legendary Fund manager Jim Simons who passed away recently.

@shankarnath Ай бұрын

Thanks for the suggestion

@hellothere637 Ай бұрын

Expense ration nahi bataya, please tell

@user-gk6oz8xd9o Ай бұрын

HDFC non-cyclical expense ratio: 1.17%,

@karth12399 Ай бұрын

Sir can you give some information for NRI folks

@shankarnath Ай бұрын

Hello, what information do NRI folks need?

@wishful1018 Ай бұрын

The manager suggested to consult a financial advisor multiple times in the short video. I don't have one. In other words, I am not investing in this one!

@karth12399 Ай бұрын

I am your follower sir and watch all your videos It helps me to take financial decision Have a request sir, just curious to know your investment portfolio I am not interested to know the fund you allocated but kind of mutual fund and fund house you invested and with percentage allocation

@shankarnath Ай бұрын

You can watch my video on long-term investing to understand my investment portfolio allocation -- kzfaq.info/get/bejne/mLRlhMepvpm2hqc.html

@saikrishna4661 10 күн бұрын

I see the expence ratio of Groww non cyclical index fund is 0. Is that real what am I seeing ! How come a mutual fund on earth have 0 expense ratio!

@atorbfire Ай бұрын

Groww is not a good company. Even people in good positions there hv told me. Personally also i had the opportunity to interact with their pathetic customer support. Its really bad.

@soam007 Ай бұрын

I generally prefer large AUM based AMCs for my long term investment as they are more trust worthy like HDFC, ICICI, SBI. That's why I'm still hesitating to invest in this NFO. No doubt this index is good for long term. Hopefully other AMC will launch this index soon 🤞🏻

@sanjuktakashyap8172 Ай бұрын

Grow is good. It has a very good interface and i personally would recommend it to others. All my investments are in Grow, in fact I was using other platforms for my sip but I have transferred all my funds to Grow. It's been 3 years of my investment journey with Grow and I have never faced any problem.

@shankarnath Ай бұрын

It's important to make a distinction here between Groww app and Groww Mutual Fund. The Groww app is a financial products platform with MF, stocks, UPI and more. Groww mutual fund is relatively new and is into fund management. Please don't mix one with the other, lots of differences. This particular video/content is specific to Groww Mutual Fund