Groww Multi Asset Allocation Fund

Groww Mutual FundHybridPortfolio as of 31 July 2026

Groww Multi Asset Allocation Fund holds 100 instruments (71.01% equity), led by HDFC Bank Limited (4.3%), ICICI Bank Limited (4%) and Mahindra & Mahindra Limited (3.34%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings

100

Equity Allocation

71.01%

AMC

Groww Mutual Fund

Portfolio Analysis

Groww Multi Asset Allocation Fund's top 10 holdings account for 26.05% of its portfolio, more diversified than the Hybrid category average of 28.9%. Financial Services is its largest sector exposure at 24.46% of net assets, spread across 13 sectors in total. Since its 30 June 2026 disclosure, the fund added 5 new positions and exited 4 positions, with Max Healthcare Institute Limited seeing the largest move (-0.79pp to 0.35%).

Top 10 Equity Holdings

HDFC Bank Limited · 4.3%ICICI Bank Limited · 4%Mahindra & Mahindra Limited · 3.34%Reliance Industries Limited · 3.1%Bharti Airtel Limited · 2.44%Bajaj Finance Limited · 2.15%Larsen & Toubro Limited · 1.96%State Bank of India · 1.92%The Federal Bank Limited · 1.44%Infosys Limited · 1.4%

What Changed: June 2026 → July 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

5 new entries4 exits10 increased6 reduced

New Entries

TATA CONSUMER PRODUCTS LIMITED · 1.03%NMDC Limited · 0.64%Adani Enterprises Limited · 0.56%ETERNAL LIMITED · 0.46%Marico Limited · 0.26%

Complete Exits

Dr. Reddy's Laboratories Limited · was 1.13%Lupin Limited · was 1.06%Swiggy Limited · was 0.5%APL Apollo Tubes Limited · was 0.24%

Biggest Weight Increases

Stock	Weight	Change
ICICI Bank Limited	3.49% → 4%	▲ +0.51
Infosys Limited	1.05% → 1.4%	▲ +0.35
Mahindra & Mahindra Limited	3% → 3.34%	▲ +0.34
Bajaj Finance Limited	1.81% → 2.15%	▲ +0.34
Tata Consultancy Services Limited	0.67% → 0.99%	▲ +0.32
Bharti Airtel Limited	2.19% → 2.44%	▲ +0.25
TVS Motor Company Limited	0.76% → 0.99%	▲ +0.23
Persistent Systems Limited	0.56% → 0.75%	▲ +0.19
Hero MotoCorp Limited	1.02% → 1.2%	▲ +0.18
The Federal Bank Limited	1.27% → 1.44%	▲ +0.17

Biggest Weight Reductions

Stock	Weight	Change
Max Healthcare Institute Limited	1.14% → 0.35%	▼ -0.79
Titan Company Limited	1.49% → 0.85%	▼ -0.64
Cipla Limited	0.94% → 0.58%	▼ -0.36
The Phoenix Mills Limited	0.63% → 0.51%	▼ -0.12
Kotak Mahindra Bank Limited	1.34% → 1.23%	▼ -0.11
Suzlon Energy Limited	0.67% → 0.57%	▼ -0.1

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).

HDFC Bank Limited

4.3%

ICICI Bank Limited

Mahindra & Mahindra Limited

3.34%

Reliance Industries Limited

3.1%

Bharti Airtel Limited

2.44%

Full Portfolio (100 holdings)

#	Holding	Sector	% to NAV
1	Groww Gold ETFmf	—	13.23%
2	Net Receivable/Payableother	—	8.03%
3	TREPS_RED_03.08.2026other	—	7.89%
4	HDFC Bank Limited	Financial Services	4.3%
5	ICICI Bank Limited	Financial Services	4%
6	Mahindra & Mahindra Limited	Consumer Discretionary	3.34%
7	Reliance Industries Limited	Energy	3.1%
8	Bharti Airtel Limited	Telecommunication	2.44%
9	Bajaj Finance Limited	Financial Services	2.15%
10	Larsen & Toubro Limited	Industrials	1.96%
11	State Bank of India	Financial Services	1.92%
12	Nippon India Silver ETFmf	—	1.65%
13	The Federal Bank Limited	Financial Services	1.44%
14	Infosys Limited	Information Technology	1.4%
15	Ashok Leyland Limited	Industrials	1.37%
16	Kotak Mahindra Bank Limited	Financial Services	1.23%
17	Hero MotoCorp Limited	Consumer Discretionary	1.2%
18	Bharat Forge Limited	Consumer Discretionary	1.16%
19	ITC Limited	Consumer Staples	1.13%
20	Yes Bank Limited	Financial Services	1.08%
21	Axis Bank Limited	Financial Services	1.08%
22	TATA CONSUMER PRODUCTS LIMITED	Consumer Staples	1.03%
23	AU Small Finance Bank Limited	Financial Services	1.01%
24	Tata Steel Limited	Materials	0.99%
25	Hindalco Industries Limited	Materials	0.99%
26	TVS Motor Company Limited	Consumer Discretionary	0.99%
27	Tata Consultancy Services Limited	Information Technology	0.99%
28	Multi Commodity Exchange of India Limited	Financial Services	0.97%
29	FSN E-Commerce Ventures Limited	Consumer Discretionary	0.92%
30	Maruti Suzuki India Limited	Consumer Discretionary	0.91%
31	The Indian Hotels Company Limited	Consumer Discretionary	0.9%
32	InterGlobe Aviation Limited	Services	0.87%
33	Laurus Labs Limited	Healthcare	0.87%
34	Sun Pharmaceutical Industries Limited	Healthcare	0.85%
35	Indus Towers Limited	Telecommunication	0.85%
36	Titan Company Limited	Consumer Discretionary	0.85%
37	IndusInd Bank Limited	Financial Services	0.81%
38	Aurobindo Pharma Limited	Healthcare	0.77%
39	JSW Steel Limited	Materials	0.77%
40	Vedanta Limited	Materials	0.75%
41	Persistent Systems Limited	Information Technology	0.75%
42	Grasim Industries Limited	Materials	0.74%
43	One 97 Communications Limited	Financial Services	0.74%
44	NTPC Limited	Utilities	0.73%
45	UltraTech Cement Limited	Materials	0.73%
46	Navin Fluorine International Limited	Materials	0.72%
47	National Aluminium Company Limited	Materials	0.71%
48	Canara Bankbond	—	0.7%
49	BSE Limited	Financial Services	0.7%
50	Steel Authority of India Limited	Materials	0.7%
51	Bajaj Auto Limited	Consumer Discretionary	0.7%
52	PB Fintech Limited	Financial Services	0.68%
53	Godrej Consumer Products Limited	Consumer Staples	0.67%
54	Groww Silver ETFmf	—	0.67%
55	UPL Limited	Materials	0.66%
56	Power Finance Corporation Limited	Financial Services	0.65%
57	NMDC Limited	Materials	0.64%
58	Fortis Healthcare Limited	Healthcare	0.64%
59	Hindustan Unilever Limited	Consumer Staples	0.63%
60	Small Industries Development Bank of Indiabond	—	0.63%
61	Cipla Limited	Healthcare	0.58%
62	Suzlon Energy Limited	Industrials	0.57%
63	Adani Enterprises Limited	Materials	0.56%
64	Adani Ports and Special Economic Zone Limited	Services	0.55%
65	ICICI Lombard General Insurance Company Limited	Financial Services	0.55%
66	Vedanta Aluminium Metal Limited	Diversified	0.55%
67	Shriram Finance Limited	Financial Services	0.54%
68	DLF Limited	Real Estate	0.54%
69	Max Financial Services Limited	Financial Services	0.52%
70	Kotak Mahindra Prime Limitedbond	—	0.52%
71	The Phoenix Mills Limited	Real Estate	0.51%
72	Nippon India ETF Gold BeESmf	—	0.47%
73	ETERNAL LIMITED	Consumer Discretionary	0.46%
74	7.98% Bajaj Housing Finance Limited 2026bond	—	0.44%
75	MINDSPACE BUSINESS PARKS REI	Real Estate	0.37%
76	Max Healthcare Institute Limited	Healthcare	0.35%
77	KNOWLEDGE REALTY TRUST	Real Estate	0.33%
78	Marico Limited	Consumer Staples	0.26%
79	Crompton Greaves Consumer Electricals Limited	Consumer Discretionary	0.24%
80	Bank of Baroda^bond	—	0.13%
81	Punjab National Bank	Financial Services	0.07%
82	Hindustan Petroleum Corporation Limited	Energy	0.05%
83	Vedanta Oil and Gas Limited	Diversified	0.04%
84	Vedanta Power Limited	Diversified	0.04%
85	United Spirits Limited	Consumer Staples	0.04%
86	Vedanta Iron and Steel Limited	Diversified	0.04%
87	Tata Motors Passenger Vehicles Limited	Consumer Discretionary	0.04%
88	SBI Life Insurance Company Limited	Financial Services	0.02%
89	Godrej Properties Limited	Real Estate	0.01%
90	SBI Life Insurance Company Limitedother	—	-0.02%
91	Adani Port & Special Economic Zone Ltdother	—	-0.02%
92	Hindustan Unilever Limitedother	—	-0.05%
93	Punjab National Bankother	—	-0.07%
94	Indus Towers Limitedother	—	-0.14%
95	Crompton Greaves Consumer Electrical Ltdother	—	-0.23%
96	ITC Limitedother	—	-0.28%
97	DLF Limitedother	—	-0.54%
98	Bajaj Finance Limitedother	—	-1.07%
99	Yes Bank Ltdother	—	-1.09%
100	Mahindra & Mahindra Limitedother	—	-1.83%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, HDFC Bank Limited is 4.3% of Groww Multi Asset Allocation Fund's net assets — its number 1 holding.

Yes. As of its 31 July 2026 disclosure, ICICI Bank Limited is 4% of Groww Multi Asset Allocation Fund's net assets — its number 2 holding.

Yes. As of its 31 July 2026 disclosure, Mahindra & Mahindra Limited is 3.34% of Groww Multi Asset Allocation Fund's net assets — its number 3 holding.

Yes. As of its 31 July 2026 disclosure, Reliance Industries Limited is 3.1% of Groww Multi Asset Allocation Fund's net assets — its number 4 holding.

Yes. As of its 31 July 2026 disclosure, Bharti Airtel Limited is 2.44% of Groww Multi Asset Allocation Fund's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: Groww Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.