Lowest-fee Growth KiwiSaver scheme funds
68 Growth KiwiSaver scheme funds in our coverage, with annual fees ranging from 0.24% to 1.62% (median 1.04%).
KiwiSaver scheme funds classified as Growth (typically 70-90% growth assets).
General Information Only: This page provides factual data for comparison purposes and does not constitute financial advice. Individual circumstances vary.Read our disclosure
Ranked by annual fee (lowest first)
| # | Fund | Scheme | Annual fee | 1y return | 5y avg | Fund size |
|---|---|---|---|---|---|---|
| 1 | Growth Fund | Simplicity | 0.24% | 16.36% | 7.23% | $3109M |
| 2 | Aggressive Fund | SuperEasy | 0.32% | 11.72% | 7.51% | $47M |
| 3 | Growth Fund | SuperEasy | 0.32% | 8.91% | 4.83% | $42M |
| 4 | Investnow Foundation Series Growth Fund | Fundrock | 0.38% | No 1-year return figure held for this fund. | No 5-year average return figure held for this fund. | $8M |
| 5 | BNZ Kiwisaver Growth Fund | BNZ | 0.45% | 15.66% | 6.81% | $2180M |
| 6 | Investnow Smartshares Growth Fund | Fundrock | 0.51% | No 1-year return figure held for this fund. | No 5-year average return figure held. Recorded fund start date 5 July 2021 is less than five years before March 2026. | $9M |
| 7 | Automatic Fund (Age 40) | SuperEasy | 0.51% | No 1-year return figure held for this fund. | 8.08% | $4M |
| 8 | Growth Fund | Westpac | 0.55% | No 1-year return figure held for this fund. | 6.56% | $3358M |
| 9 | Balanced Fund | Smartshares | 0.60% | 13.34% | 5.20% | $92M |
| 10 | Growth Fund | Smartshares | 0.61% | 17.10% | 6.74% | $93M |
| 11 | Superlife Age Steps - Age 30 | Smartshares | 0.62% | 17.18% | 6.67% | $5M |
| 12 | Superlife Age Steps - Age 40 | Smartshares | 0.62% | 17.18% | 6.67% | $10M |
| 13 | Quaystreet High Growth Fund | Smartshares | 0.63% | 11.57% | No 5-year average return figure held. Recorded fund start date 19 April 2024 is less than five years before March 2026. | $839M |
| 14 | Balanced Fund | ASB | 0.65% | No 1-year return figure held for this fund. | 5.71% | $4564M |
| 15 | Pie Kiwisaver Growth Fund | Pie | 0.68% | 16.63% | 2.59% | $436M |
| 16 | Growth Fund | ASB | 0.70% | No 1-year return figure held for this fund. | 7.50% | $6869M |
| 17 | Superlife Age Steps - Age 50 | Smartshares | 0.71% | 9.73% | 5.12% | $19M |
| 18 | Superlife Growth Fund | Smartshares | 0.71% | 10.10% | 5.50% | $81M |
| 19 | Growth Strategy | Koura | 0.73% | 21.57% | No 5-year average return figure held. Recorded fund start date 15 April 2024 is less than five years before March 2026. | $1M |
| 20 | Growth Portfolio | Maritime | 0.75% | 6.03% | No 5-year average return figure held. Recorded fund start date 1 October 2021 is less than five years before March 2026. | $2M |
| 21 | Growth Fund | Consilium | 0.75% | No 1-year return figure held. Recorded fund start date 15 April 2025 is less than one year before March 2026. | No 5-year average return figure held. Recorded fund start date 15 April 2025 is less than five years before March 2026. | $7M |
| 22 | Growth Fund | Mercer | 0.79% | 16.07% | 5.14% | $63M |
| 23 | Sustainable Growth Fund | Mercer | 0.84% | No 1-year return figure held for this fund. | 7.04% | $290M |
| 24 | AMP Growth Fund | AMP | 0.85% | No 1-year return figure held for this fund. | No 5-year average return figure held for this fund. | $1349M |
| 25 | AMP Growth Fund (Lifesteps) | AMP | 0.85% | 11.31% | 5.90% | $244M |
| 26 | Summer Growth Selection | Summer | 0.89% | 10.51% | 4.80% | $117M |
| 27 | Balanced Growth Fund | ANZ | 0.92% | No 1-year return figure held for this fund. | 5.37% | $3980M |
| 28 | Balanced Growth Fund | ANZ | 0.92% | No 1-year return figure held for this fund. | 5.37% | $590M |
| 29 | Growth Fund | ANZ | 0.96% | No 1-year return figure held for this fund. | 6.58% | $5424M |
| 30 | Growth Fund | ANZ | 0.96% | No 1-year return figure held for this fund. | 6.58% | $607M |
| 31 | Growth Fund | MAS | 0.98% | No 1-year return figure held for this fund. | 7.10% | $525M |
| 32 | Investnow Fisher Funds Growth Fund | Fundrock | 1.02% | 1.16% | No 5-year average return figure held. Recorded fund start date 5 July 2021 is less than five years before March 2026. | $15M |
| 33 | Investnow Harbour Active Growth Fund | Fundrock | 1.03% | No 1-year return figure held for this fund. | No 5-year average return figure held. Recorded fund start date 19 April 2021 is less than five years before March 2026. | $2M |
| 34 | Aurora Growth Fund | Fundrock | 1.04% | 4.24% | No 5-year average return figure held. Recorded fund start date 20 August 2021 is less than five years before March 2026. | $15M |
| 35 | Investnow Milford Active Growth Fund | Fundrock | 1.05% | No 1-year return figure held for this fund. | No 5-year average return figure held. Recorded fund start date 5 July 2021 is less than five years before March 2026. | $76M |
| 36 | Milford Kiwisaver Active Growth Fund | Milford | 1.05% | 6.81% | 6.60% | $8957M |
| 37 | Investnow Salt Sustainable Growth Fund | Fundrock | 1.10% | No 1-year return figure held for this fund. | No 5-year average return figure held. Recorded fund start date 18 July 2023 is less than five years before March 2026. | $6M |
| 38 | Lifestages Auto Option Age 50 - 54 | SBS | 1.11% | No 1-year return figure held for this fund. | 7.38% | $38M |
| 39 | Superlife Growth Fund | AMP | 1.17% | No 1-year return figure held for this fund. | 7.00% | $72M |
| 40 | Global Select Balanced Growth Fund | AMP | 1.18% | No 1-year return figure held for this fund. | 5.65% | $375M |
| 41 | Pie Kiwisaver Aggressive Fund | Pie | 1.19% | No 1-year return figure held. Recorded fund start date 1 May 2025 is less than one year before March 2026. | No 5-year average return figure held. Recorded fund start date 1 May 2025 is less than five years before March 2026. | $74M |
| 42 | Investnow Mint Diversified Growth Fund | Fundrock | 1.20% | No 1-year return figure held for this fund. | No 5-year average return figure held for this fund. | $6M |
| 43 | Glidepath Age 40 | Fisher | 1.22% | No 1-year return figure held for this fund. | No 5-year average return figure held. Recorded fund start date 26 March 2025 is less than five years before March 2026. | $1M |
| 44 | Goalsgetter Amova Balanced Fund | Nikko | 1.22% | No 1-year return figure held for this fund. | 4.47% | $7M |
| 45 | Growth Fund | Fisher | 1.23% | 6.14% | 4.46% | $4401M |
| 46 | Growth Fund | Generate | 1.25% | 13.61% | 6.74% | $2330M |
| 47 | Growth Fund | Booster | 1.25% | No 1-year return figure held for this fund. | 6.42% | $163M |
| 48 | Global Select Growth Fund | AMP | 1.27% | No 1-year return figure held for this fund. | 6.85% | $112M |
| 49 | Sharesies Pathfinder Ethical Growth Fund | Sharesies | 1.32% | 8.87% | No 5-year average return figure held. Recorded fund start date 25 January 2023 is less than five years before March 2026. | $38M |
| 50 | Goalsgetter Harbour Active Growth Fund | Nikko | 1.33% | No 1-year return figure held for this fund. | No 5-year average return figure held. Recorded fund start date 9 May 2024 is less than five years before March 2026. | $1M |
| 51 | Investnow Pathfinder Ethical Growth Fund | Fundrock | 1.34% | No 1-year return figure held for this fund. | No 5-year average return figure held. Recorded fund start date 19 April 2021 is less than five years before March 2026. | $7M |
| 52 | Socially Responsible Growth Fund | Booster | 1.34% | No 1-year return figure held for this fund. | No 5-year average return figure held. Recorded fund start date 30 March 2022 is less than five years before March 2026. | $122M |
| 53 | Sharesies Smartshares Growth Fund | Sharesies | 1.35% | 12.77% | No 5-year average return figure held. Recorded fund start date 25 January 2023 is less than five years before March 2026. | $45M |
| 54 | Goalsgetter Milford Active Growth Fund | Nikko | 1.35% | No 1-year return figure held for this fund. | No 5-year average return figure held. Recorded fund start date 9 May 2024 is less than five years before March 2026. | $15M |
| 55 | Pathfinder Kiwisaver High Growth Fund | Pathfinder | 1.36% | No 1-year return figure held. Recorded fund start date 11 April 2025 is less than one year before March 2026. | No 5-year average return figure held. Recorded fund start date 11 April 2025 is less than five years before March 2026. | $55M |
| 56 | Quaystreet Australian Equity Fund | Smartshares | 1.37% | No 1-year return figure held for this fund. | 9.89% | $3M |
| 57 | Pathfinder Kiwisaver Growth Fund | Pathfinder | 1.37% | 8.87% | 5.56% | $382M |
| 58 | Quaystreet Growth Fund | Smartshares | 1.37% | No 1-year return figure held for this fund. | 9.53% | $196M |
| 59 | Goalsgetter Salt Sustainable Growth Fund | Nikko | 1.38% | No 1-year return figure held for this fund. | No 5-year average return figure held. Recorded fund start date 9 May 2024 is less than five years before March 2026. | $2M |
| 60 | Stepping Stones 36-45 | Generate | 1.39% | No 1-year return figure held for this fund. | 7.96% | $73M |
| 61 | Stepping Stones Growth 51-55 | Generate | 1.39% | No 1-year return figure held for this fund. | 7.96% | $37M |
| 62 | Growth Fund | Anglican | 1.50% | No 1-year return figure held for this fund. | 8.78% | $37M |
| 63 | Goalsgetter Amova Growth Fund | Nikko | 1.51% | 16.00% | 5.73% | $14M |
| 64 | Life Cycle - Age 75 | NZ Funds | 1.55% | No 1-year return figure held for this fund. | 5.28% | $2M |
| 65 | Milford Active Growth Fund | AMP | 1.57% | No 1-year return figure held for this fund. | No 5-year average return figure held. Recorded fund start date 23 February 2022 is less than five years before March 2026. | $104M |
| 66 | Life Cycle - Age 65 | NZ Funds | 1.60% | No 1-year return figure held for this fund. | 5.89% | $18M |
| 67 | Goalsgetter Pathfinder Ethical Growth Fund | Nikko | 1.61% | No 1-year return figure held for this fund. | No 5-year average return figure held. Recorded fund start date 9 May 2024 is less than five years before March 2026. | $1M |
| 68 | Aurora Retirementplus Age 50 | Fundrock | 1.62% | No 1-year return figure held for this fund. | No 5-year average return figure held. Recorded fund start date 1 September 2021 is less than five years before March 2026. | $7M |
About “—” in return figures: it means no figure is held, not a return of zero. Of the 68 funds listed, 26 have a 1-year return and 42 have a 5-year average return. Figures are drawn from fund disclosures on the FMA Disclose register, chiefly quarterly fund updates. Each fund shows the most recent figure held, with 1-year returns up to June 2026; the latest quarter broadly covered across all funds is March 2026. A fund too new to report a period has no figure for it; other gaps are figures not yet captured from the updates ingested so far.
Sourced from each scheme's most recent FMA-filed Quarterly Fund Update. Annual-fee ranking is mechanical — does not factor in returns, risk, manager skill, or asset-allocation differences. Past performance is not a reliable indicator of future returns.
Related
Explore this with AI
Open a fresh AI chat pre-loaded with this page — ask it to summarise, explain, or compare, and it can read FundCompare's underlying data directly.
Important Information
Disclaimer: This page provides general information only and does not constitute financial advice under the Financial Markets Conduct Act 2013. FundCompare.co.nz is not a licensed Financial Advice Provider (FAP).
We do not assess suitability, make recommendations, or provide personalised advice. The information shown is sourced from publicly available data and may not reflect current offerings. Past performance is not a reliable indicator of future returns. Investment returns can be negative, and you may receive back less than you invested.
Before making any decisions: Always verify current information directly with the relevant KiwiSaver provider and read their Product Disclosure Statement (PDS).
Need personalised advice? Consult a licensed Financial Advice Provider. Find advisers at fma.govt.nz
Compare every fund on the FMA Disclose register. Refreshed quarterly. Independent — FundCompare is not a Financial Advice Provider; general information only.
Compare
Learn
Important Information and Disclosure
The information provided on this website is not a recommendation to buy, sell, or hold any financial products. Nothing on this website constitutes financial advice for the purposes of the Financial Markets Conduct Act 2013. FundCompare.co.nz is not a licensed Financial Advice Provider.
Investing involves risk. The value of your investment can go down as well as up, and you may get back less than you put in. Past performance is not a reliable indicator of future returns.
Before making any investment decision, you should read the Product Disclosure Statement (PDS) for the fund carefully. If you have questions or are unclear about the implications of your investment decision, you should seek advice from a licensed Financial Advice Provider.
All information displayed is sourced from scheme providers, the Disclose Register, and the Sorted Smart Investor universal feed (operated by Te Ara Ahunga Ora Retirement Commission), or other publicly available sources. We take reasonable steps to ensure accuracy but cannot guarantee information is always current or complete.
FundCompare.co.nz may receive referral fees or commissions from scheme providers if you sign up via links on this website. These payments do not influence the order, ranking, or inclusion of products displayed.
For more information, please see our Terms of Service, Privacy Policy, and Disclosure Statement.
This website is operated by FundCompare.co.nz and is not endorsed by, or affiliated with, the New Zealand government or Inland Revenue. FundCompare.co.nz is using the KiwiSaver trade mark and logo under licence from Inland Revenue. To view the official New Zealand government KiwiSaver website, please click here.
© 2026 FundCompare.co.nz. All rights reserved.