Groww Money Market Fund Direct Growth

Groww Money Market Fund Direct Growth

1M
6M
All
NAV: 11 Sep '26
₹10.48
Min. for SIP
₹500
Fund size (AUM)
₹61.68 Cr
Expense ratio
0.25%
Rating
--

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
3 months₹15,000₹15,083
+0.55%
6 months₹30,000₹30,426
+1.42%

Holdings (20)

NameSectorInstrumentsAssets
Reverse RepoUnspecifiedReverse Repo13.09%
RepoUnspecifiedRepo12.26%
AXIS BANK LIMITED CD 14JAN27FinancialCertificate of Deposit9.01%
BANK OF BARODA CD 06JAN27FinancialCertificate of Deposit7.81%
PUNJAB NATIONAL BANK CD 09FEB27FinancialCertificate of Deposit7.76%
Union Bank of India - 15/03/2027**FinancialCertificate of Deposit6.52%
HDFC SECURITIES LIMITED 91D CP 05AUG26FinancialCommercial Paper5.36%
BAJAJ FINANCE LIMITED 91D CP 03SEP26FinancialCommercial Paper5.33%
KOTAK MAHINDRA PRIME LIMITED 326D CP 07SEP26FinancialCommercial Paper5.33%
Small Industries Dev Bank of India (04/02/2027) **FinancialCertificate of Deposit4.31%
INDIAN BANK CD 22JAN27FinancialCertificate of Deposit3.81%
CANARA BANK CD 22JAN27FinancialCertificate of Deposit3.81%
ICICI BANK LIMITED CD 08MAR27FinancialCertificate of Deposit3.78%
HDFC BANK LIMITED CD 11SEP26FinancialCertificate of Deposit3.73%
Small Industries Dev Bank of India (18/02/2027) **FinancialCertificate of Deposit3.61%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 18MAR27FinancialCertificate of Deposit3.42%
HDFC Bank Limited (25/08/2026) ** #FinancialCertificate of Deposit1.78%
UNION BANK OF INDIA CD 11SEP26FinancialCertificate of Deposit1.78%
Others Class A2 AIFUnspecifiedAlternative Investment Fund0.22%
Net PayablesUnspecifiedNet Payables-2.73%
See All

Minimum investments

Min. for 1st investment
₹500
Min. for 2nd investment
₹500
Min. for SIP
₹500

Returns and rankings

Annualised returns
Absolute returns
Name1M3M6MAll
Fund returns+0.6%+2.0%+3.2%+4.8%
Category average (Debt Money Market)--------
Rank (Debt Money Market)--2727--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.
Check past data

Compare similar funds

Fund management

KS
Kaustubh Sule
Nov 2025 - Present
View details

Education
Mr. Sule is a B.E. (Computer Engineering) & MBA (Finance)
Experience
Prior to joining Groww Mutual Fund (formerly, Indiabulls Mutual Fund), he has worked with Axis Asset Management Company Ltd. HDFC Standard Life Insurance Company Ltd., Reliance Life Insurance Company Ltd., Union Bank of India, Hexaware Technologies Ltd.

About Groww Money Market Fund Direct Growth

Groww Money Market Fund Direct Growth is a Debt Mutual Fund Scheme launched by Groww Mutual Fund. This scheme was made available to investors on 10 Apr 2008. Kaustubh Sule is the Current Fund Manager of Groww Money Market Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹5,997 Cr and the Latest NAV as of 11 Sep 2026 is ₹10.48. The Groww Money Market Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. ;

Investment Objective

The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments.
Fund benchmarkCRISIL Money Market A-I Index

Fund house

Rank (total assets)#41 in India
Total AUM₹5,996.87 Cr
Date of Incorporation10 Apr 2008
Launch Date10 Apr 2008
Address505 – 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel,Maharashtra Mumbai 400013
Custodian--
Registrar & Transfer AgentKFin Tech
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,