Groww Money Market Fund Growth

Groww Money Market Fund Growth

1M
All
NAV: 12 Mar '26
₹10.15
Min. for SIP
Not Supported
Fund size
₹21.61 Cr
Expense ratio
0.74%

Holdings (6)

NameSectorInstrumentsAssets
Reserve Bank of IndiaFinancialT-Bills10.97%
Axis Bank Ltd.FinancialCD10.17%
Bank Of BarodaFinancialCD10.16%
Canara BankFinancialCD10.15%
Export-Import Bank Of IndiaFinancialCD9.25%
NTPC Ltd.EnergyCP6.93%

Minimum investments

Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported

Returns and rankings

Annualised returns
Absolute returns
Name3M3M6MAll
Fund returns+1.1%+1.1%--+1.4%
Category average (Debt Money Market)--------
Rank (Debt Money Market)2525----

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.

Compare similar funds

Name1Y3YFund Size(Cr)
Axis Money Market Fund Growth
Axis Money Market Fund Growth
+7.08%+7.42%23,789.68
ICICI Prudential Money Market Growth
ICICI Prudential Money Market Growth
+7.09%+7.42%35,305.07
Aditya Birla Sun Life Money Manager Fund Growth
Aditya Birla Sun Life Money Manager Fund Growth
+6.96%+7.41%30,777.54
Tata Money Market Fund Growth
Tata Money Market Fund Growth
+7.03%+7.40%31,975.32
Kotak Money Market Fund Growth
Kotak Money Market Fund Growth
+7.02%+7.37%33,661.37
Compare

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 Growth

Groww Money Market Fund 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 Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,262 Cr and the Latest NAV as of 12 Mar 2026 is ₹10.15. The Groww Money Market Fund Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹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₹4,261.91 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,