1M
6M
1Y
3Y
5Y
All
| NAV: 27 Jan 2025 | ₹2,291.72 |
| Min. SIP amount | ₹500 |
| Rating | NA |
| Fund size | ₹59.71Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Debt Short Duration
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 8.0% | 6.1% | 5.9% | 7.6% |
| Category average | 7.7% | 6.2% | 6.1% | NA |
| Rank with in category | 22 | 23 | 21 | NA |
Understand terms
Peer Comparison
| Debt, Short Duration funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
ICICI Prudential Short Term Fund Direct Plan Growth | 5 | 8.5% | 7.5% | 19,700.32 |
Aditya Birla Sun Life Short Term Direct Fund Direct Growth | 5 | 8.7% | 7.2% | 8,598.66 |
UTI Short Duration Direct Growth | 5 | 8.4% | 6.9% | 2,610.25 |
HDFC Short Term Debt Fund Direct Plan Growth | 4 | 8.5% | 6.9% | 14,816.22 |
Nippon India Short Term Fund Direct Growth | 4 | 8.6% | 6.8% | 7,468.92 |
Holdings (14)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
National Bank For Agriculture & Rural Development | Financial | Bonds | 8.42% |
Power Finance Corporation Ltd. | Financial | Debenture | 8.41% |
Bajaj Housing Finance Ltd. | Financial | Debenture | 8.41% |
Bajaj Finance Ltd. | Financial | Bonds/NCD | 8.39% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 8.09% |
Axis Bank Ltd. | Financial | CD | 7.91% |
Punjab National Bank | Financial | CD | 7.81% |
GOI | Sovereign | GOI Sec | 7.70% |
HDFC Bank Ltd. | Financial | NCD | 6.58% |
REC Ltd. | Financial | NCD | 5.05% |
LIC Housing Finance Ltd. | Financial | Bonds/NCD | 5.03% |
Union Bank of India | Financial | CD | 1.66% |
GOI | Sovereign | GOI Sec | 0.85% |
HDFC Bank Ltd. | Financial | Fixed Deposits | 0.84% |
See All
Pros and cons
Category: Debt Short Duration
Pros
Exit load is zero
Lower expense ratio: 0.4%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
1Y and 10Y annualised returns higher than category average
Higher alpha: 4.75
The fund has generated returns higher than benchmark - CRISIL Short Duration Debt A-II Index - in the last 3Y
Cons
3Y and 5Y annualised returns lower than category average
Expense ratio, exit load and tax
Expense ratio: 0.40%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Kaustubh SuleMay 2023 - PresentView details
Kaustubh Sule
May 2023 - 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.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
505 – 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel,Maharashtra Mumbai 400013
Phone
8050180222
Launch Date
10 Apr 2008
Groww Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
Groww Short Duration Fund Direct Growth
VS
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