| NAV: 25 Oct 2021 | ₹1,006.66 |
| Min. SIP amount | ₹100 |
| Rating | 4star |
| Fund size | ₹21,654.55 Cr |
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 3.3% | 5.1% | 5.9% | 7.1% |
| Category average | 3.1% | 5.1% | 5.8% | NA |
| Rank with in category | 16 | 8 | 7 | NA |
Holdings (60)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reliance Industries Ltd. | Energy | Corporate Bond Repo | 4.9% |
Reserve Bank of India | Financial | T-Bills | 4.6% |
ICICI Bank Ltd. | Financial | BR | 4.6% |
Chennai Petroleum Corporation Ltd. | Energy | CP | 4.6% |
Reserve Bank of India | Financial | T-Bills | 4.5% |
GOI | Sovereign | CGL | 4.2% |
National Bank For Agriculture & Rural Development | Financial | CP | 3.7% |
Reserve Bank of India | Financial | T-Bills | 3.4% |
Indian Oil Corporation Ltd. | Energy | CP | 2.8% |
Reliance Retail Ventures Ltd. | Services | CP | 2.5% |
Disclaimer
This content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
infoPros
Cons
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Past expense ratio & exit load
Expense ratio, exit load and tax
Expense ratio: 0.18%
Inclusive of GST
Exit load
Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Fund house & investment objective
| Rank (total assets) | #6 in India |
|---|---|
| Total AUM | 2,30,092.13 Cr |
| Date of Incorporation | 30 Jun 1995 |
|---|
Investment Objective
| Fund benchmark | CRISIL Liquid Fund Index |
|---|
Fund house contact details
