Groww Gilt Fund Direct Growth

Debt
Gilt
Moderate Risk
Launch date23 Apr 2025
Allotment date13 May 2025
End date07 May 2025
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: 0.51%

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 Sule
Apr 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.
Also manages these schemes

Fund house & investment objective

Rank (total assets)#41 in India
Total AUM₹1,612.30Cr
Date of Incorporation10 Apr 2008

Groww Gilt 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 Gilt Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,612 Cr and the Latest NAV as of 20 Jun 2025 is ₹9.86. The Groww Gilt Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. ;

Investment Objective

The scheme seeks to generate credit risk-free returns by predominantly investing in sovereign securities issued by the Central Government and/or State Government(s) and/or any security guaranteed by the Government of India, and/or reverse repos in such securities as per applicable RBI Regulations and Guidelines. The Scheme may also be investing in Reverse repo, Triparty repo on Government securities or treasury bills and/or other similar instruments as may be notified from time to time. ;

Fund benchmarkCRISIL Dynamic Gilt Index

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
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