Groww Liquid Fund Direct IDCW Monthly

Debt
Liquid
Moderate Risk
1032.6806
current NAV
1Y
3Y
5Y
ALL
NAV: 21 Nov 2024
₹1,032.6806
Fund size
192.55Cr

Holdings (27)

NameSectorInstrumentAssets
Bajaj Finance Limited CP 25-Nov-2024
othersCommercial Papers9.6%
EXIM Bank CP 06-Dec-2024
othersCommercial Papers9.6%
SIDBI CD 11-Dec-2024
othersCertificate of Deposits9.6%
Canara Bank CD 16-Jan-2025
othersCertificate of Deposits8.4%
91 Days Treasury Bill 16-Jan-2025
othersTreasury Bills7.6%
ICICI Bank Ltd CD 06-Dec-2024
othersCertificate of Deposits6.6%
HDFC Bank Ltd CD 06-Dec-2024
othersCertificate of Deposits5.8%
Axis Finance Ltd CP 14-Nov-2024
othersCommercial Papers4.8%
Axis Bank Limited CD 14-Jan-2025
othersCertificate of Deposits4.8%
Kotak Mahindra Bank Ltd CD 15-Jan-2025
othersCertificate of Deposits4.8%
See All

Holding analysis

Equity / Debt / Cash Split

Equity
0.0%
Debt
98.1%
Cash
1.9%
516.2Cr

Debt sector allocation

Certificate Of Deposits
50.3%
Commercial Papers
30.2%
Treasury Bills
19.3%
Fixed Deposit (Debt)
0.2%
Tri Party Repo (Treps)
0.0%
506.5Cr

Advanced ratios

Top 5
70%
Top 20
217%
Understand terms

Scheme Performance

Annualised returnsas on 31 Oct 2024
5Y3Y1YSince Inception
Groww Liquid Fund Direct IDCW Monthly5.16%6.11%7.46%6.81%
Scheme Benchmark - CRISIL Liquid Debt A-I Index5.35%6.28%7.34%6.91%
Additional Benchmark - Crisil 1 Yr T-Bill Index5.52%5.97%7.54%6.49%
Current value of standard investment of ₹10,000as on 31 Oct 2024
5Y3Y1YSince Inception
Groww Liquid Fund Direct IDCW Monthly₹12,863.12₹11,946.12₹10,746.49₹21,829.73
Scheme Benchmark - CRISIL Liquid Debt A-I Index₹12,979.10₹12,003.76₹10,734.06₹23,881.57
Additional Benchmark - Crisil 1 Yr T-Bill Index₹13,083.34₹11,899.75₹10,754.27₹23,122.97

Expense ratio, exit load and tax

Expense ratio: 0.22%

Inclusive of GST

Exit load

nil

Stamp duty on investment: 0.005%

from July 1st 2020

Understand terms

Fund management

Karan Singh
May 2023 - Present
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About
Mr. Karan Singh has more than 16 years of work experience in the finance Industry. He has worked with Taurus Corporate Advisory Services Ltd., DIOS Capital, Invesco Asset Management Company Ltd., Fidelity Investments & ICRA Ltd. prior to joining Indiabulls AMC. He has been with Indiabulls AMC since March 2018, He has completed his B.A (Honours) in Economics , PGDBF & CFA Institute (Member) - Level 1.

Kaustubh Sule
May 2023 - Present
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About
Kaustubh is a seasoned Senior Fund Manager - Debt at Groww Asset Management Limited, having joined since its inception in May 2023. With 17 years of experience in various roles, he specializes in Fixed Income Strategies, including money market, macro, and duration strategies. Kaustubh began his Investment Management career as a Fixed Income Trader at Union Bank of India's Treasury Desk. He further gained valuable expertise at Nippon Life and HDFC Life before joining Axis AMC as a Fund Manager - Fixed Income, where he managed medium-term and long-term Fixed Income strategies. He holds a B.E. in Computer Engineering from PICT, Pune University, and an MBA in Finance from VGSoM, IIT Kharagpur, providing him with a strong technical and financial background. Throughout his career, Kaustubh actively traded various fixed income instruments, including Government Securities, Corporate Bonds, Interest Rate Swaps, and Interest Rate Futures.
Also manages these schemes

Investment objective

The scheme aims to generate reasonable returns by constructing a portfolio of Debt and Money Market Instruments with a maturity period up to 91 days.
The scheme aims to generate reasonable returns by constructing a portfolio of Debt and Money Market Instruments with a maturity period up to 91 days. The scheme will offer a high level of liquidity and returns in line with the low level of risk in the portfolio. However, there is no assurance that the investment objective of the scheme will be realized and the Scheme does not assure or guarantee any returns.
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Fund benchmark
CRISIL Liquid Debt A-I Index

Riskometer

This product is suitable for investors who are seeking*

• High level of liquidity with commensurate returns over short term. • Through investment in money market & debt securities with maturity of upto 91days. • Low to Moderate Risk

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Groww Liquid Fund Direct IDCW Monthly
Scheme Riskometer
Min. SIP amount
₹100
Min. Lumpsum amount
₹100
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