GROWW NIFTY 1D Rate Liquid ETF

ETF
Liquid
Low Risk
101.064
current NAV
1Y
3Y
5Y
ALL
NAV: 21 Nov 2024
₹101.0640
Fund size
NA

Holdings (3)

NameSectorInstrumentAssets
Rev REPO deposit 616,837,108.35 INR DIRECT 6.4% 04/11/2024
othersRev REPO deposit98.9%
91 Days Treasury Bill 07-Nov-2024
othersTreasury Bills0.8%
TREPS 04-NOV-2024
othersTri Party Repo (TREPs)0.3%

Holding analysis

Equity / Debt / Cash Split

Equity
0.0%
Debt
1.1%
Cash
98.9%
62.4Cr

Debt sector allocation

Treasury Bills
75.7%
Tri Party Repo (Treps)
24.3%
0.7Cr

Advanced ratios

Top 5
196%
Top 20
199%
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Scheme Performance

Annualised returnsas on 31 Oct 2024
5Y3Y1YSince Inception
GROWW NIFTY 1D Rate Liquid ETFNANANA0.71%
Scheme Benchmark - NIFTY 1D Rate IndexNANANA0.65%
Current value of standard investment of ₹10,000as on 31 Oct 2024
5Y3Y1YSince Inception
GROWW NIFTY 1D Rate Liquid ETFNANANA₹10,071.38
Scheme Benchmark - NIFTY 1D Rate IndexNANANA₹10,064.70

Expense ratio, exit load and tax

Stamp duty on investment: 0.005%

from July 1st 2020

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Fund management

Kaustubh Sule
Sep 2024 - Present
View details

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 investment objective of the Scheme is to provide current income, commensurate with relatively low risk while providing a high level of liquidity,
The investment objective of the Scheme is to provide current income, commensurate with relatively low risk while providing a high level of liquidity, primarily through a portfolio of Tri-Party REPO, Repo in Government Securities, Reverse Repos and similar other overnight instruments. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
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Fund benchmark
NIFTY 1D Rate Index

Riskometer

This product is suitable for investors who are seeking*

• Investors should understand that their principal will be at low risk • Benchmark riskometer is at low risk

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
GROWW NIFTY 1D Rate Liquid ETF
Scheme Riskometer
iNAV as on 21 Nov 03:43:54 AM
₹101.0639
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