Groww Overnight Fund Regular IDCW Monthly

Debt
Overnight
Low Risk
1005.1636
current NAV
1Y
3Y
5Y
ALL
NAV: 22 Dec 2024
₹1,005.1636
Fund size
26.35Cr

Holdings (3)

NameSectorInstrumentAssets
Rev REPO deposit 251,677,593.22 INR DIRECT 6.68% 02/12/2024
othersRev REPO deposit95.5%
GS17DEC2024C STRIPS - 17-Dec-2024
othersTreasury Bills3.4%
TREPS 02-DEC-2024
othersTri Party Repo (TREPs)0.8%

Holding analysis

Equity / Debt / Cash Split

Equity
0.0%
Debt
4.2%
Cash
95.8%
26.3Cr

Debt sector allocation

Treasury Bills
81.0%
Tri Party Repo (Treps)
19.0%
1.1Cr

Advanced ratios

Top 5
483%
Top 20
1148%
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Scheme Performance

Annualised returnsas on 29 Nov 2024
5Y3Y1YSince Inception
Groww Overnight Fund Regular IDCW Monthly4.67%5.69%6.57%4.72%
Scheme Benchmark - Crisil 1 Yr T-Bill Index5.52%6.08%7.56%5.69%
Additional Benchmark - CRISIL Liquid Overnight Index4.95%5.99%6.74%4.97%
Current value of standard investment of ₹10,000as on 29 Nov 2024
5Y3Y1YSince Inception
Groww Overnight Fund Regular IDCW Monthly₹12,565.48₹11,804.32₹10,656.79₹12,828.64
Scheme Benchmark - Crisil 1 Yr T-Bill Index₹13,084.97₹11,936.11₹10,756.20₹13,483.80
Additional Benchmark - CRISIL Liquid Overnight Index₹12,729.94₹11,906.51₹10,674.03₹12,993.91

Expense ratio, exit load and tax

Expense ratio: 0.23%

Inclusive of GST

Exit load

nil

Stamp duty on investment: 0.005%

from July 1st 2020

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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 provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily i
The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day. 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 1 Yr T-Bill Index

Riskometer

This product is suitable for investors who are seeking*

• Short Term savings • An overnight fund that aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity • Low Risk

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