Groww Short Duration Fund Direct IDCW Monthly

Debt
Short Duration
Moderate Risk
1018.0403
current NAV
1Y
3Y
5Y
ALL
NAV: 21 Nov 2024
₹1,018.0403
Fund size
38.10Cr

Holdings (17)

NameSectorInstrumentAssets
TREPS 04-NOV-2024
othersTri Party Repo (TREPs)21.0%
7.59% Power Finance Corp Ltd 17-JAN-28
othersNon Convertible Debentures9.1%
7.98% Bajaj Housing Fin Ltd 09-Sep-2026
othersNon Convertible Debentures9.1%
7.90% Bajaj Finance Ltd 13-Apr-2028
othersNon Convertible Debentures9.1%
7.79% SIDBI 14 May 2027
othersNon Convertible Debentures8.8%
8.55% Indian Railway Fin Cor 21-Feb-2029
othersNon Convertible Debentures8.6%
7.37% GOI - 23-OCT-2028
othersGovt Securities / SDL8.3%
7.70% REC Ltd 10-DEC-2027
othersNon Convertible Debentures5.5%
7.77% LIC Housing Fin Ltd 11 AUG-2028
othersNon Convertible Debentures5.5%
8.65% Gujarat SDL - 10-Oct-2028
othersGovt Securities / SDL3.8%
See All

Holding analysis

Equity / Debt / Cash Split

Equity
0.0%
Debt
97.6%
Cash
2.4%
55.1Cr

Debt sector allocation

Non Convertible Debentures
56.9%
Tri Party Repo (Treps)
21.5%
Govt Securities / Sdl
15.3%
Certificate Of Deposits
3.5%
Treasury Bills
1.8%
Fixed Deposit (Debt)
0.9%
53.8Cr

Advanced ratios

Top 5
262%
Top 20
665%
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Scheme Performance

Annualised returnsas on 31 Oct 2024
5Y3Y1YSince Inception
Groww Short Duration Fund Direct IDCW Monthly5.73%5.78%8.65%7.56%
Scheme Benchmark - CRISIL Short Duration Fund BII Index6.62%5.30%6.99%7.63%
Additional Benchmark - Crisil 10 Year Gilt Index6.04%3.70%6.22%6.67%
Current value of standard investment of ₹10,000as on 31 Oct 2024
5Y3Y1YSince Inception
Groww Short Duration Fund Direct IDCW Monthly₹13,215.24₹11,837.80₹10,865.19₹22,527.93
Scheme Benchmark - CRISIL Short Duration Fund BII Index₹13,780.02₹11,674.55₹10,699.08₹21,862.39
Additional Benchmark - Crisil 10 Year Gilt Index₹13,406.03₹11,150.25₹10,622.39₹19,866.92

Expense ratio, exit load and tax

Expense ratio: 0.38%

Inclusive of GST

Exit load

exit load is nill w.e.f. 10.11.2015

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 generate stable returns over the short term with a low risk strategy. It also maintains liquidity through a portfolio of mainly deb
The scheme aims to generate stable returns over the short term with a low risk strategy. It also maintains liquidity through a portfolio of mainly debt and money market instruments where the Macaulay duration of the portfolio is between 1 year – 3 years. 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 Short Duration Fund BII Index

Riskometer

This product is suitable for investors who are seeking*

• Stable returns over short term while maintaining liquidity. • Through investment in debt and money market instruments. • Low to Moderate Risk

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