About us
Groww Gilt Fund: A Scheme Investing In Government-backed Securities
Debt
Moderate Risk
NFO Opening date
23 Apr 2025
End date
07 May 2025
Scheme re-opens on or before
22 May 2024
What are gilt funds?
Gilt funds are open-ended debt schemes, aiming to offer an investment option by primarily investing in government securities. With at least 80% of their total assets allocated to government bonds of various maturities, these funds aim to minimize credit risk while offering relatively low-risk returns.
Why choose Groww Gilt Fund?
Improved fiscal framework
A strengthening fiscal position¹, reduced debt-to-GDP ratio², and improved Current Account Deficit (CAD)³ are aiming to create a more favorable investment environment. This may lead to lower risk premiums and better credit quality for G-Secs.
Economic and monetary trends
Anticipated interest rate cuts and a slowdown in economic growth are aiming to support gilt fund performance by easing monetary policy and improving liquidity.⁴
Global and domestic conditions
Lower inflation³, reduced energy costs³, and FII flows into debt markets are aiming to enhance the demand-supply dynamics for fixed income securities.⁵
Backed by the Government of India
Investing in government securities means reduced credit risk, aiming to provide a more reliable option in uncertain economic times.
Why invest in Groww Gilt Fund? This fund may be suitable for -
Investors aiming for credit risk-free returns over the medium to long term.
Those looking for diversification with a focus on sovereign-backed instruments.
Individuals aiming to capitalize on the evolving macroeconomic environment, such as lower inflation and favorable interest rate movements.
Minimum investment amounts
Minimum SIP investment
₹100
Minimum Lumpsum investment
₹500
Expense ratio, exit load and tax
Unit Price
Offer for Sale of Units at ₹10 during NFO period
Total Expense ratio:
upto 2.00%
Exit load
Nil
Stamp duty on investment: 0.005%
from July 1st 2020
Tax implication:
Returns are taxed at normal rate of tax applicable to the assessee, if you redeem before 1 year. After 1 year, you are required to pay LTCG Tax of 12.5% on returns of more than ₹1Lakh in a financial year
Fund management
Mr. Kaustubh SuleApr 2025 - PresentView details
Mr. Kaustubh Sule
Apr 2025
- Present
View details
About
Mr. Kaustubh has worked in Fixed Income trading and portfolio management for almost 14 years and 3 years in the IT industry as a software engineer. He has worked with Hexaware Technologies, Union Bank of India, Reliance Life insurance, HDFC Life insurance. He was working with Axis Asset Management Company as Fund ManagerFixed Income before joining Groww
Investment objective
The objective of the Scheme is 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. However, there is no assurance that the investment objective of the Scheme will be achieved.
Fund benchmark
As per AMFI Tier I Benchmark - CRISIL Dynamic Gilt Index
Type of Scheme
An open ended debt scheme investing in government securities across maturity. A relatively high interest rate risk and relatively low credit risk.
Riskometer
This product is suitable for investors who are seeking*
• Credit risk free returns over medium to long term
• Investments mainly in government securities of various maturities
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Scheme Riskometer
Investors understand that thier principal will be at Moderate Risk
Benchmark Riskometer - As per AMFI Tier I Benchmark - CRISIL Dynamic Gilt Index
The Benchmark is at Moderate Risk
*The product labelling assigned during the New Fund Offer is based on internal assessment of the Scheme Characteristics or model portfolio and the same may vary post NFO when actual investments are made.
Downloads
SID - Groww Gilt Fund
KIM - Groww Gilt Fund
Presentation - Groww Gilt Fund
Disclaimer
Source 1: Bloomberg, data as of March 24, 2025
Source 2: MoSPI and Union Budget, March 25, 2025
Source 3: Bloomberg, data as of March 28, 2025
Source 4: RBI, data as on February 7, 2025
Source 5: Bloomberg, data as on March 25, 2025
Please consult your financial advisor before investing.
Views expressed herein involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied herein. The individuals/companies mentioned above are for educational purposes only and have no connection with Groww Mutual Fund or Groww Asset Management Limited. Stocks/sectors/views should not be construed as investment advice or a research report or a recommendation by Groww Mutual Fund ("the Fund") / Groww Asset Management Limited (AMC) to buy or sell the stock or any other security. The sector(s) mentioned in this document do not constitute any recommendation of the same and the Fund may or may not have any future position in these sector(s). There is no assurance of any returns/capital protection/capital guarantee to the investors. The AMC/trustee/sponsor/group companies shall have no responsibility/liability whatsoever for the accuracy or any use or reliance thereof on such information.
Mutual funds investments are subject to market risks, read all scheme related documents carefully
Min. SIP amount
₹100
Min. Lumpsum amount
₹500
