Overview
Groww Liquid Fund Direct Growth
Groww Mutual Fund
The scheme seeks to provide a high level of liquidity with returns commensurate with low risk through a portfolio of money market and debt securities with maturity of up to 91 days.
Investments in Groww Liquid Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 2525.2146
Fund Size (AUM)
₹130.26 Cr
Risk
Low to Moderate (Risk rating: 7/10)
Minimum Investment
Lumpsum: ₹ 500
SIP: ₹500
Launch Date
01-Jan-2013
Expense Ratio
0.1%
Exit Load
Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Benchmark
CRISIL Liquid Debt A-I Index
Standard Deviation
0.32
History
Performance & Ratios
1-Year SIP Return
7.47%
3-Year SIP Return
7.2%
5-Year SIP Return
6.26%
Mean Return
6.8%
Alpha
1.68
Beta
0.64
Sharpe Ratio
1.08
Sortino Ratio
1.11
Information Ratio
10.12
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 7.44% | 6.78% | 5.36% | 7.39% |
| Category Average | 7.1% | 6.67% | 5.32% | N/A |
| Rank Within Category | 1 | 27 | 27 | N/A |
Holdings (14)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 11.51% |
| Export-Import Bank Of India | Financial | CP | 11.38% |
| National Bank For Agriculture & Rural Development | Financial | CP | 10.79% |
| Axis Bank Ltd. | Financial | CD | 10.62% |
| HDFC Bank Ltd. | Financial | CD | 7.59% |
| Bank Of Baroda | Financial | CD | 7.58% |
| ICICI Securities Ltd. | Financial | CP | 7.57% |
| HDFC Securities Ltd. | Financial | CP | 7.57% |
| Bajaj Finance Ltd. | Financial | CP | 3.82% |
| HDFC Securities Ltd. | Financial | CP | 3.81% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Aditya Birla Sun Life Liquid Fund Direct Growth | 41051.49 | 7.44 | 6.94 | 0.21 | N/A |
| Mahindra Manulife Liquid Fund Direct Growth | 1025.78 | 7.4 | 6.93 | 0.14 | N/A |
| Union Liquid Fund Direct Growth | 3206.36 | 7.41 | 6.92 | 0.07 | N/A |
| Edelweiss Liquid Direct Growth | 5243.37 | 7.43 | 6.92 | 0.09 | N/A |
| Bajaj Finserv Liquid Fund Direct Growth | 4200.75 | 7.4 | N/A | 0.11 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 2, 8, 15, 23
Min Amount: ₹ 500
Min Installments: 12
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 500
Min Installments: 12
AMC Details
Asset Management Company
Groww Mutual Fund
Indiabulls Mutual Fund started their mutual fund on 24/03/2011 and its managing total assets of Rs. 10,577 Cr. Its ranked at 24 as per total assets at end of 30th Sep 2017. Groww Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Indiabulls Mutual Fund believes in creating value for customers by striking a balance between liquidity, good returns and keeping investor funds safe and transparent.
The fund house was established on March 24th, 2011 and has a current asset under management of Rs.7992.42 crore. (As of June 2018). Indiabulls Trustee Company Ltd.acts as the trustee company to the asset management company.
The mutual fund offers various schemes in different categories and aims to follow a risk- reward paradigm. With a wide array of mutual across various market categorization, it has targeted investors of different needs and financial goals. Indiabulls Mutual Fund believes in four core values, which are, customer comes first, transparency, integrity and professionalism.
It is located in 110 towns and has 220 established branches across the country.
Launch Date
2008-04-10T00:00:00.765Z
Total AUM
₹ 1612.3 Cr
Address
505 – 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel,Maharashtra Mumbai 400013
Phone
8050180222
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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Groww Liquid Fund Direct Growth
Groww Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Groww Liquid Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Groww Liquid Fund Direct Growth?
The top stocks held by Groww Liquid Fund Direct Growth include Small Industries Devp. Bank of India Ltd., Export-Import Bank Of India, National Bank For Agriculture & Rural Development.
Which industries does Groww Liquid Fund Direct Growth invest in?
Groww Liquid Fund Direct Growth primarily invests in the following industries: Financial.
Who is the fund manager of Groww Liquid Fund Direct Growth?
The fund manager of Groww Liquid Fund Direct Growth is Kaustubh Sule.
How many years has the fund manager been managing Groww Liquid Fund Direct Growth?
Kaustubh Sule: Calculating...
What is the minimum investment for Groww Liquid Fund Direct Growth?
The minimum investment for Groww Liquid Fund Direct Growth is ₹500 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for Groww Liquid Fund Direct Growth?
Calculating...
What are the average 3-year returns for Groww Liquid Fund Direct Growth?
Calculating...
What is the expense ratio of Groww Liquid Fund Direct Growth, and how does it compare to its category?
The expense ratio of Groww Liquid Fund Direct Growth is 0.1%. The average expense ratio for similar funds in the Debt is Calculating....