Fund Overview
Fund Size
₹201 Cr
Expense Ratio
0.10%
ISIN
INF666M01451
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 19-Sep-24, it has a Net Asset Value (NAV) of ₹2419.19, Assets Under Management (AUM) of 200.90 Crores, and an expense ratio of 0.1%.
- Groww Liquid Fund Direct Growth has given a CAGR return of 6.82% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.74% in cash & cash equivalents.
- You can start investing in Groww Liquid Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.44%
+6.02% (Cat Avg.)
3 Years
+5.94%
+5.31% (Cat Avg.)
5 Years
+5.14%
+4.43% (Cat Avg.)
10 Years
+6.40%
+5.13% (Cat Avg.)
Since Inception
+6.82%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Others | ₹200.9 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Bank Of Baroda | Cash - CD/Time Deposit | ₹19.72 Cr | 9.82% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹19.68 Cr | 9.80% |
| Canara Bank | Cash - CD/Time Deposit | ₹19.16 Cr | 9.54% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹14.77 Cr | 7.35% |
| 91 DTB 121122024 | Bond - Gov't/Treasury | ₹14.77 Cr | 7.35% |
| Indian Bank | Cash - CD/Time Deposit | ₹14.75 Cr | 7.34% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹13.46 Cr | 6.70% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹12.79 Cr | 6.37% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹9.99 Cr | 4.97% |
| 91 DTB 18102024 | Bond - Gov't/Treasury | ₹9.94 Cr | 4.95% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹9.86 Cr | 4.91% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹8.97 Cr | 4.46% |
| 91 DTB 28112024 | Bond - Gov't/Treasury | ₹5.92 Cr | 2.95% |
| Kotak Mahindra Investments Limited | Bond - Corporate Bond | ₹4.97 Cr | 2.47% |
| L & T Finance Holdings Limited | Cash - Commercial Paper | ₹4.96 Cr | 2.47% |
| 91 DTB 21112024 | Bond - Gov't/Treasury | ₹4.94 Cr | 2.46% |
| Axis Finance Limited | Cash - Commercial Paper | ₹4.93 Cr | 2.45% |
| India (Republic of) | Bond - Short-term Government Bills | ₹2.82 Cr | 1.40% |
| Reverse Repo 17-Sep-24 | Cash - Repurchase Agreement | ₹2.28 Cr | 1.13% |
| Ccil | Cash - Repurchase Agreement | ₹0.86 Cr | 0.43% |
| Hdfc Bank Limited | Cash | ₹0.6 Cr | 0.30% |
| SBI FUNDS MANAGEMENT PVT LMTD | Mutual Fund - Open End | ₹0.52 Cr | 0.26% |
| India (Republic of) | Bond - Short-term Government Bills | ₹0.5 Cr | 0.25% |
| Net Receivable/Payable | Cash - Collateral | ₹-0.27 Cr | 0.13% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹109.85 Cr | 54.68% |
| Bond - Gov't/Treasury | ₹35.57 Cr | 17.71% |
| Cash - Commercial Paper | ₹33.2 Cr | 16.53% |
| Bond - Corporate Bond | ₹14.96 Cr | 7.45% |
| Bond - Short-term Government Bills | ₹3.32 Cr | 1.65% |
| Cash - Repurchase Agreement | ₹3.14 Cr | 1.56% |
| Cash | ₹0.6 Cr | 0.30% |
| Mutual Fund - Open End | ₹0.52 Cr | 0.26% |
| Cash - Collateral | ₹-0.27 Cr | 0.13% |
Risk & Performance Ratios
Standard Deviation
This fund
0.47%
Cat. avg.
0.56%
Lower the better
Sharpe Ratio
This fund
-0.55
Cat. avg.
-1.42
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.50
Higher the better
Fund Managers
Kaustubh Sule
Since May 2023
Additional Scheme Detailsas of 31st August 2024
ISIN | INF666M01451 | Expense Ratio | 0.10% | Exit Load | No Charges | Fund Size | ₹201 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Liquid Debt TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Liquid Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Canara Robeco Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹3568.45 Cr | 7.4% |
| Navi Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹70.32 Cr | 6.9% |
| Motilal Oswal Liquid Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹794.39 Cr | 6.9% |
| Motilal Oswal Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹794.39 Cr | 7.1% |
| Kotak Nifty 1D Rate Liquid ETF Low Risk | 0.2% | - | ₹50.88 Cr | 5.9% |
| Invesco India Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹11400.05 Cr | 7.4% |
| TrustMF Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹249.54 Cr | 7.4% |
| 360 ONE Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹784.74 Cr | 7.3% |
| 360 ONE Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹784.74 Cr | 7.2% |
| TrustMF Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹249.54 Cr | 7.2% |
About the AMC
Total AUM
₹786 Cr
Address
Jupiter Mills Compound Senapati Bapat Marg, Mumbai, 400013
Other Funds by Groww Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Groww Nifty Total Market Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹219.43 Cr | - |
| Groww FMP Series VI (Plan 2) 1135 Days Direct Growth Moderate Risk | - | - | - | - |
| Groww Short Duration Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹52.48 Cr | 8.5% |
| Groww Large Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹130.87 Cr | 37.5% |
| Groww Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹200.90 Cr | 7.4% |
| Groww Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹2.49 Cr | 5.8% |
| Groww ELSS Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹50.27 Cr | 42.0% |
| Groww Dynamic Bond Fund Direct Growth Moderate Risk | 0.5% | 0.0% | ₹51.57 Cr | 8.6% |
| Groww Aggressive Hybrid Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹45.49 Cr | 30.9% |
| Groww Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹32.56 Cr | 6.8% |
| Groww Value Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹38.62 Cr | 37.5% |
| Groww Multi Cap Fund Direct Growth Moderately High risk | - | 0.0% | - | - |
Risk Level
Your principal amount will be at Low to Moderate Risk
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- Kaustubh Sule
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