Groww Short Duration Fund Direct Growth
DebtShort DurationModerate Risk
Direct
NAV (19-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹52 Cr
Expense Ratio
0.40%
ISIN
INF666M01AC0
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
13 Sep 2013
About this fund
As of 19-Sep-24, it has a Net Asset Value (NAV) of ₹2236.46, Assets Under Management (AUM) of 52.48 Crores, and an expense ratio of 0.4%.
- Groww Short Duration Fund Direct Growth has given a CAGR return of 7.58% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 82.73% in debts, and 17.02% in cash & cash equivalents.
- You can start investing in Groww Short Duration Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
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
+8.48%
+7.27% (Cat Avg.)
3 Years
+5.59%
+5.75% (Cat Avg.)
5 Years
+5.54%
+6.24% (Cat Avg.)
10 Years
+7.32%
+6.20% (Cat Avg.)
Since Inception
+7.58%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Debt | ₹43.42 Cr | 82.73% |
| Others | ₹9.07 Cr | 17.27% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.37% Govt Stock 2028 | Bond - Gov't/Treasury | ₹14.8 Cr | 37.12% |
| 07.65 MP Sdl 2027 | Bond - Gov't/Treasury | ₹5.09 Cr | 12.76% |
| 07.18 MH Sdl 2029 | Bond - Gov't/Treasury | ₹5.03 Cr | 12.61% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹3.01 Cr | 7.56% |
| NTPC Ltd. | Cash - Commercial Paper | ₹2.99 Cr | 7.50% |
| 08.65 GJ Sdl 2028 | Bond - Gov't/Treasury | ₹2.11 Cr | 5.29% |
| Indian Bank | Cash - CD/Time Deposit | ₹1.5 Cr | 3.76% |
| Ccil | Cash - Repurchase Agreement | ₹1.06 Cr | 2.66% |
| 07.69 KA Sdl 2027 | Bond - Gov't/Treasury | ₹1.02 Cr | 2.56% |
| 07.59 GJ Sdl 2027 | Bond - Gov't/Treasury | ₹1.01 Cr | 2.54% |
| Net Receivable/Payable | Cash | ₹0.74 Cr | 1.85% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹0.51 Cr | 1.27% |
| Hdfc Bank Limited | Cash - Collateral | ₹0.5 Cr | 1.25% |
| 08.08 MH Sdl 2026 | Bond - Gov't/Treasury | ₹0.41 Cr | 1.02% |
| SBI FUNDS MANAGEMENT PVT LMTD | Mutual Fund - Open End | ₹0.1 Cr | 0.25% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹29.97 Cr | 75.17% |
| Bond - Corporate Bond | ₹3.01 Cr | 7.56% |
| Cash - Commercial Paper | ₹2.99 Cr | 7.50% |
| Cash - CD/Time Deposit | ₹1.5 Cr | 3.76% |
| Cash - Repurchase Agreement | ₹1.06 Cr | 2.66% |
| Cash | ₹0.74 Cr | 1.85% |
| Cash - Collateral | ₹0.5 Cr | 1.25% |
| Mutual Fund - Open End | ₹0.1 Cr | 0.25% |
Risk & Performance Ratios
Standard Deviation
This fund
1.24%
Cat. avg.
1.77%
Lower the better
Sharpe Ratio
This fund
-0.40
Cat. avg.
-0.47
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.02
Higher the better
Fund Managers
Kaustubh Sule
Since May 2023
Additional Scheme Detailsas of 31st August 2024
ISIN | INF666M01AC0 | Expense Ratio | 0.40% | Exit Load | No Charges | Fund Size | ₹52 Cr | Age | 13 Sep 2013 | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Short Duration 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 Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Axis Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹9094.85 Cr | 7.8% |
| Mirae Asset Short Term Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹339.54 Cr | 7.3% |
| Tata Short Term Bond Fund Regular Growth Moderate Risk | 1.2% | 0.0% | ₹2441.00 Cr | 7.4% |
| Bandhan Bond Fund - Short Term Plan Regular Growth Moderate Risk | 0.8% | 0.0% | ₹8908.66 Cr | 8.1% |
| Mirae Asset Short Term Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹339.54 Cr | 8.2% |
| ICICI Prudential Short Term Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹19638.68 Cr | 7.8% |
| Mahindra Manulife Short Duration Fund Regular Growth Moderate Risk | 1.3% | 0.0% | ₹66.76 Cr | 7.6% |
| Mahindra Manulife Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹66.76 Cr | 8.6% |
| Nippon India Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹6945.22 Cr | 7.9% |
| HDFC Short Term Debt Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹14105.19 Cr | 8.1% |
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 Moderate Risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Groww Short Duration Fund Direct Growth?
What are the returns of Groww Short Duration Fund Direct Growth?
What is the portfolio composition of Groww Short Duration Fund Direct Growth?
Who manages the Groww Short Duration Fund Direct Growth?
- Kaustubh Sule
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.