Groww Dynamic Bond Fund Direct Plan - Fortnightly IDCW Reinvestment
Debt
Direct
Dynamic Bond
NAV: ₹ 1011.1 as on 02-06-2023
Fund Performance
About the Fund
Groww Dynamic Bond Direct Fortnightly Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 4 December, 2018. The fund is managed by Kaustubh Sule. This fund is suitable to keep your money safe.
Key Parameters
- Groww Dynamic Bond Fund Direct Plan - Fortnightly IDCW Reinvestment has a NAV of ₹1011.1 as on 02-06-2023.
- Groww Dynamic Bond Fund Direct Plan - Fortnightly IDCW Reinvestment has ₹5 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.
- The fund has an expense ratio 0.4.
Groww Dynamic Bond Fund Direct Plan - Fortnightly IDCW Reinvestment Overview
 | 0.36% |
 Benchmark | CRISIL Composite Bond Fund TR INR |
 | ₹5 Cr |
 | 4 December, 2018 |
 | ₹500/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 8.23% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
100%
Top Holdings of Groww Dynamic Bond Fund Direct Plan - Fortnightly IDCW Reinvestment as on (31-May-23)
Debt Holdings8
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 08.14 MH Sdl 2025 | 19.56% | 0% | |
7.26 8/22/2032 12:00:00 Am | 19.14% | 0% | |
364 DTB 24082023 | 18.58% | 0% | |
5.22 6/15/2025 12:00:00 Am | 18.45% | 0% | |
Power Finance Corporation Ltd. | 11.52% | 0% |
See all
Groww Dynamic Bond Fund Direct Plan - Fortnightly IDCW Reinvestment: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.21% whereas the fund’s underlying benchmark Dynamic Bond Index returns stands at 0.05% as on Apr'23
- This fund outperformed Dynamic Bond Index by 0.16% in Apr'23
AUM Change
- AUM of the fund stands at 5.3 Cr as of Apr'23
- AUM decreased by 20.8 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
Groww Dynamic Bond Fund Direct Plan - Fortnightly IDCW Reinvestment Fund Manager
Kaustubh Sule
Fund Manager of Groww Dynamic Bond Fund Direct Plan - Fortnightly IDCW Reinvestment, since 11 May 2023
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 5.26% since inception which is less than its category average return of 6.03%
AUM size ₹5 Cr
This fund has AUM of ₹5 Cr which is less than its category average of ₹ 1333 Cr
Expense Ratio 0.36%
This fund has an expense ratio of 0.36% which is less than its category average expense ratio of 0.93%
Frequently Asked Questions
The current NAV of Groww Dynamic Bond Fund Direct Plan - Fortnightly IDCW Reinvestment is ₹1011.11 as on 02-Jun-2023.
Existing (Absolute + CAGR) as on 02-Jun-2023.
Groww Dynamic Bond Fund Direct Plan - Fortnightly IDCW Reinvestment | Absolute Returns | CAGR Returns |
1 Month Returns | 0.72% | 0.72% |
6 Month Returns | 3.59% | 3.59% |
1 Year Returns | 6.81% | 6.81% |
3 Years Returns | 15.39% | 4.89% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.36% as on May 2023
₹5 Cr as on May 2023
08.14 MH Sdl 2025(19.56%), 7.26 8/22/2032 12:00:00 Am(19.14%), 364 DTB 24082023(18.58%), 5.22 6/15/2025 12:00:00 Am(18.45%), Power Finance Corporation Ltd.(11.52%) as on May 2023
Yield to Maturity is 7.05 as on May 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.04 as on May 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Kaustubh Sule is the fund manager of Groww Dynamic Bond Fund Direct Plan - Fortnightly IDCW Reinvestment
The Exit load of Groww Dynamic Bond Fund Direct Plan - Fortnightly IDCW Reinvestment is 0%