Groww Dynamic Bond Direct Growth

Groww Dynamic Bond Direct Growth

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Debt
Direct
Dynamic Bond
NAV: ₹ 1403.67 as on 29-05-2024

About the Fund

Groww Dynamic Bond Direct Growth 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

  1. Groww Dynamic Bond Direct Growth has ₹38 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.5.
Fund Performance
zero opening, trading, fund transfer fee
6 people have invested ₹ 3.6K in Groww Dynamic Bond Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.45%
Benchmark
Benchmark
CRISIL Composite Bond Fund TR INR
AUM
AUM
₹38 Cr
Inception Date
Inception Date
4 December, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
50.65%

Groww Dynamic Bond Direct Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Government
53.7%
Cash Equivalent
27.9%
Corporate
18.4%

Top Holdings of Groww Dynamic Bond Direct Growth as on (30-Apr-24)

  • Debt & Cash

Debt Holdings12
Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
21.08%
0%
7.37% Govt Stock 2028
7.37% Govt Stock 2028
13.24%
100%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
9.14%
0%
Bank Of Baroda
Bank Of Baroda
9.13%
0%
ICICI Bank Limited
ICICI Bank Limited
5.21%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 38 Cr
₹ 37.9 Cr
₹ 37.7 Cr
  • AUM of the fund stands at 38 Cr as of Apr'24
  • AUM increased by 0.1 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
In the last 1 year, Bandhan Dynamic Bond Fund - Direct Plan - Growth has given 8.53% return, outperforming this fund by 2.19%.
Insights icon
This fund has one of the lowest expense ratio in the category (dynamic bond). Its expense ratio is 0.45% which is lower than the category average expense ratio of 0.99%.
Insights icon
In the last 5 years, ICICI Prudential All Seasons Bond Fund Direct Plan Growth has given 8.26% return, outperforming this fund by 2.34% per annum.
Insights icon
In the last 3 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 11% return, outperforming this fund by 5.98% per annum.

Fund Manager

Kaustubh Sule
Kaustubh Sule
Fund Manager of Groww Dynamic Bond Direct Growth, since 11 May 2023

Groww Dynamic Bond Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.38% since inception which is more than its category average return of 5.87%
AUM size ₹38 Cr

AUM size ₹38 Cr

This fund has AUM of ₹38 Cr which is less than its category average of ₹ 1482 Cr
Expense Ratio 0.45%

Expense Ratio 0.45%

This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 0.95%

Frequently Asked Questions

The current NAV of Groww Dynamic Bond Direct Growth is ₹1403.67 as on 29-May-2024.
Existing (Absolute + CAGR) as on 29-May-2024.
Groww Dynamic Bond Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.84%
0.84%
6 Month Returns
4.09%
4.09%
1 Year Returns
6.34%
6.34%
3 Years Returns
15.83%
5.02%
5 Years Returns
33.34%
5.92%
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.
0.45% as on April 2024
₹38 Cr as on April 2024
7.18% Govt Stock 2033(21.08%), 7.37% Govt Stock 2028(13.24%), Small Industries Development Bank Of India(9.14%), Bank Of Baroda(9.13%), ICICI Bank Limited(5.21%) as on April 2024
Government(43.05%), Cash Equivalent(36.1%), Corporate(20.85%) as on April 2024
Yield to Maturity is 7.02 as on April 2024. 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 2.87 as on April 2024. 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 Direct Growth
The Exit load of Groww Dynamic Bond Direct Growth is 0%