Groww Dynamic Bond Fund 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.
Groww Dynamic Bond Fund Direct Growth has given a CAGR return of 6.44% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.93%, 5.30% and 5.75% respectively.
Groww Dynamic Bond Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent, Corporate. Its top holdings are 7.37% Govt Stock 2028, 7.1% Govt Stock 2034, 7.06% Govt Stock 2028, National Bank For Agriculture And Rural Development, National Housing Bank
As it is a dynamic bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
To generate reasonable returns commensurate with the risk taken by active duration management of the portfolio. The Scheme would be investing in debt instruments including but not limited to bonds, debentures, government securities and money market instruments over various maturity periods. However, there can be no assurance that the investment objective of the scheme will be achieved. The Scheme does not assure or guarantee any returns.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 1000.00. Groww Dynamic Bond Fund Direct Growth has no lock in period.
Expense ratio | 0.45% |
Benchmark | CRISIL Composite Bond Fund TR INR |
AUM | ₹39 Cr |
Inception Date | 4 December, 2018 |
Min Lumpsum/SIP | ₹100/₹1000 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 50.65% |
Risk | Moderate Risk |
Groww Dynamic Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.68% | 0.68% |
6 Month Returns | 3.84% | 3.84% |
1 Year Returns | 6.93% | 6.93% |
3 Years Returns | 16.75% | 5.3% |
5 Years Returns | 32.23% | 5.75% |
AAA | 100 |