Groww Dynamic Bond Fund Direct Plan - Monthly IDCW Reinvestment
Debt
Direct
Dynamic Bond
NAV: ₹ 1010.8 as on 25-09-2023
Fund Performance
About the Fund
Groww Dynamic Bond Fund Direct Plan - Monthly IDCW Reinvestment 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 - Monthly IDCW Reinvestment has ₹28 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.5.
Groww Dynamic Bond Fund Direct Plan - Monthly IDCW Reinvestment Overview
 | 0.45% |
 Benchmark | CRISIL Composite Bond Fund TR INR |
 | ₹28 Cr |
 | 4 December, 2018 |
 | ₹100/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 50.65% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
63.6%
Cash Equivalent
36.4%
Top Holdings of Groww Dynamic Bond Fund Direct Plan - Monthly IDCW Reinvestment as on (31-Aug-23)
Debt Holdings4
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.26% Govt Stock 2033 | 29.26% | 32.3% | |
7.06% Govt Stock 2028 | 27.19% | 0% | |
National Bank For Agriculture And Rural Development | 5.44% | 0% | |
7.38% Govt Stock 2027 | 1.83% | 0% |
Groww Dynamic Bond Fund Direct Plan - Monthly IDCW Reinvestment: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 27.5 Cr as of Aug'23
- AUM decreased by 8.9 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Groww Dynamic Bond Fund Direct Plan - Monthly IDCW Reinvestment Fund Manager
Kaustubh Sule
Fund Manager of Groww Dynamic Bond Fund Direct Plan - Monthly 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 4.42% since inception which is less than its category average return of 5.88%
AUM size ₹28 Cr
This fund has AUM of ₹28 Cr which is less than its category average of ₹ 1364 Cr
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 Fund Direct Plan - Monthly IDCW Reinvestment is ₹1010.84 as on 25-Sep-2023.
Existing (Absolute + CAGR) as on 25-Sep-2023.
Groww Dynamic Bond Fund Direct Plan - Monthly IDCW Reinvestment | Absolute Returns | CAGR Returns |
1 Month Returns | 0.54% | 0.54% |
6 Month Returns | 1.75% | 1.75% |
1 Year Returns | 5.23% | 5.23% |
3 Years Returns | 14.69% | 4.67% |
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.
0.45% as on August 2023
₹28 Cr as on August 2023
Yield to Maturity is 6.92 as on August 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 3.2 as on August 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 - Monthly IDCW Reinvestment
The Exit load of Groww Dynamic Bond Fund Direct Plan - Monthly IDCW Reinvestment is 0%