Groww Liquid Fund - Direct Plan - Fortnightly IDCW Reinvestment

Groww Liquid Fund - Direct Plan - Fortnightly IDCW Reinvestment

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Debt
Direct
Liquid

NAV: ₹ 1002.8 as on 23-09-2023

Fund Performance

About the Fund

Groww Liquid Fund - Direct Plan - Fortnightly IDCW Reinvestment is a debt fund. This fund was started on 2 February, 2017. The fund is managed by Kaustubh Sule. This fund is suitable to keep your money safe.

Key Parameters

  1. Groww Liquid Fund - Direct Plan - Fortnightly IDCW Reinvestment has ₹148 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Groww Liquid Fund - Direct Plan - Fortnightly IDCW Reinvestment Overview

Expense ratio
Expense ratio
0.25%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹148 Cr
Inception Date
Inception Date
2 February, 2017
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0.007%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
359.5%

Fund Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%

Sector Allocation

Aug'23

Jul'23

Jun'23

Cash Equivalent

64.2%

Corporate

35.8%

Top Holdings of Groww Liquid Fund - Direct Plan - Fortnightly IDCW Reinvestment as on (31-Aug-23)

  • Debt & Cash

Debt Holdings17
Holdings
Weight%
1M Change
Cholamandalam Investment And Fin. Co. Ltd
Cholamandalam Investment And Fin. Co. Ltd
6.69%
0%
ICICI Bank Limited
ICICI Bank Limited
6.65%
0%
IDFC Bank Limited
IDFC Bank Limited
6.64%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
6.64%
100%
ICICI Securities Limited
ICICI Securities Limited
6.63%
0%

Groww Liquid Fund - Direct Plan - Fortnightly IDCW Reinvestment: Monthly Changes Updates

All changes are between Oct'69 and Dec'69

AUM Change

Parameters
Aug'23
Jul'23
Jun'23
AUM
₹ 148.3 Cr
₹ 149.6 Cr
₹ 147.4 Cr
  • AUM of the fund stands at 148.3 Cr as of Aug'23
  • AUM decreased by 1.3 Cr between Aug'23 and Jul'23

Fund Portfolio Changes

Groww Liquid Fund - Direct Plan - Fortnightly IDCW Reinvestment Fund Manager

Kaustubh Sule

Kaustubh Sule

Fund Manager of Groww Liquid Fund - Direct Plan - Fortnightly IDCW Reinvestment, since 11 May 2023

Fund Highlights

Risk meter
pointer

Low to Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 4.3% since inception which is less than its category average return of 4.65%
AUM size ₹148 Cr

AUM size ₹148 Cr

This fund has AUM of ₹148 Cr which is less than its category average of ₹ 11775 Cr
Expense Ratio 0.25%

Expense Ratio 0.25%

This fund has an expense ratio of 0.25% which is more than its category average expense ratio of 0.25%

Frequently Asked Questions

The current NAV of Groww Liquid Fund - Direct Plan - Fortnightly IDCW Reinvestment is ₹1002.8 as on 23-Sep-2023.
Existing (Absolute + CAGR) as on 23-Sep-2023.
Groww Liquid Fund - Direct Plan - Fortnightly IDCW Reinvestment
Absolute Returns
CAGR Returns
1 Month Returns
-0.01%
-0.01%
6 Month Returns
1.34%
1.34%
1 Year Returns
4.55%
4.55%
3 Years Returns
12.02%
3.86%
5 Years Returns
21.84%
4.03%
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.
0.25% as on August 2023
₹148 Cr as on August 2023
Cholamandalam Investment And Fin. Co. Ltd(6.69%), ICICI Bank Limited(6.65%), Small Industries Development Bank Of India(6.64%), IDFC Bank Limited(6.64%), ICICI Securities Limited(6.63%) as on August 2023
Yield to Maturity is 6.99 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 0.11 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 Liquid Fund - Direct Plan - Fortnightly IDCW Reinvestment
The Exit load of Groww Liquid Fund - Direct Plan - Fortnightly IDCW Reinvestment is 0.01%