Groww Liquid Fund Direct Plan Growth Option

Groww Liquid Fund Direct Plan Growth Option

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Debt
Direct
Liquid
NAV: ₹ 2366.91 as on 28-05-2024

About the Fund

Groww Liquid Fund Direct Plan Growth Option is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kaustubh Sule. This fund is suitable to keep your money safe.

Key Parameters

  1. Groww Liquid Fund Direct Plan Growth Option has ₹217 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.
Fund Performance
zero opening, trading, fund transfer fee
108 people have invested ₹ 12.3L in Groww Liquid Fund Direct Plan Growth Option in the last three months

Overview

Expense ratio
Expense ratio
0.1%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹217 Cr
Inception Date
Inception Date
1 January, 2013
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%

Groww Liquid Fund Direct Plan Growth Option Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Cash Equivalent
53.2%
Corporate
28.1%
Government
18.7%

Top Holdings of Groww Liquid Fund Direct Plan Growth Option as on (30-Apr-24)

  • Debt & Cash

Debt Holdings22
Holdings
Weight%
1M Change
ICICI Bank Limited
ICICI Bank Limited
9.17%
0%
Bank Of Baroda
Bank Of Baroda
8.26%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
7.82%
0%
Punjab National Bank
Punjab National Bank
6.88%
0%
Export-Import Bank Of India
Export-Import Bank Of India
5.5%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 212.6 Cr
₹ 196.4 Cr
₹ 191.1 Cr
  • AUM of the fund stands at 212.6 Cr as of Apr'24
  • AUM increased by 16.2 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
In the last 1 year, Edelweiss Liquid Fund Direct Growth has given 7.41% return, outperforming this fund by 0.08%.
Insights icon
This fund has one of the lowest expense ratio in the category (liquid). Its expense ratio is 0.1% which is lower than the category average expense ratio of 0.27%.
Insights icon
In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.77% return, outperforming this fund by 0.67% per annum.
Insights icon
Over the last 3 months, this fund has experienced a 23.3% growth in AUM moving from 175.99 Cr to 216.96 Cr.
Insights icon
In the last 3 years, Quant Liquid Plan Growth Option Direct Plan has given 5.8% return, outperforming this fund by 0.3% per annum.

Fund Manager

Kaustubh Sule
Kaustubh Sule
Fund Manager of Groww Liquid Fund Direct Plan Growth Option, since 11 May 2023

Groww Liquid Fund Direct Plan Growth Option 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 6.8% since inception which is more than its category average return of 4.81%
AUM size ₹217 Cr

AUM size ₹217 Cr

This fund has AUM of ₹217 Cr which is less than its category average of ₹ 12477 Cr
Expense Ratio 0.1%

Expense Ratio 0.1%

This fund has an expense ratio of 0.1% which is less than its category average expense ratio of 0.24%

Frequently Asked Questions

The current NAV of Groww Liquid Fund Direct Plan Growth Option is ₹2366.91 as on 28-May-2024.
Existing (Absolute + CAGR) as on 28-May-2024.
Groww Liquid Fund Direct Plan Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
0.6%
0.6%
6 Month Returns
3.75%
3.75%
1 Year Returns
7.33%
7.33%
3 Years Returns
17.43%
5.5%
5 Years Returns
28.19%
5.09%
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.
0.1% as on April 2024
₹217 Cr as on April 2024
ICICI Bank Limited(9.17%), Bank Of Baroda(8.26%), Small Industries Development Bank Of India(7.82%), Punjab National Bank(6.88%), Export-Import Bank Of India(5.5%) as on April 2024
Cash Equivalent(48.95%), Corporate(36.35%), Government(14.7%) as on April 2024
Yield to Maturity is 7.11 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 0.11 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 Liquid Fund Direct Plan Growth Option
The Exit load of Groww Liquid Fund Direct Plan Growth Option is 0.01%