Groww Liquid Fund Unclaimed Redemption < 3 Yrs Direct Growth

Groww Liquid Fund Unclaimed Redemption < 3 Yrs Direct Growth

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Debt
Direct
Liquid
NAV: ₹ 2047.23 as on 29-11-2021

About the Fund

Groww Liquid Fund Unclaimed Redemption < 3 Yrs Direct Growth is a debt fund. This fund was started on 19 January, 2020. The fund is managed by Kaustubh Sule. This fund is suitable to keep your money safe.

Key Parameters

  1. Groww Liquid Fund Unclaimed Redemption < 3 Yrs Direct Growth 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 0.2.

Returns

Groww Liquid Fund Unclaimed Redemption < 3 Yrs Direct Growth has given a CAGR return of 3.58% since inception. Over the last 1 year the fund has given a CAGR return of 3.20%.

Holdings

Groww Liquid Fund Unclaimed Redemption < 3 Yrs Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are National Housing Bank, Bank Of Baroda, Punjab National Bank, Small Industries Development Bank Of India, Export-Import Bank Of India

Taxation

As it is a liquid 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.

Investment objective of Groww Liquid Fund Unclaimed Redemption < 3 Yrs Direct Growth

To provide a high level of liquidity with returns commensurate with low risk through a portfolio of money market and debt securities with maturity of upto 91 days. 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 and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Groww Liquid Fund Unclaimed Redemption < 3 Yrs Direct Growth has no lock in period.

Fund Performance

Overview

Expense ratio
Expense ratio
0.2%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹217 Cr
Inception Date
Inception Date
19 January, 2020
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
0.007%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
359.5%

Groww Liquid Fund Unclaimed Redemption < 3 Yrs 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

Cash Equivalent
53.2%
Corporate
28.1%
Government
18.7%

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

Top Holdings of Groww Liquid Fund Unclaimed Redemption < 3 Yrs Direct Growth as on (31-May-24)

  • Debt & Cash

Debt Holdings21
Holdings
Weight%
1M Change
National Housing Bank
National Housing Bank
9.19%
0%
Bank Of Baroda
Bank Of Baroda
8.41%
0%
Punjab National Bank
Punjab National Bank
7%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
6.07%
0%
Export-Import Bank Of India
Export-Import Bank Of India
5.6%
0%

Fund Manager

Kaustubh Sule
Kaustubh Sule
Fund Manager of Groww Liquid Fund Unclaimed Redemption < 3 Yrs Direct Growth, since 11 May 2023

Groww Liquid Fund Unclaimed Redemption < 3 Yrs Direct Growth 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 3.58% since inception which is less 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 ₹ 12542 Cr
Expense Ratio 0.2%

Expense Ratio 0.2%

This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.24%

Frequently Asked Questions

The current NAV of Groww Liquid Fund Unclaimed Redemption < 3 Yrs Direct Growth is ₹2047.23 as on 29-Nov-2021.
Existing (Absolute + CAGR) as on 29-Nov-2021.
Groww Liquid Fund Unclaimed Redemption < 3 Yrs Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.28%
0.28%
6 Month Returns
1.55%
1.55%
1 Year Returns
3.2%
3.2%
3 Years Returns
0%
0%
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.
0.2% as on May 2024
₹217 Cr as on May 2024
National Housing Bank(9.19%), Bank Of Baroda(8.41%), Punjab National Bank(7%), Small Industries Development Bank Of India(6.07%), Export-Import Bank Of India(5.6%) as on May 2024
Cash Equivalent(48.95%), Corporate(36.35%), Government(14.7%) as on May 2024
Yield to Maturity is 7.11 as on May 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 May 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 Unclaimed Redemption < 3 Yrs Direct Growth
The Exit load of Groww Liquid Fund Unclaimed Redemption < 3 Yrs Direct Growth is 0.01%