Groww Dynamic Bond Direct Growth
Debt
Direct
Dynamic Bond
NAV: ₹ 1390.05 as on 18-04-2024
Fund Performance
6 people have invested ₹ 9.1K in Groww Dynamic Bond Direct Growth in the last three months
Mutual Fund Insights
In the last 3 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 10.67% return, outperforming this fund by 5.65% per annum.
In the last 5 years, ICICI Prudential All Seasons Bond Fund Direct Plan Growth has given 8.33% return, outperforming this fund by 2.27% per annum.
In the last 1 year, DSP Strategic Bond Fund Direct Plan Growth has given 9.08% return, outperforming this fund by 3.05%.
This fund has one of the lowest expense ratio in the category (dynamic bond). Its expense ratio is 0.45% which is lower than the category average expense ratio of 0.98%.
About the Groww Dynamic Bond Direct Growth
Groww Dynamic Bond 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.
Key Parameters
- Groww Dynamic Bond Direct Growth has ₹38 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 Direct Growth Overview
 | 0.45% |
 Benchmark | CRISIL Composite Bond Fund TR INR |
 | ₹38 Cr |
 | 4 December, 2018 |
 | ₹100/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 50.65% |
Groww Dynamic Bond Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
51.7%
Cash Equivalent
30.8%
Corporate
17.4%
Top Holdings of Groww Dynamic Bond Direct Growth as on (31-Mar-24)
Debt Holdings9
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 34.57% | 0% | |
Small Industries Development Bank Of India | 9.12% | 0% | |
Bank Of Baroda | 9.11% | 0% | |
7.06% Govt Stock 2028 | 5.25% | 0% | |
7.26% Govt Stock 2033 | 3.73% | 0% |
See all
Groww Dynamic Bond Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 37.9 Cr as of Mar'24
- AUM increased by 0.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Groww Dynamic Bond Direct Growth Fund Manager
Kaustubh Sule
Fund Manager of Groww Dynamic Bond Direct Growth, since 11 May 2023
Top funds managed
Groww Dynamic Bond Direct Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.32% since inception which is more than its category average return of 5.81%
AUM size ₹38 Cr
This fund has AUM of ₹38 Cr which is less than its category average of ₹ 1431 Cr
Expense Ratio 0.45%
This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 0.93%
Frequently Asked Questions
The current NAV of Groww Dynamic Bond Direct Growth is ₹1390.05 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Groww Dynamic Bond Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.18% | 0.18% |
6 Month Returns | 4.2% | 4.2% |
1 Year Returns | 6.03% | 6.03% |
3 Years Returns | 15.81% | 5.01% |
5 Years Returns | 34.21% | 6.06% |
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 March 2024
₹38 Cr as on March 2024
7.18% Govt Stock 2033(34.57%), Small Industries Development Bank Of India(9.12%), Bank Of Baroda(9.11%), 7.06% Govt Stock 2028(5.25%), 7.26% Govt Stock 2033(3.73%) as on March 2024
Government(51.72%), Cash Equivalent(30.84%), Corporate(17.44%) as on March 2024
Yield to Maturity is 6.9 as on March 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 2.96 as on March 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 Dynamic Bond Direct Growth
The Exit load of Groww Dynamic Bond Direct Growth is 0%