Groww Money Market Fund
Get the latest NAV of Groww Money Market Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹10.17
NAV as on 17 Mar 2026
1.65%/per year
Since Inception
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97 people have invested ₹ 1.4L in Groww Money Market Fund in the last three months
Groww Money Market Fund Performance vs. Money Market Index
Fund returns vs Benchmark returns vs Category Average returns as on (17-Mar-26)
The fund has underperformed the benchmark (Money Market Index) over the last 1Y, 3Y, 5Y time periods.
Peer comparison
Groww Money Market Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Groww Money Market Fund Asset Allocation
See fund asset allocation details as on (14-Mar-26)
Fund Distribution
as on (14-Mar-26)
Groww Money Market Fund Sector Allocation
See fund sector allocation details as on (14-Mar-26)
Sector Allocation
Groww Money Market Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.2% |
Benchmark | CRISIL Money Market A-I TR INR |
| AUM | ₹22 Cr |
| Inception Date | 19 November, 2025 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| Risk |   Low to Moderate Risk |
About Groww Money Market Fund
Groww Money Market Fund is a debt fund. This fund was started on 19 November, 2025. The fund is managed by Kaustubh Sule. This fund is suitable to keep your money safe.
Key Parameters
- Groww Money Market Fund has ₹22 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
- The fund has an expense ratio 0.2.
Returns
Groww Money Market Fund has given a CAGR return of 1.65% since inception.
Holdings
Groww Money Market Fund has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are Axis Bank Limited, Bank Of Baroda, Canara Bank**, Export-Import Bank Of India, Ntpc Limited
Taxation
As it is a money market mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Groww Money Market Fund
To generate regular income through investment in a portfolio comprising of money market instruments. However, there is no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Groww Money Market Fund has no lock in period.
Fund Manager
Kaustubh Sule
Fund Manager of Groww Money Market Fund, since 19 November 2025
Frequently Asked Questions for Groww Money Market Fund
How do I invest in Groww Money Market Fund?
- Download the INDmoney app.
- Search for ‘Groww Money Market Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.