Groww Short Duration Fund Direct Growth

Groww Short Duration Fund Direct Growth

Get the latest NAV of Groww Short Duration Fund Direct Growth. 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.

₹2363.76

-0.1%1D

NAV as on 09 May 2025

7.66%/per year

Since Inception

Absolute Gain%

46 people have invested ₹ 80K in Groww Short Duration Fund Direct Growth in the last three months

Fund Performance

as on (09-May-25)

Period
This Fund
Short Duration Index
1 Month
0.72%
0.69%
3 Months
2.84%
2.63%
6 Months
4.77%
4.36%
1 Year
9.4%
8.89%
3 Years
7.47%
7.32%
5 Years
6.03%
6.65%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Groww Short Duration Fund
-
67Cr
0.4%
9.4%
7.47%
7.66%
ICICI Prudential Short Term Fund Direct Growth
1/13
20,858Cr
0.45%
9.48%
8.53%
8.6%
HDFC Short Term Debt Fund Direct Growth
5/13
14,208Cr
0.4%
9.43%
7.97%
8.14%
SBI Short Term Debt Fund Direct Growth
7/13
14,429Cr
0.4%
9.52%
7.71%
7.9%

Groww Short Duration Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Total Investment

0

Profit


Total Corpus

0

Absolute Return

Groww Short Duration Fund Asset Allocation

See fund asset allocation details as on (15-Apr-25)

Fund Distribution

as on (15-Apr-25)

Debt & Cash 99.8%

AAA
100%

Cash allocation has gone up from 9.7% to 12.8%
Cash allocation has gone up from 9.7% to 12.8%
Debt allocation has gone down from 90.1% to 87%
Debt allocation has gone down from 90.1% to 87%

Groww Short Duration Fund Sector Allocation

See fund sector allocation details as on (15-Apr-25)

Sector Allocation

Debt & Cash 99.8%

Government
51.2%
Corporate
40.8%
Cash Equivalent
7.9%

Top 2 Sectors in March were Corporate, Government

Mar'25

Corporate

69%

Government

24%

Feb'25

Corporate

48%

Government

42%

Groww Short Duration Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.4%
Benchmark
CRISIL Short Duration Debt TR INR
AUM₹67 Cr
Inception Date13 September, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
195.05%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

About Groww Short Duration Fund

Groww Short Duration Fund Direct Growth is a debt fund. This fund was started on 13 September, 2013. The fund is managed by Kaustubh Sule. This fund is suitable to keep your money safe.

Key Parameters

  1. Groww Short Duration Fund Direct Growth has ₹67 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Groww Short Duration Fund Direct Growth has given a CAGR return of 7.66% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.40%, 7.47% and 6.03% respectively.

Holdings

Groww Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Rural Electrification Corporation Limited, National Housing Bank, National Bank For Agriculture And Rural Development, Small Industries Development Bank Of India, Ultratech Cement Ltd. 7.34%

Taxation

As it is a short duration 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 Short Duration Fund Direct Growth

The Scheme will endeavor to generate stable returns over short term with a low risk strategy while maintaining liquidity through a portfolio comprising debt and money market instruments such that the Macaulay duration of the portfolio is between 1 year – 3 years. 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 500.00 and for SIP is INR 500.00. Groww Short Duration Fund Direct Growth has no lock in period.

Fund Manager

Kaustubh Sule

Fund Manager of Groww Short Duration Fund Direct Growth, since 11 May 2023

Learn more about Groww Mutual Fund
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 67.4 Cr
₹ 66 Cr
₹ 60.6 Cr
  • AUM of the fund stands at 67.4 Cr as of Mar'25
  • AUM increased by 1.4 Cr between Mar'25 and Feb'25

Frequently Asked Questions for Groww Short Duration Fund Direct Growth

What is the current NAV of Groww Short Duration Fund Direct Growth?

The current NAV of Groww Short Duration Fund Direct Growth is ₹2363.76 as on 09-May-2025.

What are the average returns of Groww Short Duration Fund Direct Growth?

Existing (Absolute + CAGR) as on 09-May-2025.
Groww Short Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.72%
0.72%
6 Month Returns
4.77%
4.77%
1 Year Returns
9.4%
9.4%
3 Years Returns
24.14%
7.47%

How do I invest in Groww Short Duration Fund Direct Growth?

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.

What is the expense ratio of Groww Short Duration Fund Direct Growth?

0.4% as on April 2025

What is net assets under management (AUM) of Groww Short Duration Fund Direct Growth?

₹67 Cr as on April 2025

What are the top 5 holdings of Groww Short Duration Fund Direct Growth?

Rural Electrification Corporation Limited(7.71%), National Housing Bank(7.67%), National Bank For Agriculture And Rural Development(7.67%), Small Industries Development Bank Of India(7.62%), Ultratech Cement Ltd. 7.34%(7.61%) as on April 2025

What are the top 3 sectors that this Groww Short Duration Fund Direct Growth has invested in?

Corporate(70.41%), Government(25.25%), Cash Equivalent(4.34%) as on April 2025

What is the yield to maturity ratio of Groww Short Duration Fund Direct Growth?

Yield to Maturity is 7.21 as on April 2025. 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.

What is the modified duration of Groww Short Duration Fund Direct Growth?

Modified Duration is 2.67 as on April 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.

What is the credit rating breakup of Groww Short Duration Fund Direct Growth?

AAA
100

Who is the manager of Groww Short Duration Fund Direct Growth?

Kaustubh Sule is the fund manager of Groww Short Duration Fund Direct Growth

What is the exit load of Groww Short Duration Fund Direct Growth?

The Exit load of Groww Short Duration Fund Direct Growth is 0%