Item: Groww Short Duration Fund Direct Growth
Rating: 4
Author: Morningstar

Home › Mutual Funds › Indiabulls Mutual Fund › Groww Short Duration Fund Direct Growth

2087.261 (-0.008%)

NAV on December 01, 2023

Category Fixed income:
Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 37 cr

Turnover Ratio 78.21%

Expense Ratio 0.40%

Exit Load -

Returns

1M: 0.68%
1Y: 5.95%
3M: 1.52%
3Y: 4.29%
6M: 2.50%
5Y: 5.54%

Min Investment 500

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ADDITIONAL INFO

Fund Manager Karan Singh (Since over 5 years) Kaustubh Sule (Since 7 months)

ISIN INF666M01AC0

Fund Family Indiabulls

Launch Date September 13, 2013

Benchmark CRISIL Short Duration Debt TR INR

Avg. Maturity 1.98 years

Yield To Maturity (%) 7.33%

INVESTMENT OBJECTIVE

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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
ICICI Prudential Short Term Fund Direct Plan Growth Option	57.269	7.69%	18,811 cr	0.45%	Low
Baroda BNP Paribas Short Duration Fund Direct Growth Option	27.690	7.34%	237 cr	0.38%	Average
HDFC Short Term Debt Fund -Direct Plan - Growth Option	28.842	7.19%	12,302 cr	0.37%	Below Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	44.831	7.13%	6,023 cr	0.38%	Low
Nippon India Short Term Fund - Direct Plan - Growth Plan	49.898	7.07%	6,151 cr	0.37%	Average
Axis Short Term Fund Direct Plan Growth Option	29.330	6.96%	7,821 cr	0.35%	Low
SBI Short Term Debt Fund Direct Growth	29.836	6.84%	13,518 cr	0.35%	Below Average

Best Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Sundaram Short Term Debt Fund - Direct Plan - Growth Option	39.099	13.62%	330 cr	0.28%	Above Average
ICICI Prudential Short Term Fund Direct Plan Growth Option	57.269	7.69%	18,811 cr	0.45%	Low
Baroda BNP Paribas Short Duration Fund Direct Growth Option	27.690	7.34%	237 cr	0.38%	Average
UTI - Short Duration Fund - Direct Plan - Growth Option	29.511	7.20%	2,385 cr	0.32%	Above Average
HDFC Short Term Debt Fund -Direct Plan - Growth Option	28.842	7.19%	12,302 cr	0.37%	Below Average
Tata Short Term Bond Fund Direct Plan Growth	46.371	7.14%	2,254 cr	0.47%	Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	44.831	7.13%	6,023 cr	0.38%	Low