Item: Groww Short Duration Fund Direct Growth
Rating: 3
Author: Morningstar

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

2246.810 (0.056%)

NAV on October 11, 2024

Category Fixed income:
Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 53 cr

Turnover Ratio 195.05%

Expense Ratio 0.40%

Exit Load -

Returns

1M: 0.76%
1Y: 8.77%
3M: 2.43%
3Y: 5.73%
6M: 4.43%
5Y: 5.68%

Min Investment 500

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ADDITIONAL INFO

Fund Manager Kaustubh Sule (Since over 1 year)

ISIN INF666M01AC0

Fund Family Indiabulls

Launch Date September 13, 2013

Benchmark CRISIL Short Duration Debt TR INR

Avg. Maturity 3.30 years

Yield To Maturity (%) 6.97%

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. The Scheme does not assure or guarantee any returns.

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
Kotak Bond Short Term Plan Direct Growth	53.992	9.04%	16,806 cr	0.37%	Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	48.372	9.00%	8,495 cr	0.38%	Below Average
UTI - Short Duration Fund - Direct Plan - Growth Option	31.827	8.96%	2,884 cr	0.38%	Low
Nippon India Short Term Fund - Direct Plan - Growth Plan	53.810	8.94%	7,122 cr	0.37%	Average
HDFC Short Term Debt Fund -Direct Plan - Growth Option	31.103	8.93%	14,105 cr	0.40%	Below Average
Axis Short Duration Fund Direct Plan Growth Option	31.622	8.91%	9,342 cr	0.36%	Below Average
ICICI Prudential Short Term Fund Direct Plan Growth Option	61.638	8.84%	19,746 cr	0.45%	Low

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
Bandhan Bond Fund - Short Term Plan Direct Plan Growth	57.515	9.08%	8,909 cr	0.33%	Above Average
Kotak Bond Short Term Plan Direct Growth	53.992	9.04%	16,806 cr	0.37%	Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	48.372	9.00%	8,495 cr	0.38%	Below Average
Sundaram Short Duration Fund Direct Plan Growth Option	45.133	9.00%	182 cr	0.29%	Below Average
UTI - Short Duration Fund - Direct Plan - Growth Option	31.827	8.96%	2,884 cr	0.38%	Low
Nippon India Short Term Fund - Direct Plan - Growth Plan	53.810	8.94%	7,122 cr	0.37%	Average