Item: Groww Short Duration Fund Direct Plan Fortnightly Reinvestment Inc Dist cum Cap Wdrl
Rating: 2
Author: Morningstar

Home › Mutual Funds › Indiabulls Mutual Fund › Groww Short Duration Fund Direct Plan Fortnightly Reinvestment Inc Dist cum Cap Wdrl

1015.510 (0.015%)

NAV on November 22, 2024

Category Fixed income:
Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 59 cr

Turnover Ratio 195.05%

Expense Ratio 0.40%

Exit Load -

Returns

1M: 0.57%
1Y: 8.70%
3M: 1.57%
3Y: 5.71%
6M: 4.42%
5Y: 5.79%

Min Investment 500

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ADDITIONAL INFO

Fund Manager Kaustubh Sule (Since over 1 year)

ISIN INF666M01AE6

Fund Family Indiabulls

Launch Date February 15, 2016

Benchmark CRISIL Short Duration Debt TR INR

Avg. Maturity 2.39 years

Yield To Maturity (%) 7.05%

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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Kotak Bond Short Term Plan Direct Growth	54.336	8.68%	17,008 cr	0.37%	Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	48.678	8.67%	9,044 cr	0.38%	Low
Nippon India Short Term Fund - Direct Plan - Growth Plan	54.167	8.65%	7,665 cr	0.38%	Average
HDFC Short Term Debt Fund -Direct Plan - Growth Option	31.302	8.63%	14,972 cr	0.40%	Below Average
Axis Short Duration Fund Direct Plan Growth Option	31.829	8.61%	9,301 cr	0.36%	Below Average
UTI - Short Duration Fund - Direct Plan - Growth Option	32.015	8.61%	2,676 cr	0.41%	Low
ICICI Prudential Short Term Fund Direct Plan Growth Option	62.104	8.56%	20,002 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
IDBI Short Term Bond Fund Direct Growth	25.797	6.71%	25 cr	0.28%	High