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

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

2493.937 (-0.067%)

NAV on May 15, 2026

Category Fixed income:
Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 96 cr

Turnover Ratio 482.31%

Expense Ratio 0.35%

Exit Load -

Returns

1M: -0.03%
1Y: 4.94%
3M: 0.66%
3Y: 7.07%
6M: 1.62%
5Y: 5.99%

Min Investment 500

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ADDITIONAL INFO

Fund Manager Kaustubh Sule (Since about 3 years) Wilfred Gonsalves (Since 13 days)

ISIN INF666M01AC0

Fund Family Indiabulls

Launch Date September 13, 2013

Benchmark CRISIL Short Duration Debt TR INR

Avg. Maturity 1.62 years

Yield To Maturity (%) 7.30%

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
ICICI Prudential Short Term Fund Direct Plan Growth Option	68.933	5.66%	21,450 cr	0.45%	Low
Axis Short Duration Fund Direct Plan Growth Option	35.366	5.42%	8,342 cr	0.39%	Below Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	53.841	5.14%	7,291 cr	0.31%	Average
Nippon India Short Duration Fund - Direct Plan - Growth Plan	60.009	5.10%	7,295 cr	0.38%	Average
HDFC Short Term Debt Fund -Direct Plan - Growth Option	34.541	5.05%	15,463 cr	0.40%	Low
Baroda BNP Paribas Short Duration Fund Direct Growth Option	33.085	4.77%	260 cr	0.37%	Average
Kotak Bond Short Term Plan Direct Growth	59.847	4.68%	16,487 cr	0.39%	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
IDBI Short Term Bond Fund Direct Growth	25.797	6.71%	25 cr	0.28%	High
ICICI Prudential Short Term Fund Direct Plan Growth Option	68.933	5.66%	21,450 cr	0.45%	Low
Axis Short Duration Fund Direct Plan Growth Option	35.366	5.42%	8,342 cr	0.39%	Below Average
Bandhan Short Duration Fund Direct Plan Growth	64.041	5.15%	8,376 cr	0.29%	Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	53.841	5.14%	7,291 cr	0.31%	Average
Nippon India Short Duration Fund - Direct Plan - Growth Plan	60.009	5.10%	7,295 cr	0.38%	Average