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Groww Short Duration Fund - Direct (IDCW-F)

Short Duration Fund
Invest Now

  • NAV

    1015.51(0.03%)

  • Fund Size (CR)

    ₹58.76

  • Expense Ratio

    0.4

  • Scheme Type

    Active Fund

  • Value Research

  • Min. investment

    ₹500

  • Minimum Additional Investment

    ₹100

  • Minimum SIP Investment

    ₹100

  • Minimum Withdrawal

    ₹100

  • Exit Load Nil

    0%

  • Return Since Launch

    6.50%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: 0.03%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Kaustubh Sule

Bench Mark

CRISIL Short Duration Debt A-II Index

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 23 December 202410008.740.09%-0.12%116/187
1 Month29 November 202410050.240.50%-0.46%46/187
3 Month30 September 202410150.601.51%-1.50%102/187
6 Month28 June 202410413.054.13%-3.88%62/187
1 Year29 December 202310877.398.77%8.77%7.53%8/187
3 Year30 December 202111877.5318.78%5.90%6.20%104/172
5 Year30 December 201913191.0931.91%5.70%6.32%126/158
Since Inception15 February 201617488.3674.88%6.50%7.01%145/187

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 January 20241,30,000224275.5772.52% 72.52%
3 Year3 January 20223,70,000639018.7672.71% 19.98%
5 Year1 January 20206,10,0001054566.5272.88% 11.57%
10 Year-----

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.36%

Standard Deviation

0.04%

Beta

-0.93%

Sharpe Ratio

1.30%

Treynor's Ratio

-1.39%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
N A B A R D8.53%5000005.04NCDDebt Others
Power Fin.Corpn.8.51%5000005.03NCDDebt Others
Bajaj Finance8.50%5000005.02NCDDebt Others
Bajaj Housing8.49%5000005.02NCDDebt Others
S I D B I8.17%4800004.83NCDDebt Others
REC Ltd5.11%3000003.02NCDDebt Others
LIC Housing Fin.5.09%3000003.01NCDDebt Others
Gsec202917.16%100000010.14Govt. SecuritiesGovt. Securities
GSEC20287.79%4500004.60Govt. SecuritiesGovt. Securities
Karnataka 20271.73%1000001.02Govt. SecuritiesGovt. Securities

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
Groww Short Duration Fund - Direct (IDCW-F)
58.760.50%1.51%4.13%8.77%5.90%
Bank of India Short Term Income - Direct (G)
81.870.51%3.28%5.81%9.61%14.14%
Bank of India Short Term Income - Direct (IDCW-Q)
81.870.51%3.28%5.81%9.61%14.14%
Bank of India Short Term Income - Direct (IDCW-M)
81.870.51%3.28%5.81%9.61%14.13%
Invesco India Short Duration Fund - Direct (IDCW-D)
485.320.42%1.55%4.21%8.97%6.77%
Groww Short Duration Fund - Direct (IDCW-F)
58.760.50%1.51%4.13%8.77%5.90%

News

  • Groww Mutual Fund Change in minimum lumpsum investment amount

    Groww Mutual Fund announces that the minimum lumpsum investment amount for Groww Dynamic Bond Fund stands modified as under with effect from December 04, 2024.

    Scheme Name Existing Lumpsum investment amount Revised Lumpsum investment amount
    Groww Dynamic Bond Fund Rs. 100 and in multiples of Re. 1/- thereafter Rs. 500 and in multiples of Re.1 thereafter
    Groww Overnight Fund Rs. 100 and in multiples of Re. 1/- thereafter Rs. 500/- and in multiples of Re. 1/- thereafter
    Groww Liquid Fund Rs. 100/- and in multiples of Re. 1/- thereafter Rs. 500/- and in multiples of Re. 1/- thereafter
    Groww Short Duration Fund Rs. 100/- and in multiples of Re. 1/- thereafter Rs. 500/- and in multiples of Re. 1/- thereafter
    Groww Value Fund Rs. 10 and in multiples of Re. 1/- thereafter Rs. 500/- and in multiples of Re. 1/- thereafter
    Groww Total Market Index Fund Rs. 100/- and in multiples of Re. 1/- thereafter Rs. 500/- and in multiples of Re. 1/- thereafter

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

22 August 2013

Total AUM (Cr)

₹59.11

Groww Short Duration Fund - Direct (IDCW-F) is an Short Duration Fund-oriented fund from the renowned AMC, Groww Mutual Fund. Launched in 22 August 2013, this fund is managed by Kaustubh Sule. With assets under management (AUM) worth ₹59.11 (Cr), as of 1 January 2025, Groww Short Duration Fund - Direct (IDCW-F) is categorized as a Short Duration Fund within its segment. The fund has generated a return of 6.50% since its launch.
The current NAV of Groww Short Duration Fund - Direct (IDCW-F) is ₹1,015.52, as on 1 January 2025. The fund's benchmark index is CRISIL Short Duration Debt A-II Index. You can invest in Groww Short Duration Fund - Direct (IDCW-F) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹500.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 5.90% and 5.70% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 105.58% in Debt and -5.58% in cash and cash equivalents.

FAQs

How to Invest in Groww Short Duration Fund - Direct (IDCW-F) Direct Growth?

Groww Short Duration Fund - Direct (IDCW-F) is a popular fund in the Short Duration Fund segment. The fund has generated a return of 6.50% since inception. Looking to invest in Groww Short Duration Fund - Direct (IDCW-F) How about earning 1% extra return? All this is possible with m.Stock! Investing in Groww Short Duration Fund - Direct (IDCW-F) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Groww Short Duration Fund - Direct (IDCW-F)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Groww Short Duration Fund - Direct (IDCW-F) today and reap the benefits of this Short Duration Fund fund!

How much returns has Groww Short Duration Fund - Direct (IDCW-F) Direct Growth generated?

In the short term, i.e., 1 year, Groww Short Duration Fund - Direct (IDCW-F) has generated annualised return of 8.77%. In the long-term, the fund has generated 5.90% and 5.70% in 3 and 5 years respectively. Since its inception, the fund has generated 6.50% returns.

What is the expense ratio of Groww Short Duration Fund - Direct (IDCW-F) Direct Growth?

The expense ratio of Groww Short Duration Fund - Direct (IDCW-F) Direct Growth is 0.40%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Groww Short Duration Fund - Direct (IDCW-F) Fund Direct Growth?

The Assets Under Management (AUM) of Groww Short Duration Fund - Direct (IDCW-F) is ₹59.11 (Cr) as of 2025-01-01 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Groww Short Duration Fund - Direct (IDCW-F) Direct Growth?

Redeeming or selling units of Groww Short Duration Fund - Direct (IDCW-F) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from Groww Short Duration Fund - Direct (IDCW-F):
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Groww Short Duration Fund - Direct (IDCW-F)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.