May 17, 2025
mayank
Groww Gilt Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 10.1053
NAV IDCW: Rs 10.1053
Suitable For Which Investors?
“This is a fund that invests mainly in bonds issued by the government of India. These bonds do not carry any risk of default since the repayment of investors’ money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.”
Fund’s Investment Strategy:
The scheme seeks to generate credit risk-free returns by predominantly investing in sovereign securities issued by the Central Government and/or State Government(s) and/or any security guaranteed by the Government of India, and/or reverse repos in such securities as per applicable RBI Regulations and Guidelines. The Scheme may also be investing in Reverse repo, Triparty repo on Government securities or treasury bills and/or other similar instruments as may be notified from time to time.
Fund Manager:
1) Kaustubh Sule
Education: Mr. Sule is a B.E. (Computer Engineering) & MBA (Finance)
Experience: Prior to joining Groww Mutual Fund (formerly, Indiabulls Mutual Fund), he has worked with Axis Asset Management Company Ltd. HDFC Standard Life Insurance Company Ltd., Reliance Life Insurance Company Ltd., Union Bank of India, Hexaware Technologies Ltd.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Groww Gilt Fund
| Fund House | Groww Mutual Fund |
| Launch Date | 09-May-25 |
| Return Since Launch | 1.05% |
| Benchmark | CRISIL Dynamic Gilt Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs — Cr |
| (As on ) | |
| Expense | –% |
| (As on ) | |
| Risk Grade | — |
| Return Grade | — |
Trailing Returns (%) of Groww Gilt Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Groww Gilt Dir | — | 0.26 | — | — | — | — | — | — | — | — |
| CCIL All Sovereign Bond – TRI | — | 0.24 | — | — | — | — | — | — | — | — |
| Debt: Gilt | — | 0.17 | — | — | — | — | — | — | — | — |
| Rank within category | — | 1 | — | — | — | — | — | — | — | — |
| Number of funds in category | 23 | 25 | 24 | 24 | 23 | 23 | 21 | 20 | 20 | 20 |
Peer Comparison of Groww Gilt Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| SBI Magnum Gilt Dir | 4 star | 11.75 | 9.51 | 7.35 | 0.46 | 11,954 | 9.47 | — | 12Y 4M |
| ICICI Pru Gilt Dir | 5 star | 11.28 | 9.31 | 7.50 | 0.56 | 7,166 | 8.85 | — | 12Y 4M |
| Baroda BNP Paribas Gilt Dir | 4 star | 12.24 | 9.20 | 6.62 | 0.14 | 1,761 | 8.11 | — | 12Y 4M |
| Tata GSF Dir | 4 star | 11.92 | 9.46 | 6.64 | 0.29 | 1,147 | 8.36 | — | 12Y 4M |
| Axis Gilt Dir | 4 star | 12.20 | 9.11 | 7.07 | 0.40 | 836 | 7.97 | — | 12Y 4M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | — | 14 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | — |
Chanakya’s Mutual Fund Guidance For Groww Gilt Fund
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