May 17, 2025
mayank
Groww Nifty 1D Rate Liquid ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 104.0188
Suitable For Which Investors?
“Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don’t need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.
Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The scheme seeks to provide current income, commensurate with relatively low risk while providing a high level of liquidity, primarily through a portfolio of Tri-Party REPO), Repo in Government Securities, Reverse Repos and similar other overnight instruments.
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) | — |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Groww Nifty 1D Rate Liquid ETF
| Fund House | Groww Mutual Fund |
| Launch Date | 24-Sep-24 |
| Return Since Launch | 3.92% |
| Benchmark | NIFTY 1D Rate Index |
| Riskometer | Low |
| Type | Open-ended |
| Assets | Rs 63 Cr |
| (As on 30-Apr-2025) | |
| Expense | 0.29% |
| (As on 30-Apr-2025) | |
| Risk Grade | — |
| Return Grade | — |
Trailing Returns (%) of Groww Nifty 1D Rate Liquid Exchange Traded Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Groww Nifty 1D Rate Liquid ETF | 2.19 | 0.01 | 0.43 | 1.38 | 3.05 | — | — | — | — | — |
| CCIL T Bill Liquidity Weight | 2.09 | 0.02 | 0.44 | 1.40 | 2.55 | — | — | — | — | — |
| Debt: Liquid | 2.53 | 0.02 | 0.48 | 1.64 | 3.38 | — | — | — | — | — |
| Rank within category | 44 | 48 | 47 | 45 | 38 | — | — | — | — | — |
| Number of funds in category | 49 | 51 | 51 | 49 | 48 | 44 | 38 | 37 | 33 | 30 |
Peer Comparison of Groww Nifty 1D Rate Liquid Exchange Traded 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 | |
| Groww Nifty 1D Rate Liquid ETF | Unrated | — | — | — | 0.29 | 63 | 3.92 | — | 7M |
| Nippon India ETF Nifty 1D Rate Liquid BeES | Unrated | 5.76 | 5.53 | 4.29 | 0.69 | 12,878 | 5.83 | — | 21Y 10M |
| Zerodha Nifty 1D Rate Liquid ETF | Unrated | 6.24 | — | — | 0.27 | 4,746 | 6.38 | — | 1Y 4M |
| DSP BSE Liquid Rate ETF | Unrated | 6.21 | — | — | 0.30 | 2,527 | 6.35 | — | 1Y 1M |
| ICICI Pru BSE Liquid Rate ETF – IDCW | Unrated | 6.25 | 6.12 | 4.77 | 0.31 | 2,320 | 4.82 | — | 6Y 7M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 1 | 68 |
| Macaulay Duration (yrs) | 0.01 | 0.10 |
| Average Maturity (yrs) | 0.01 | 0.10 |
| Yield to Maturity (%) | 5.98 | 6.39 |
| Avg Credit Rating | Cash | — |
Chanakya’s Mutual Fund Guidance For Groww Nifty 1D Rate Liquid Exchange Traded Fund
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