May 19, 2025
mayank
Groww Short Duration Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 2,380.0167
Weekly NAV IDCW: Rs 1,018.2527
NAV IDCW Monthly: Rs 1,021.1869
Fortnightly NAV IDCW: Rs 1,017.1297
Suitable For Which Investors?
“Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The scheme will endeavor to generate stable returns over short term with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market 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) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 5,000 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Groww Short Duration Fund
| Fund House | Groww Mutual Fund |
| Launch Date | 13-Sep-13 |
| Return Since Launch | 7.71% |
| Benchmark | CRISIL Short Duration Debt A-II Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 67 Cr |
| (As on 30-Apr-2025) | |
| Expense | 0.40% |
| (As on 30-Apr-2025) | |
| Risk Grade | Above Average |
| Return Grade | Below Average |
Trailing Returns (%) of Groww Short Duration Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Groww Short Duration Dir | 4.49 | 0.14 | 1.11 | 3.48 | 5.45 | 9.92 | 7.63 | 6.18 | 6.61 | 7.29 |
| CCIL T Bill Liquidity Weight | 2.09 | 0.02 | 0.44 | 1.40 | 2.55 | 5.15 | 4.41 | 3.47 | 3.72 | 3.94 |
| Debt: Short Duration | 4.42 | 0.13 | 1.05 | 3.43 | 5.40 | 9.91 | 8.05 | 7.17 | 7.36 | 7.58 |
| Rank within category | 12 | 8 | 7 | 12 | 13 | 14 | 21 | 20 | 17 | 13 |
| Number of funds in category | 25 | 26 | 26 | 26 | 25 | 25 | 23 | 21 | 19 | 17 |
Peer Comparison of Groww Short Duration 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 Short Duration Dir | 2 star | 9.92 | 7.63 | 6.18 | 0.40 | 67 | 7.71 | — | 11Y 8M |
| ICICI Pru Short Term Dir | 5 star | 9.82 | 8.62 | 7.73 | 0.45 | 20,969 | 8.63 | — | 12Y 4M |
| HDFC Short Term Debt Dir | 4 star | 9.89 | 8.14 | 7.29 | 0.40 | 15,030 | 8.18 | — | 12Y 4M |
| Axis Short Duration Dir | 4 star | 10.18 | 8.18 | 7.20 | 0.36 | 9,640 | 8.30 | — | 12Y 4M |
| ABSL Short Term Dir | 5 star | 10.04 | 8.30 | 7.90 | 0.36 | 8,343 | 8.72 | — | 12Y 4M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 15 | 59 |
| Macaulay Duration (yrs) | 2.80 | 2.88 |
| Average Maturity (yrs) | 3.19 | 3.69 |
| Yield to Maturity (%) | 6.86 | 6.84 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Groww Short Duration Fund
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