Fund Overview
Fund Size
₹62 Cr
Expense Ratio
0.29%
ISIN
INF666M01IP5
Minimum SIP
₹500
Exit Load
-
Inception Date
24 Sep 2024
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹101.06, Assets Under Management (AUM) of 62.35 Crores, and an expense ratio of 0.29%.
- Groww Nifty 1D Rate Liquid ETF has given a CAGR return of 1.06% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 100.00% in cash & cash equivalents.
- You can start investing in Groww Nifty 1D Rate Liquid ETF with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
Since Inception
+1.06%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Others | ₹62.35 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Reverse Repo 04-Nov-24 | Cash - Repurchase Agreement | ₹61.69 Cr | 98.95% |
| 91 DTB 07112024 | Bond - Gov't/Treasury | ₹0.5 Cr | 0.80% |
| Ccil | Cash - Repurchase Agreement | ₹0.16 Cr | 0.26% |
| Net Receivable/Payable | Cash | ₹-0 Cr | 0.01% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Repurchase Agreement | ₹61.85 Cr | 99.21% |
| Bond - Gov't/Treasury | ₹0.5 Cr | 0.80% |
| Cash | ₹-0 Cr | 0.01% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
0.61%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
-1.36
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.11
Higher the better
Fund Managers
Kaustubh Sule
Since September 2024
Additional Scheme Detailsas of 31st October 2024
ISIN INF666M01IP5 | Expense Ratio 0.29% | Exit Load - | Fund Size ₹62 Cr | Age 1 month | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark Nifty 1D Rate TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Liquid Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Canara Robeco Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹3630.76 Cr | 7.4% |
| Navi Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹66.48 Cr | 6.9% |
| Motilal Oswal Liquid Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹788.53 Cr | 6.9% |
| Motilal Oswal Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹788.53 Cr | 7.1% |
| Kotak Nifty 1D Rate Liquid ETF Low Risk | 0.2% | - | ₹622.00 Cr | 5.8% |
| Invesco India Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹14805.38 Cr | 7.4% |
| TrustMF Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹307.19 Cr | 7.4% |
| 360 ONE Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹860.86 Cr | 7.3% |
| 360 ONE Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹860.86 Cr | 7.2% |
| TrustMF Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹307.19 Cr | 7.2% |
Risk Level
Your principal amount will be at Low Risk
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- Kaustubh Sule
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