- Mutual Funds
- Groww Mutual Fund
- Groww Dynamic Bond fund (RIDCW-D)
Formerly Indiabulls Dynamic Bond Reg Dly IDCW-R
Groww Dynamic Bond fund (RIDCW-D)
₹ 1012.7164
NAV (Apr 18)
Dynamic bond funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Dynamic Bond Funds have the flexibility to invest in instruments across duration.The exposure is dependent on the outlook of the Fund Manager.
Such funds are also allowed to invest across the credit quality spectrum.They tend to be exposed to higher credit risk and longer maturity paper which makes them quite volatile.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1012.7164
NAV (Apr 18)
Fund Returns
Last 1Y | 1.3% |
Last 3Y | 3% |
Last 5Y | 2.8% |
Last 10Y | NA |
Since Inception | 2.6% |
6 Month CAGR | 0.7% |
Scheme Information
To generate reasonable returns commensurate with the risk taken by active duration management of the portfolio. The Scheme would be investing in debt instruments including but not limited to bonds,debentures,government securities and money market instruments over various maturity periods. However,there can be no assurance that the investment objective of the scheme will be achieved. The Scheme does not assure or guarantee any returns.
Expense Ratio | 1.45 |
Launched (6y ago) | Dec 04, 2018 |
AUM in Crores | 37.922 |
ISIN | INF666M01ET6 |
Lock-in | No Lock-in |
Benchmark | CRISIL Dynamic Bond TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 1.3 |
Standard Deviation (5yr) | 1.7 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -1.65 |
Sharpe Ratio (5yr) | -1.275 |
YTM | 6.9 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Groww Dynamic Bond fund (RIDCW-D) | 7,83,051 | 50,439 | 2.8% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
7.18% govt stock 2033
34.6%reverse repo 02-apr-24
15.8%ccil
14.3%bank of baroda
9.1%small industries development bank of india
9.1%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
Groww Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
16.1% | 11.7% | ||
5.3% | 7% | ||
3.8% | 6.2% | ||
19.1% | 10.5% | ||
16.8% | 9.8% |
Groww Dynamic Bond fund (RIDCW-D) Review
Groww Dynamic Bond fund (RIDCW-D) is a Dynamic Bond Debt fund and has delivered an annualised return of 2.6% over a period of 5 years. The fund was previously known as Indiabulls Dynamic Bond Reg Dly IDCW-R. The fund is managed by Groww Asset Management Ltd.. The fund manager’s name is Kaustubh Sule.
Nav of Groww Dynamic Bond fund (RIDCW-D) as of 4/18/2024 is ₹1012.72 with the total AUM as of 4/19/2024 is ₹37.922. With Scripbox you can compare and check the latest nav for all mutual funds in India. Groww Dynamic Bond fund (RIDCW-D) was launched on Dec 04, 2018. The category risk of the fund is Moderate Risk.
The minimum SIP amount for Groww Dynamic Bond fund (RIDCW-D) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Groww Dynamic Bond fund (RIDCW-D) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Dynamic Bond TR INR.
Groww Dynamic Bond fund (RIDCW-D) is rated as a 1 fund in Debt and delivered 1.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Groww Dynamic Bond fund (RIDCW-D).
Frequently Asked Questions
What is Groww Dynamic Bond fund (RIDCW-D)?
How to invest in Groww Dynamic Bond fund (RIDCW-D)?
You can invest in Groww Dynamic Bond fund (RIDCW-D) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Groww Dynamic Bond fund (RIDCW-D)?
The minimum sip amount for Groww Dynamic Bond fund (RIDCW-D) is ₹1000. You can invest in multiples of ₹5000.
Is Groww Dynamic Bond fund (RIDCW-D) good to invest in?
As per Scripbox experts, Groww Dynamic Bond fund (RIDCW-D) is a Not Recommended fund. You can investGroww Dynamic Bond fund (RIDCW-D) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Groww Dynamic Bond fund (RIDCW-D)?
The expense ratio of the Groww Dynamic Bond fund (RIDCW-D) is 1.45% for regular plan.