• Mutual Funds
  • Groww Mutual Fund
  • Groww Short DurationFund (RIDCW-W)

Formerly Indiabulls S/T Reg Wk IDCW-R

Groww Mutual Fund

Groww Short DurationFund (RIDCW-W)

DebtShort Term


NAV (Oct 03)

3 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in short term mutual funds.

Short term 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.

Short Term Funds invest in debt and money market instruments such that the duration of the portfolio is between 1 to 3 years.This exposes them to higher variations when interest rates change.

The category is one of the largest categories within the Debt Segment (9% of the total assets).

We assess the credit quality of funds in this category as relatively poor.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.

Our analysis of this fundLearn how we rate funds ->

Fund Size


The performance of the fund on a Fund Size metric has been Poor

Rolling Returns


The performance of the fund on a Rolling Returns metric has been Poor

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Scripbox Recommended Debt Funds
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Investment Calculator

Investment Duration5 years


Total Investment


Wealth Gained


Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV


NAV (Oct 3)

Fund Returns

Last 1Y
Last 3Y
Last 5Y
Last 10Y
Since Inception
6 Month CAGR

Scheme Information

Investment Objective

The Scheme will endeavor to generate stable returns over short term with a low risk strategy while maintaining liquidity through a portfolio comprising debt and money market instruments such that the Macaulay duration of the portfolio is between 1 year – 3 years. However,there can be no assurance that the investment objective of the scheme will be achieved.

Expense Ratio
Launched (10y ago)
Sep 13, 2013
AUM in Crores
No Lock-in
CRISIL Short Duration Debt TR INR
SIP Minimum
Lumpsum Min.
Standard Deviation (3yr)
Standard Deviation (5yr)
Beta (3yr)
Beta (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
Fund Managers

Kaustubh Sule

Fund Manager

Karan Singh

Fund Manager

Returns Calculator Comparison



with step up of

AssetReturnsTotal CorpusGainsCAGR
Groww Short DurationFund (RIDCW-W)70%8,00,237 67,6253.7%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2023-10-03

Top Debt Holdings

See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 44,468 cr

₹ 18,357 cr

₹ 10,408 cr

₹ 14,357 cr

₹ 9,121 cr

About the AMC

Groww Mutual Fund

Groww Asset Management Ltd. manages assets worth 478 crores and was set up on April 10, 2008. It's current offering of mutual fund schemes includes 22 equity,85 debt and 14 hybrid funds.amc-img
80501 80222
Fund NameScripbox Opinion
Till Date CAGR











Groww Short DurationFund (RIDCW-W) Review

Groww Short DurationFund (RIDCW-W) is a Short Term Debt fund and has delivered an annualised return of 4.8% over a period of 10 years. The fund was previously known as Indiabulls S/T Reg Wk IDCW-R. The fund is managed by Groww Asset Management Ltd.. The fund managers are Karan Singh, Kaustubh Sule.

Nav of Groww Short DurationFund (RIDCW-W) as of 10/3/2023 is ₹1013.11 with the total AUM as of 10/4/2023 is ₹31.767. With Scripbox you can compare and check the latest nav for all mutual funds in India. Groww Short DurationFund (RIDCW-W) was launched on Sep 13, 2013. The category risk of the fund is Low to Moderate Risk.

The minimum SIP amount for Groww Short DurationFund (RIDCW-W) 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 Short DurationFund (RIDCW-W) 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 Short Duration Debt TR INR.

Groww Short DurationFund (RIDCW-W) is rated as a 1 fund in Debt and delivered 4.1% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Groww Short DurationFund (RIDCW-W).

Frequently Asked Questions

What is Groww Short DurationFund (RIDCW-W)?

Groww Short DurationFund (RIDCW-W) is a Short Term Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Groww Short DurationFund (RIDCW-W)?

You can invest in Groww Short DurationFund (RIDCW-W) 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 Short DurationFund (RIDCW-W)?

The minimum sip amount for Groww Short DurationFund (RIDCW-W) is ₹1000. You can invest in multiples of ₹5000.

Is Groww Short DurationFund (RIDCW-W) good to invest in?

As per Scripbox experts, Groww Short DurationFund (RIDCW-W) is a Not Recommended fund. You can investGroww Short DurationFund (RIDCW-W) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Groww Short DurationFund (RIDCW-W)?

The expense ratio of the Groww Short DurationFund (RIDCW-W) is 1.2% for regular plan.