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  • 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

1013.9379

NAV (Jun 21)

2.1%
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

Poor

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

Rolling Returns

Poor

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

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1013.9379

NAV (Jun 21)

Fund Returns

Last 1Y
5.9%
Last 3Y
4%
Last 5Y
4%
Last 10Y
6%
Since Inception
6.3%
6 Month CAGR
3.2%

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. The Scheme does not assure or guarantee any returns.

Expense Ratio
1.6
Launched (11y ago)
Sep 13, 2013
AUM in Crores
38.572
ISIN
INF666M01AK3
Lock-in
No Lock-in
Benchmark
CRISIL Short Duration Debt TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
1.2
Standard Deviation (5yr)
1.3
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-2.812
Sharpe Ratio (5yr)
-1.692
YTM
7.31
Fund Managers

Kaustubh Sule

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Groww Short DurationFund (RIDCW-W)70%7,81,171 48,5592.7%
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 2024-06-21

Top Debt Holdings

7.37% govt stock 2028

26.2%
26.2%

bajaj finance ltd. 8.1%

7.8%
7.8%

export-import bank of india

7.8%
7.8%

national housing bank

7.7%
7.7%

sundaram finance limited

7.7%
7.7%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,017 cr

₹ 10,612 cr

₹ 47,907 cr

₹ 14,537 cr

₹ 15,157 cr

amc-img

About the AMC

Groww Mutual Fund

Groww Asset Management Ltd. manages assets worth 865 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
phone-img80501 80222
Fund NameScripbox Opinion
Till Date CAGR

17.1%

12.3%

5.5%

7%

4%

6.3%

18.1%

11.2%

17.2%

11%

Groww Short DurationFund (RIDCW-W) Review

Groww Short DurationFund (RIDCW-W) is a Short Term Debt fund and has delivered an annualised return of 4.5% 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 manager’s name is Kaustubh Sule.

Nav of Groww Short DurationFund (RIDCW-W) as of 6/21/2024 is ₹1013.94 with the total AUM as of 6/24/2024 is ₹38.572. 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 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 0.1% 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 1.6% for regular plan.