Groww Liquid Fund - Existing Plan - Fortnightly Idcw Reinvestment

Groww Liquid Fund - Existing Plan - Fortnightly Idcw Reinvestment is a scheme launched by Groww Mutual Fund on October 30, 2011, and falls under the Liquid fund category. It currently manages an AUM of Rs 154.78 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 500. It charges an expense ratio of 0.2% for managing the portfolio.

• Investing Strategy:

  To provide a high level of liquidity with returns commensurate with low risk through a portfolio of money market and debt securities with maturity of up to 91days.

• Performance:

  Groww Liquid Fund - Existing Plan - Fortnightly Idcw Reinvestment trailing returns over different times are 0.08% (1 year), 0.04% (3 year) and 0.04% (5 year). The average annual return of this fund stands at 0.04%.