Groww Overnight Fund Regular Plan - Weekly Idcw Payout

Groww Overnight Fund Regular Plan - Weekly Idcw Payout is a scheme launched by Groww Mutual Fund on July 08, 2019, and falls under the Overnight fund category. It currently manages an AUM of Rs 34.36 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 0.24% for managing the portfolio.

• Investing Strategy:

  The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day.

• Performance:

  Groww Overnight Fund Regular Plan - Weekly Idcw Payout trailing returns over different times are -0.1% (1 year), -0.01% (3 year) and 0% (5 year). The average annual return of this fund stands at -0.03%.