Groww Short Duration Fund - Regular Plan - Weekly Idcw Reinvestment

Groww Short Duration Fund - Regular Plan - Weekly Idcw Reinvestment is a scheme launched by Groww Mutual Fund on September 13, 2013, and falls under the Short Duration fund category. It currently manages an AUM of Rs 137.46 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 1.6% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  Groww Short Duration Fund - Regular Plan - Weekly Idcw Reinvestment trailing returns over different times are 0.54% (1 year), 0.22% (3 year) and 0.26% (5 year). The average annual return of this fund stands at 0.56%.