Groww Short Duration Fund (formerly known as Indiabulls Short Term Fund) - Direct Plan - Growth Option
As on 21 Nov 2024
Groww Short Duration Fund (formerly known as Indiabulls Short Term Fund) - Direct Plan - Growth Option
DebtNAV
₹ 2260.50
CAGR (3 Years)
5.80%
AUM (Cr)
₹ 55.14
Risk
Low to Moderate Risk
About Groww Short Duration Fund (formerly known as Indiabulls Short Term Fund) - Direct Plan - Growth Option
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 macaulay duration of the portfolio is between 1 years - 3 years. However, there can be assurance that th
Breakdown of this Fund
Debt Others
165.53%
Fixed Deposits
3.73%
Govt. Securities
154.94%
T Bills
5.50%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
0.22
Exit Load
Nil
Stamp Duty
0.005% (from July 1st, 2020)
Tax Implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.