Groww Money Market Fund Direct Growth

Debt
Liquid
Low To Moderate Risk
10.3186
NAV as on 18 Jun 2026
1Y
3Y
5Y
ALL
NAV: 18 Jun 2026
₹10.3186
Fund size as on 31 May 2026
43.19Cr

Holdings (150)

NameSectorInstrumentAssets
BSE Ltd
FINANCEEquity Shares4.2%
Multi Commodity Exchange of India Ltd.
FINANCEEquity Shares1.9%
The Federal Bank Limited
BANKSEquity Shares1.8%
Suzlon Energy Limited
INDUSTRIAL CAPITAL GOODSEquity Shares1.7%
GE Vernova T&D India Limited
INDUSTRIAL CAPITAL GOODSEquity Shares1.6%
Hero MotoCorp Limited
AUTOEquity Shares1.6%
Bharat Heavy Electricals Ltd
INDUSTRIAL CAPITAL GOODSEquity Shares1.5%
Indusind Bank Limited
BANKSEquity Shares1.5%
PB Fintech Limited
FINANCEEquity Shares1.4%
Indus Towers Limited
TELECOM - SERVICESEquity Shares1.4%
See All

Holding analysis

Equity / Debt / Cash Split

Equity
99.9%
Debt
0.0%
Cash
0.1%
14.4Cr

Equity sector allocation

Finance
19.4%
Industrial Capital Goods
8.6%
Banks
8.4%
Pharmaceuticals
8.3%
Consumer Non Durables
5.5%
Software
5.1%
Auto Ancillaries
5.0%
Industrial Products
4.4%
Consumer Durables
4.2%
Others
31.2%
14.3Cr

Advanced ratios

Top 5
17%
Top 20
47%
Understand terms

Scheme Performance

Annualised returnsas on 31 Jan 2026
5Y3Y1YSince Inception
Groww Money Market Fund Direct Growth0.00%0.00%0.00%1.00%
Scheme Benchmark - CRISIL Money Market Index A-I0.00%0.00%0.00%0.89%
Current value of standard investment of ₹10,000as on 31 Jan 2026
5Y3Y1YSince Inception
Groww Money Market Fund Direct Growth₹10,000.00₹10,000.00₹10,000.00₹10,099.50
Scheme Benchmark - CRISIL Money Market Index A-I₹10,000.00₹10,000.00₹10,000.00₹10,089.18

Expense ratio, exit load and tax

Exit load

NIL

Stamp duty on investment: 0.005%

from July 1st 2020

Understand terms

Fund management

Kaustubh Sule
May 2025 - Present
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About
Kaustubh is a seasoned Senior Fund Manager - Debt at Groww Asset Management Limited, having joined since its inception in May 2023. With 17 years of experience in various roles, he specializes in Fixed Income Strategies, including money market, macro, and duration strategies. Kaustubh began his Investment Management career as a Fixed Income Trader at Union Bank of India's Treasury Desk. He further gained valuable expertise at Nippon Life and HDFC Life before joining Axis AMC as a Fund Manager - Fixed Income, where he managed medium-term and long-term Fixed Income strategies. He holds a B.E. in Computer Engineering from PICT, Pune University, and an MBA in Finance from VGSoM, IIT Kharagpur, providing him with a strong technical and financial background. Throughout his career, Kaustubh actively traded various fixed income instruments, including Government Securities, Corporate Bonds, Interest Rate Swaps, and Interest Rate Futures.
Also manages these schemes

Wilfred Peter Gonsalves
Jun 2026 - Present
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About
Wilfred has over 7 years of experience in Investment Management, with a strong background in credit analysis, macroeconomics, fixed income, and gold. At Whiteoak Capital, where he worked for 1.5 years, Wilfred specialized as a dealer in Fixed Income securities and supported Gold ETF units trading. Prior to this, he served as a Fixed Income Dealer at Edelweiss Tokio Life Insurance for 3 years, where his responsibilities included Fixed Income trading and portfolio management. Additionally, at L&T Finance, Wilfred was part of the Deal Origination team for 2 years, conducting in-depth credit analysis to support investment decisions.
Also manages these schemes

Investment objective

To generate regular income through investment in a portfolio comprising of money market instruments. However, there is no assurance that the investmen
To generate regular income through investment in a portfolio comprising of money market instruments. However, there is no assurance that the investment objective of the Scheme will be achieved.
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Fund benchmark
CRISIL Money Market Index A-I

Riskometer

This product is suitable for investors who are seeking*

Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Scheme Riskometer
The Scheme Risk-o-meter is at Low to Moderate

Other plans in the same fund

Min. SIP amount
₹500
Min. Lumpsum amount
₹500
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