Debt
Direct
Dynamic Bond
NAV as on 06-09-2024
₹ 1437.47
Inception Returns
6.5%
/yr
Groww Dynamic Bond Fund Direct Growth is a debt fund. This fund was started on 4 December, 2018. The fund is managed by Kaustubh Sule. This fund is suitable to keep your money safe.
Groww Dynamic Bond Fund Direct Growth has given a CAGR return of 6.51% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.02%, 5.24% and 5.80% respectively.
Groww Dynamic Bond Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent, Corporate. Its top holdings are 7.1% Govt Stock 2034, 7.37% Govt Stock 2028, 7.06% Govt Stock 2028, National Housing Bank, NTPC Ltd.
As it is a dynamic bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
To generate reasonable returns commensurate with the risk taken by active duration management of the portfolio. The Scheme would be investing in debt instruments including but not limited to bonds, debentures, government securities and money market instruments over various maturity periods. However, there can be no assurance that the investment objective of the scheme will be achieved. The Scheme does not assure or guarantee any returns.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 1000.00. Groww Dynamic Bond Fund Direct Growth has no lock in period.
Expense ratio | 0.45% |
Benchmark | CRISIL Composite Bond Fund TR INR |
AUM | ₹39 Cr |
Inception Date | 4 December, 2018 |
Min Lumpsum/SIP | ₹100/₹1000 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 206.72% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Moderate Risk |
as on (06-Sep-24)
as on (31-Dec-69)
Top 2 Sectors in July were Government, Corporate
Groww Dynamic Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.52% | 0.52% |
6 Month Returns | 3.71% | 3.71% |
1 Year Returns | 8.02% | 8.02% |
3 Years Returns | 16.55% | 5.24% |
5 Years Returns | 32.54% | 5.8% |
AAA | 100 |