Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.

Groww Mutual Fund

Groww Gilt Fund - Direct - Growth

★★★★★ 3rd-party

External rating

  • Source: Third-party data provider (Groww/CRISIL)
  • Original rating: 2/5, displayed as-is — TopFund does not modify third-party ratings
  • Refresh frequency: Whenever TopFund re-syncs this fund's data
  • Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria

Full rating methodology →

TopFund Score: 56/100 · Average

How this score is calculated

  • Star rating (35%)2/5
  • 3Y CAGR (30%)5.72%
  • Expense ratio (20%)0.4%
  • AUM (15%)₹2,108 Cr

Not investment advice — an analytical read of public fund data. Methodology →

Groww Mutual Fund · Debt · Gilt

₹114.01

+103.98 (+1036.66%)

AUM: ₹2,107 Cr

NAV updated 8 days ago

Plan

Direct

Option

Growth

Risk

Moderate to High

Expense Ratio

0.4%

Exit Load

Nil

Fund Manager

Abhishek Bisen

Inception

Jan 2013

Benchmark

NIFTY All Duration G-Sec Index

Sharpe Ratio

-1.52

Std Dev (1Y)

3.16%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

1m

-0.93%

3m

+0.94%

6m

+2.52%

1y

+3.13%

3y

+5.72%

5y

+5.44%

10y

+6.93%

since inception

-0.1%

TopFund's Take on Groww Gilt Fund - Direct - Growth

Groww Gilt Fund - Direct - Growth sits in the middle of the pack for Gilt funds, currently carrying a 2-star rating. Returns have been soft relative to what the category has offered — worth checking if this is a temporary phase or a longer pattern. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 56/100.

Cost: At 0.4%, the expense ratio is meaningfully cheaper — about 18% below the Gilt category average of 0.49% (based on 62 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -1.52 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 3.16% is on the lower side for a Gilt fund, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to conservative investors prioritising capital stability and predictable income over high growth.

This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.

Sector Allocation

Entities 57.37%
Financial 13.04%
Industrials 0.01%

Asset Allocation

GOI Securities 57.37%
State Development Loan 14.47%
Repo 14.10%
Treasury Bills 13.04%
Net Current Assets 1.02%

Frequently Asked Questions about Groww Gilt Fund - Direct - Growth

* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

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