MonitorDirect · GrowthWatch before adding
Groww Liquid Fund
Groww Mutual FundIncome/Debt Oriented Schemes - Liquid Fund13.8 years
The scheme seeks to provide a high level of liquidity with returns commensurate with low risk through a portfolio of money market and debt securities with maturity of up to 91 days.
- NAV
- 2,775.848
- 1 Nov 2026
- 1Y
- +6.5%
- Trailing CAGR
- AUM
- ₹301.22 Cr
- 30 Sept 2026
- Volatility
- Low
- 0.2% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 1 Nov 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Three-year return is above the category median.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer Axis Liquid Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.11% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -0.2%. Ask whether you can hold through a similar fall.
Vs category
Watch
43% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Wilfred Peter Gonsalves · 0.5 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 84.9% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+6.5%
- 3Y+6.9%
- 5Y+6.3%
- 10Y+6.0%
- SI+6.8%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.6%
- 3Y+6.7%
- 5Y+6.7%
- 10Y+6.0%
- Since inception
- +6.8%
- Calendar-day CAGR
- Excess 1Y
- +0.1%
- Category median, same plan and option
- 3Y win rate
- +43%
- Windows beating the median
- 3Y percentile
- 85
- Vs comparable share classes
- SIP 3Y XIRR
- +6.7%
- Simulated monthly SIP
- Worst rolling 3Y
- +3.9%
- 3728 daily-ending windows
- Median rolling 3Y
- +6.9%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 3073 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -0.2%
- Worst peak-to-trough
- Current
- 0.0%
- At peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- +1%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 2 days
- 11 recovered episodes
- Longest recovery
- 14 days
- Trough to prior peak
15 Jul 2013 – 30 Jul 2013
Trough 16 Jul 2013 · recovered in 14 days
-0.2%
26 Mar 2023 – 29 Mar 2023
Trough 28 Mar 2023 · recovered in 1 days
-0.0%
15 Apr 2020 – 18 Apr 2020
Trough 16 Apr 2020 · recovered in 2 days
-0.0%
22 Mar 2026 – 25 Mar 2026
Trough 23 Mar 2026 · recovered in 2 days
-0.0%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
85
Vs category
51
Consistency
47
Risk-adjusted
0
Drawdown
99
Mean
56
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Risk-adjusted return (Sharpe) is negative over the available daily history.
Supporting reads
- Three-year return is above the category median.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 14 holdings · top 10 are 84.9%.
- Top 5
- 44.4%
- Top 10
- 84.9%
- Largest holding
- 11.5%
- Effective holdings
- 12.4
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 16DEC26
Financial
11.5%
Axis Securities Ltd (09-Oct-2026) **@
Unspecified
8.3%
Net Receivables
Unspecified
8.3%
AXIS BANK LIMITED CD 26NOV26
Financial
8.2%
CANARA BANK CD 08DEC26
Financial
8.2%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Axis Liquid Fund
Axis Mutual Fund
- 1Y
- +6.6%
- 3Y
- +7.0%
- Vol
- 0.2%
- Max DD
- -0.2%
- Sharpe
- -8.40
- 3Y win
- +93%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
JioBlackRock Liquid Fund
Jio BlackRock Mutual Fund
- 1Y
- +6.5%
- 3Y
- n/a
- Vol
- 0.2%
- Max DD
- -0.0%
- Sharpe
- -10.47
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Aditya Birla Sun Life Liquid Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +6.5%
- 3Y
- +7.0%
- Vol
- 0.2%
- Max DD
- -0.2%
- Sharpe
- -5.08
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Higher TER
Axis Liquid Fund - Daily Option
Axis Mutual Fund
- 1Y
- 0.0%
- 3Y
- 0.0%
- Vol
- 0.1%
- Max DD
- -0.2%
- Sharpe
- -99.29
- 3Y win
- +46%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
Mahindra Manulife Liquid Fund
Mahindra Manulife Mutual Fund
- 1Y
- +6.5%
- 3Y
- +6.9%
- Vol
- 0.2%
- Max DD
- -0.2%
- Sharpe
- -8.91
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns