Investment Objective and Approach

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. The scheme aims to generate reasonable returns by constructing a portfolio of Debt and Money Market Instruments with a maturity period up to 91 days. The scheme will offer a high level of liquidity and returns in line with the low level of risk in the portfolio.

Key Investment Features:

- Low-Risk Strategy: The main objective of a liquid fund is to provide capital protection and liquidity to the investors. Therefore, the fund manager selects high-quality debt securities and invests according to the scheme's mandate.

- Short Maturity Focus: Further, it ensures that the average maturity of the portfolio is not more than 91 days. This approach minimizes interest rate risk exposure.

- High Liquidity: Requests for redemption are fulfilled within one working day; some funds even provide rapid redemption.

- Capital Preservation: A liquid fund is a low-risk debt investment focusing on principal safety and consistent returns. As a result of this, the value of a liquid fund is relatively steady across market interest rate cycles.

Fund Managers

Anupam Tiwari - Fund Manager

Anupam Tiwari is the Current Fund Manager of Groww Liquid Fund Direct Growth fund. Mr. Anupam Tiwari is the Head of Equity at Groww Asset Management Ltd. A Chartered Accountant by qualification, he brings 20 years of experience in the mutual fund industry, including 13 years as a fund manager.

Professional Background:

- Anupam brings 18 years of extensive experience in the Mutual Fund Industry, having served as an Equity Analyst at Reliance Mutual Fund for 5 years.

- He then held roles as an Equity Fund Manager at Reliance Life Insurance Company, Principal at PNB Asset Management Company, and Axis Asset Management Company in his most recent assignment before joining Groww.

- He has successfully managed funds across large-cap, mid-cap, and small-cap segments and was recognized as one of the top five fund managers in the small and mid-cap category by ET & Morningstar in 2020, 2021, and 2022.

Kaustubh Sule - Senior Fund Manager (Fixed Income)

Kaustubh is a seasoned Senior Fund Manager - Debt at Groww Asset Management Limited, having joined since its inception in May 2023. 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.

Professional Experience:

- 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.

About the Fund House (AMC)

Groww Mutual Fund Overview

Groww Mutual Fund, a leading fund house, is renowned for its innovative approach to delivering investment solutions. It specializes in a broad array of financial products tailored to meet the distinct needs and aspirations of its investors.

Core Philosophy:

The philosophy of Groww Mutual Fund is built upon the pillars of simplicity, transparency, consistent wealth creation, and customer centricity. They are focused on identifying investment opportunities where high growth aligns with robust fundamentals.

Corporate Structure:

Operating under the trusteeship of Groww Trustee Limited and sponsored by Groww Invest Tech Pvt Ltd, Groww Mutual Fund offers a diverse portfolio. The portfolio encompasses a wide range of investment schemes, including equity funds, hybrid funds, debt funds, and ETFs.

Key Fund Details (as of August 1, 2025):

- The fund currently has an Asset Under Management(AUM) of ₹2,244 Cr and the Latest NAV as of 01 Aug 2025 is ₹2,569.14.

- This scheme was made available to investors on 10 Apr 2008.

- Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500.

Should I Invest in Groww Liquid Fund?

Suitable For:

- Emergency Fund Creation: If you would like to create an emergency fund, then liquid funds can prove to be essential. Since these funds do not have a lock-in period, they can help you pull out money easily and quickly.

- Short-term Parking: "Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for a few weeks up to a year.

- Better Alternative to Bank Deposits: Liquid funds can come with a good return rate, often much higher than bank deposits, for a shorter period of time. Therefore, it can be a better alternative for investors who are looking forward to greater returns than a bank deposit with minimal risks.

Key Benefits:

- Low Risk: Minimal risk: These are associated with lower risk compared to most other mutual funds. They provide stability across different interest rate cycles in the market by investing in high-quality securities with a maturity period of up to 91 days.

- Cost Effective: Low cost: The best liquid mutual funds are low-cost options as fund managers do not manage the portfolio of these schemes as actively as other types of debt funds. Most liquid funds have an expense ratio below 1%.

- Quick Redemption: Fast redemption process: Fund houses process the redemption request of investors within one business day. Moreover, there are some AMCs that process redemption requests immediately.

Risk Considerations:

- The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.

- Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run.

FAQs

What is today's NAV of Groww Liquid Fund?

The Latest NAV as of 01 Aug 2025 is ₹2,569.14. Please check the fund's official page for the most current NAV.

What is the AUM of Groww Liquid Fund?

The fund currently has an Asset Under Management(AUM) of ₹2,244 Cr as of August 1, 2025.

What is the expense ratio of Groww Liquid Fund?

The expense ratio information varies and should be checked on the fund's official fact sheet for the most current rates. Liquid funds typically maintain low expense ratios.

What are the returns of Groww Liquid Fund since inception?

This scheme was made available to investors on 10 Apr 2008. For detailed return information since inception, please refer to the fund's performance section on official platforms.

What is the minimum SIP amount to invest in Groww Liquid Fund?

Minimum SIP Investment is set to ₹500.

How do I invest in Groww Liquid Fund?

You can invest through Allvest platform by completing your KYC and selecting the fund. Minimum Lumpsum Investment is ₹500.

How to start a SIP in Groww Liquid Fund?

Register on Allvest, complete KYC verification, and set up a SIP with a minimum amount of ₹500 monthly.

How do I automate an SIP in Groww Liquid Fund?

Through Allvest, you can set up automatic debit instructions from your bank account for seamless monthly SIP investments.

How can I withdraw/redeem my investment in Groww Liquid Fund?

Requests for redemption are fulfilled within one working day through your Allvest account. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.