Groww Money Market Fund is a Money Market fund run by Groww Mutual Fund. On 30-09-2026, it managed ₹79 Cr of investors' money.
NAV on 30-10-2026: Direct Plan Growth ₹10.55 (up 0.02% that day); Regular Plan Growth ₹10.49 (up 0.02% that day).
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Period | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| This fund (Direct) | +0.38% | +1.47% | +3.14% | -- | -- | -- | -- |
| This fund (Regular) | +0.33% | +1.31% | +2.82% | -- | -- | -- | -- |
| Money Market average | +0.33% | +1.49% | +3.29% | -- | -- | -- | -- |
| Best in Money Market | +0.38% | +1.57% | +3.37% | -- | -- | -- | -- |
| Worst in Money Market | +0.30% | +1.41% | +3.11% | -- | -- | -- | -- |
| Rank in Money Market | 1/27 | 17/27 | 26/27 | -- | -- | -- | -- |
Category rows compare the Direct plans of 27 Money Market funds. Rank 1 is the highest return. This fund's benchmark is CRISIL Money Market A-I Index. Returns of that index are not available to us, so the category average is the comparison.
| Year | Direct | Regular |
|---|---|---|
| 2026to date | +4.80% | +4.29% |
The five Money Market funds with the best three year return, and this fund. Direct plans.
| Fund name | Rank | AUM (Cr) | Exp. ratio | 1Y return | 3Y return | 3Y alpha | 3Y beta | 3Y Sharpe | 3Y Sortino | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tata Money Market Fund | 1/23 | 31,690 | 0.18% | +6.45% | +7.44% | -- | -- | 3.36 | 6.53 | Compare |
| Axis Money Market Fund | 2/23 | 19,012 | 0.18% | +6.43% | +7.37% | -- | -- | 3.20 | 6.13 | Compare |
| Bandhan Money Market Fund | 3/23 | 13,129 | 0.11% | +6.46% | +7.34% | -- | -- | 3.16 | 5.98 | Compare |
| Aditya Birla Sun Life Money Market Fund | 4/23 | 26,943 | 0.22% | +6.36% | +7.33% | -- | -- | 3.05 | 5.61 | Compare |
| Franklin India Money Market Fund | 4/23 | 3,887 | 0.14% | +6.43% | +7.33% | -- | -- | 3.12 | 5.97 | Compare |
| Groww Money Market Fund | -- | 79 | 0.25% | -- | -- | -- | -- | -- | -- |
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
What each plan charges a year, in force from 01-09-2026
| Plan | Base expense ratio | Brokerage | Transaction costs | Levies and GST | Total expense ratio | Money Market median | Cost rank (1 = cheapest) |
|---|---|---|---|---|---|---|---|
| Direct | 0.20% | 0.00% | 0.02% | 0.03% | 0.25% | 0.17% | 26/27 |
| Regular | 0.74% | 0.00% | 0.02% | 0.10% | 0.86% | 0.40% | 27/27 |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Money Market funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Asset allocation as on 30-09-2026
82.7%Debt
| Asset | Fund | Category |
|---|---|---|
| Debt | 82.7% | 99.5% |
| Cash and others | 17.3% | 3.0% |
Bonds and money market papers by credit rating, % of the fund. Category: the average of 27 Money Market funds.
| Rating | Fund | Category |
|---|---|---|
| AAA and A1+ | 82.7% | 88.8% |
As on 30-09-2026 · 19 holdings · from the fund house's monthly portfolio
| Holdings | Rating | Weight% |
|---|---|---|
| EXIM Bank 04-DEC-2026 · Commercial paper | CRISIL A1+ | 6.30% |
| Canara Bank 04-DEC-2026 · Certificate of deposit | CRISIL A1+ | 6.30% |
| Reliance Retail Ventures Ltd 11-DEC-2026 · Commercial paper | CARE A1+ | 6.29% |
| Bajaj Financial Securities Ltd 10-DEC-2026 · Commercial paper | CRISIL A1+ | 6.28% |
| HDFC Bank Limited 21-DEC-2026 · Certificate of deposit | CARE A1+ | 6.28% |
| HDFC Securities Limited 18-DEC-2026 · Commercial paper | ICRA A1+ | 6.27% |
| Axis Bank Limited 14-JAN-2027 | CRISIL A1+ | 6.25% |
| Bank of Baroda 06-JAN-2027 · Certificate of deposit | CARE A1+ | 5.63% |
| Punjab National Bank 09-FEB-2027 · Certificate of deposit | CRISIL A1+ | 5.60% |
| Kotak Mahindra Bank Limited 29-JAN-2027 | CRISIL A1+ | 4.99% |
| Union Bank of India 15-MAR-2027 · Certificate of deposit | ICRA A1+ | 4.69% |
| SIDBI 04-FEB-2027 · Certificate of deposit | CRISIL A1+ | 3.11% |
| L&T Finance Limited 05-NOV-2026 · Commercial paper | CRISIL A1+ | 2.91% |
| Indian Bank 22-JAN-2027 · Certificate of deposit | CRISIL A1+ | 2.75% |
| Canara Bank 22-JAN-2027 · Certificate of deposit | CRISIL A1+ | 2.74% |
| SIDBI 18-FEB-2027 · Certificate of deposit | CARE A1+ | 2.60% |
| NABARD 18-MAR-2027 · Certificate of deposit | CRISIL A1+ | 2.47% |
| EXIM Bank 04-NOV-2026 · Commercial paper | CRISIL A1+ | 1.27% |
| Corporate Debt Market Development Fund Class A2 | 0.16% |
Funds with the most similar portfolios, across every fund house and category
| Fund | Overlap | Holdings in common | |
|---|---|---|---|
| Canara Robeco Ultra Short to Short Term FundLow Duration · Canara Robeco | 11.1% | 4 | Compare |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Fund facts from the scheme summary document, as on 16-10-2026
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
| Plan | Option | NAV | As on |
|---|---|---|---|
| direct | Income Distribution Cum Capital Withdrawal | ₹10.553 | 30-10-2026 |
| direct | Growth | ₹10.5531 | 30-10-2026 |
| regular | Income Distribution Cum Capital Withdrawal | ₹10.4946 | 30-10-2026 |
| regular | Growth | ₹10.4944 | 30-10-2026 |
Groww Money Market Fund is a mutual fund from Groww Mutual Fund. Its category is Money Market. It was launched on 19-11-2025. Its benchmark is CRISIL Money Market A-I Index. At the end of September 2026 it held 19 securities.
Kaustubh Sule
Fund manager of Groww Money Market Fund
Wilfred Gonsalves
Fund manager of Groww Money Market Fund
amp
Fund manager of Groww Money Market Fund
Dealer-Fixed Income)
Fund manager of Groww Money Market Fund
See all funds of Groww Mutual Fund
AUM moves with money invested or taken out, and with the value of what the fund holds.
Returns, risk, costs and the stocks they share, side by side
The Direct plan NAV is ₹10.5531. The Regular plan NAV is ₹10.4944, as on 30-10-2026.
The Direct plan charges 0.25% a year. The Regular plan charges 0.86% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.
Groww Money Market Fund managed ₹78.52 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
At the end of September 2026 the largest holdings were EXIM Bank 04-DEC-2026 (6.30%), Canara Bank 04-DEC-2026 (6.30%), Reliance Retail Ventures Ltd 11-DEC-2026 (6.29%), Bajaj Financial Securities Ltd 10-DEC-2026 (6.28%), HDFC Bank Limited 21-DEC-2026 (6.28%). The fund held 19 securities in all.
Through Groww Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹500. You can invest once or through a monthly SIP.
Kaustubh Sule, Wilfred Gonsalves, amp, Dealer-Fixed Income).
Nil
No. You can redeem your units on any business day. An exit load may still apply.
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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