Groww Money Market Fund
Groww Money Market Fund is a money market fund of Groww Asset Management Limited with ₹77 cr under management. Its direct plan charges 0.25% a year. Kaustubh Sule has managed it for 0.9 years.
What is Groww Money Market Fund invested in?
83% in debt, 0% in shares and 17% in cash, as of 30 Sep 2026.
Has Groww Money Market Fund beaten its benchmark?
Period returns
Direct Plan, growth · 3y and longer a year| Period | Fund | Nifty 500 TRI | Ahead |
|---|---|---|---|
| 1 month | +0.52% | −3.60% | — |
| 3 months | +1.64% | −5.03% | — |
| 6 months | +3.10% | −1.83% | — |
| 1 year | — | −4.06% | — |
| 3 years | — | +9.27% | — |
| 5 years | — | +8.00% | — |
| 10 years | — | +12.69% | — |
| Since start from 20 Nov 2025 | — | — | — |
Official figures
AMFI performance feed, 13 Oct 2026| Period | Direct | Regular | Benchmark | Ahead | Rank |
|---|---|---|---|---|---|
| 1y | — | — | — | — | — |
| 3y | — | — | — | — | — |
| 5y | — | — | — | — | — |
| 10y | — | — | — | — | — |
Value of 100, month-end
Nov 2025 to 14 Oct 2026₹100 put in at the start of Nov 2025 would be ₹105 on 14 Oct 2026, against ₹93 in the Nifty 500 TRI.
What does Groww Money Market Fund cost?
0.25% a year on the direct plan, 0.86% on the regular plan; 25 of 27 funds in its category charge less.
Who manages Groww Money Market Fund?
Kaustubh Sule, since 19 Nov 2025; Wilfred Gonsalves, since 19 Nov 2025.
Questions people ask
Who manages Groww Money Market Fund?
Kaustubh Sule (Senior Fund Manager Fixed Income) since 19 Nov 2025; Wilfred Gonsalves (Fund Manager & Dealer-Fixed Income) since 19 Nov 2025.
What is the expense ratio of Groww Money Market Fund?
0.25% a year on the direct plan and 0.86% on the regular plan (expense report, Oct 2026).




