NAV history
Scorecard
★★★★☆4/5 vs 60 ETF peers1Y- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked against all ETF funds (same plan and option) — too few funds in its own sub-category to rank within it. Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers.
Not enough Debt ETF peers to rank yet
Volatility 0.1% vs 1.5% category avg
0.4% expense (no category average yet)
Not enough history for a rolling 3Y view
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Ahead of the Debt ETF average on 1M/3M/1Y — 1Y by 1.40pp
- Less volatile than its Debt ETF peers (0.1% vs 1.5%)
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (Debt ETF)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.36% | -0.47% | +0.83% |
| 3M abs | +1.14% | -0.02% | +1.16% |
| 6M abs | +2.31% | +2.67% | -0.36% |
| 1Y CAGR | +4.71% | +3.31% | +1.40% |
| 3Y CAGR | — | — | — |
| 5Y CAGR | — | — | — |
Category average across peers in Debt ETF (up to 7 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 7 peers in Debt ETF
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
12 monthly installments of ₹10,000 into Groww Nifty 1D Rate Liquid ETF, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +3.51% | |
| 2025 | +5.37% | |
| 2024part | +1.69% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Cash & Equivalents100.00%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹116.42Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
Groww Mutual Fund is the asset management arm of the Groww investing platform, which acquired Indiabulls Mutual Fund in 2023 and rebranded it. The house leans towards low-cost index and passive schemes alongside a small active line-up.
Fund Managers
KSKaustubh SuleStart date not disclosed
Senior – Fund Manager
B.E.(Computer) MBA(Finance)
Mr. Kaustubh has worked in Fixed Income trading and portfolio management for almost 14 years and 3 years in the IT industry as a software engineer. He has worked with Hexaware Technologies, Union Bank of India, Reliance Life insurance, HDFC Life insurance. He was working with Axis Asset Management Company as Fund Manager- Fixed Income before joining Groww. Place: Mumbai Date: June 03, 2026 Changes Appointed w.e.f July 31, 2026 Cessation w.e.f July 31, 2026 & Investor Cessation w.e.f July 31, 2026 Place: Mumbai Date: July 31, 2026
ASAmeya SakpalStart date not disclosed
MBA - IIM Indore • B.E. (Mechanical) Mumbai University
Mr. Ameya Sakpal has more than 3 years of experience in the Financial Sector. Prior to joining Liquid ETF Groww Asset Management Ltd. he was associated with PNB Gilts Limited. Designation – Assistant Fund Manager and Dealer Fixed Income
Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
Groww in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Index funds & ETFs
Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.
Frequently asked questions
What is the NAV of Groww Nifty 1D Rate Liquid ETF?
As of 05 Oct 2026, the NAV of Groww Nifty 1D Rate Liquid ETF is ₹111.02 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Groww Nifty 1D Rate Liquid ETF delivered?
Groww Nifty 1D Rate Liquid ETF has returned +4.71% over 1 year and +5.25% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Groww Nifty 1D Rate Liquid ETF?
Groww Nifty 1D Rate Liquid ETF charges an expense ratio of 0.38% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
How risky is Groww Nifty 1D Rate Liquid ETF?
Groww Nifty 1D Rate Liquid ETF is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.1% and its worst peak-to-trough fall in our sample was 0.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Groww Nifty 1D Rate Liquid ETF?
Groww Nifty 1D Rate Liquid ETF is benchmarked against the Nifty 1D Rate Index. Its alpha and beta on this page are measured against that index.
Who manages Groww Nifty 1D Rate Liquid ETF?
Groww Nifty 1D Rate Liquid ETF is managed by Kaustubh Sule and Ameya Sakpal at Groww.
How is Groww Nifty 1D Rate Liquid ETF taxed?
Groww Nifty 1D Rate Liquid ETF is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.