
Groww Money Market Fund Direct-Growth
Debt: Money Market - Growth (Open ended) Factsheet
SEBI Riskometer: Low to ModerateCategory: Debt: Money MarketBenchmark: CRISIL Money Market A-I IndexCheck Portfolio Overlap →
NAV: ₹10.48+0.05%
07 Sept 2026
Similar Funds
Side-by-side comparison of Groww Money Market Fund Direct-Growth with similar funds — trailing returns, risk metrics, AUM and expense ratio.
| Period | This Fund | Category Avg | Category Rank |
|---|---|---|---|
| 1Y Return | — | 6.60% | — |
| 3Y Return | — | 7.29% | — |
| 5Y Return | — | 6.56% | — |
| 10Y Return | — | 6.34% | — |
Trailing annualised returns (%). Category rank: lower is better. Green = top third of category.
Funds in Debt: Money Market
Top funds by AUM in the Debt: Money Market category — see how Groww Money Market Fund Direct-Growth compares on size and returns.
Funds Tracking CRISIL Money Market A-I Index
Top funds tracking the CRISIL Money Market A-I Index — sorted by AUM to show the largest options available.
Frequently Asked Questions
Which funds are similar to Groww Money Market Fund Direct-Growth?
Funds similar to Groww Money Market Fund Direct-Growth in the Debt: Money Market category include ICICI Prudential Money Market Direct-Growth, Tata Money Market Fund Direct-Growth, and SBI Money Market Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of Groww Money Market Fund Direct-Growth in its category?
The category rank of Groww Money Market Fund Direct-Growth is shown in the Trailing Returns section above.
How does Groww Money Market Fund Direct-Growth's expense ratio compare to similar funds?
Groww Money Market Fund Direct-Growth has an expense ratio of 0.25%. The peers ICICI Prudential Money Market Direct-Growth has an expense ratio of 0.21% and Tata Money Market Fund Direct-Growth has 0.18%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does Groww Money Market Fund Direct-Growth's AUM compare to similar funds?
Groww Money Market Fund Direct-Growth has an AUM of ₹61.68 crore. The peers ICICI Prudential Money Market Direct-Growth has an AUM of ₹36,528.7 crore and Tata Money Market Fund Direct-Growth has ₹34,511.3 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Debt: Money Market?
The top performing fund in the Debt: Money Market category on a 3-year basis is Tata Money Market Fund Direct-Growth with a CAGR of 7.58% as of 6 Sep 2026. Groww Money Market Fund Direct-Growth has delivered - CAGR over the same period. You can view and compare the full category ranking on sharpely.
How does Groww Money Market Fund Direct-Growth rank in risk-adjusted returns vs peers?
The Sharpe ratio of Groww Money Market Fund Direct-Growth is shown in the Alpha, Beta & Sharpe section on the Performance tab.