Groww Gilt Fund
Fund basics
Everything the NAV says
Computed from 316 published NAVs between 13 May 2025 and 27 Aug 2026 — 1.3 years of history. Nothing here is an estimate; it is arithmetic on what the fund actually printed.
How it has moved
Return over time (%)
| Fund name | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|
| Groww Gilt Fund Direct | 0.23 | 1.98 | 1.07 | 3.52 | — | — | — | — | 0.07 |
| Gilt Funds category median · 33 funds | — | — | — | 4.74 | 6.89 | 6.05 | — | 7.14 | — |
Anything over a year is annualised (CAGR); shorter windows are absolute. The benchmark row is the index fund named below, priced daily by AMFI like every other scheme here. The category row is the median Direct plan in Gilt Funds — the middle fund, not a ranking, and a median rather than an average so that one mis-stated scheme cannot move it. As on 27 Aug 2026.
Risk measures
| Fund name | Volatility | Sharpe | Sortino | Beta | Alpha | Max fall |
|---|---|---|---|---|---|---|
| Groww Gilt Fund Direct | 3.43 | -1.87 | -2.58 | — | — | -3.90 |
Risk-free rate 6.5%. Beta and alpha need an index, so the benchmark's own row leaves them blank.
Risk
| Volatility | Downside volatility | Sharpe | Sortino |
|---|---|---|---|
| 3.4% | 2.5% | -1.87 | -2.58 |
Risk-free rate 6.5%, roughly the 10-year government bond.
The worst it has been
| Deepest fall | Time to recover | Today, from its peak |
|---|---|---|
| -3.9% | — | -0.5% |
A drawdown is the fall from a previous high to the low that followed it. It is the number that decides whether somebody stays invested — a fund can have an excellent ten-year return and still have been unbearable to hold in year four.
Calendar years
How it compares in its category
Against the Gilt Funds Direct schemes with the highest three-year return. Same category, same plan — the only comparison that means anything. The list re-sorts itself as returns move; it is an ordering by one number, not a view on which fund anyone should hold.
| Scheme | Return | Alpha | Beta | Volatility | Sharpe | Max fall |
|---|---|---|---|---|---|---|
| Groww Gilt Fund Groww Mutual Fund · this scheme | — | — | — | 3.4% | -1.87 | -3.9% |
| Bandhan Gilt Fund Bandhan Mutual Fund | 8.1% | — | — | 4.0% | 0.40 | -7.1% |
| Bandhan 10 year Constant Maturity Gilt Fund Bandhan Mutual Fund | 7.9% | — | — | 3.2% | 0.44 | -5.0% |
| ICICI Prudential 10 year Constant Maturity Gilt Fund ICICI Prudential Mutual Fund | 7.6% | — | — | 3.7% | 0.29 | -4.7% |
| ICICI Prudential Gilt Fund ICICI Prudential Mutual Fund | 7.5% | — | — | 4.3% | 0.22 | -12.3% |
| Axis Gilt Fund Axis Mutual Fund | 7.4% | — | — | 4.0% | 0.22 | -11.1% |
| SBI 10 YEAR CONSTANT MATURITY GILT FUND SBI Mutual Fund | 7.2% | — | — | 3.0% | 0.23 | -4.5% |
| UTI 10 year Constant Maturity Gilt Fund UTI Mutual Fund | 7.2% | — | — | 2.9% | 0.24 | -2.7% |
| DSP Gilt Fund DSP Mutual Fund | 6.9% | — | — | 3.8% | 0.09 | -7.6% |
Alpha and beta are against the category index. Max fall is the deepest peak-to-trough drop in each fund's own history, so a longer-running fund has had more chances to record a bad one. Click a column to sort. This is a sort, not a ranking, and nothing here is a recommendation.
What a Gilt Funds scheme is
At least 80% in government securities.
No credit risk at all — the borrower is the Government of India. All of the movement is interest rates, and it can be considerable. Safe from default is not the same as steady.
Who it suits. Investors taking a deliberate view on interest rates with no credit risk.
How long money should stay. 3 to 5 years.
Questions people ask
What is the NAV of Groww Gilt Fund — Direct Plan — Growth?
₹10.0524 as on 27 Aug 2026, from AMFI's daily NAV file. NAV is declared once each business day after markets close, so the figure here is the most recent one published.
What is the difference between the Direct and Regular plan of Groww Gilt Fund?
They hold the identical portfolio, run by the same manager. A Regular plan pays a distributor commission out of the fund, inside its expense ratio — commonly 0.5% to 1.2% a year more than Direct. That difference is charged on the whole balance, every year, so it compounds: on ₹1,00,000 held ten years a gap of 1.5 percentage points is roughly ₹1.4 lakh of ending value. Direct is the same fund without the commission.
What does the Growth option mean?
Growth reinvests everything the fund earns back into the NAV. Nothing is paid out, so the NAV rises with returns and you are taxed only when you sell. For anybody who does not need income from the investment, Growth is the simpler and usually the more tax-efficient option.
What kind of scheme is this?
At least 80% in government securities. No credit risk at all — the borrower is the Government of India. All of the movement is interest rates, and it can be considerable. Safe from default is not the same as steady.
How long should money stay in it?
Typically 3 to 5 years. Investors taking a deliberate view on interest rates with no credit risk.