Fund manager · GROWW

Kaustubh Sule

Senior – Fund Manager at GROWW. Runs 9 schemes worth ₹1,106 Cr.

Fund house
GROWWThey run their schemes at GROWW.
AUM they run
₹1,106 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.
Schemes
9 now · 0 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Nov 2024.
Experience
18 years18 years

Profile^{(GROWW's SAI, 6 Oct 2026)}

About

Role: Senior – Fund Manager
Studied: • B.E.(Computer ) • MBA(Finance)
Age: 44 years
Experience: 18 years

Schemes now9

IB49 Groww Multi Asset Allocation Fund₹373 Cr
IB02 Groww Liquid Fund₹301 Cr
IB10 Groww Short Term Fund₹93.3 Cr
IB24 Groww Nifty 1D Rate Liquid ETF₹87.4 Cr
IB55 Groww Money Market Fund₹78.5 Cr
IB16 Groww Overnight Fund₹62.9 Cr
and 3 more, all below

AUM they run^{(May 2023 – Sept 2026)}

AUM at month end each month, and its change on the month before
12 months	₹ Cr	Change
Sept 2026	1,106	−5.7%
Aug 2026	1,173	+2.4%
Jul 2026	1,145	−3.9%
Jun 2026	1,191	−3.5%
May 2026	1,234	+10.0%
Apr 2026	1,122	+11.5%
Mar 2026	1,006	−3.0%
Feb 2026	1,037	−2.1%
Jan 2026	1,060	+9.4%
Dec 2025	969	−9.6%
Nov 2025	1,071	+2.9%
Oct 2025	1,041	+50.1%

AUM at month end, Sept 2026

₹1,106

+6.3% since Oct 2025

Fig. 1.The AUM of the schemes Kaustubh Sule ran at each month's end, each only in the months they ran it, ₹ crore. A scheme two people run counts in full for both. Source: AMFI.

Schemes over time^{(May 2023 – now)}

GROWW202420252026

Fig. 1.The schemes they ran when, the oldest first: each from the date its fund house gives, or the first document listing them where it gives none, to when they left, coloured by fund house.

Schemes^{(May 2023 – now)}

GROWW

9 now · since May 2023

IB49 Groww Multi Asset Allocation Fund
Fund manager, debtSept 2025—1y 2m₹373 CrMulti Asset AllocationTER 1.00%
IB02 Groww Liquid Fund
Fund managerMay 2023—3y 6m₹301 CrLiquidTER 0.11%
IB03 Groww Aggressive Hybrid Fund
Co-manager, debtMay 2023—3y 6m₹51.2 CrAggressive HybridTER 2.10%

Source.Each scheme's Scheme Summary Document at AMFI and its filings at NSE.

Performance^{(9 schemes)}

Growth · Direct plans, Regular before 2013

Return as manager: +5.74%
Beat peers: 2 of 8
vs peers: −0.55 pt
Longest run: 3.5 years
Beat benchmark: Upcoming

Each scheme Kaustubh Sule ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.

IB16 Groww Overnight Fund	May '23–now · 3.5y	+6.01%	+6.12%	−0.11 pt	–	–
IB05 Groww Dynamic Term Fund	May '23–now · 3.5y	+5.48%	+6.45%	−0.97 pt	–	–
IB02 Groww Liquid Fund	May '23–now · 3.5y	+6.95%	+6.94%	+0.01 pt	–	–
IB10 Groww Short Term Fund	May '23–now · 3.5y	+7.06%	+7.20%	−0.14 pt	–	–
IB03 Groww Aggressive Hybrid Fund	May '23–now · 3.5y	+9.21%	+12.13%	−2.92 pt	–	–
IB24 Groww Nifty 1D Rate Liquid ETF	Sep '24–now · 2.0y	+5.24%	−5.10%	+10.34 pt	–	–
IB37 Groww Gilt Fund	May '25–now · 1.4y	−0.24%	+0.78%	−1.02 pt	–	–
IB49 Groww Multi Asset Allocation Fund	Oct '25–now · 1.0y	−0.37%	+6.94%	−7.31 pt	–	–
IB55 Groww Money Market Fund	Nov '25–now · 0.9y	+5.32%	+5.86%	−0.54 pt	–	–

Fig. 1.Each scheme Kaustubh Sule ran, against its peers and benchmark over the same months. Source: AMFI.

Works with^{(4 now)}

Wilfred GonsalvesIB49 Groww Multi Asset Allocation Fund · IB02 Groww Liquid Fund · IB10 Groww Short Term Fund · IB55 Groww Money Market Fund · IB03 Groww Aggressive Hybrid Fund · IB37 Groww Gilt Fund · IB05 Groww Dynamic Term Fund7 schemes
Ameya SakpalIB24 Groww Nifty 1D Rate Liquid ETF · IB16 Groww Overnight Fund2 schemes
Nikhil SatamIB49 Groww Multi Asset Allocation Fund · IB03 Groww Aggressive Hybrid Fund2 schemes
Paras MataliaIB49 Groww Multi Asset Allocation Fund · IB03 Groww Aggressive Hybrid Fund2 schemes