This letter studies the problem of minimizing increasing set functions, equivalently, maximizing decreasing set functions, over the base matroid. This setting has received great interest, since it generalizes several applied problems including actuator and sensor placement problems in control, task allocation problems, video summarization, and many others. We study two greedy heuristics, namely, the forward and reverse greedy. We provide two novel performance guarantees for the approximate solutions obtained by them depending on both submodularity ratio and curvature. © 2021 The Author(s)