Holdings (25)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Bajaj Finance Ltd. | Financial | Equity | 7.72% |
| Tata Consultancy Services Ltd. | Technology | Equity | 7.38% |
| ICICI Bank Ltd. | Financial | Equity | 6.55% |
| Infosys Ltd. | Technology | Equity | 6.51% |
| Astral Ltd. | Chemicals | Equity | 5.38% |
| Reliance Industries Ltd. | Energy | Equity | 5.07% |
| Avenue Supermarts Ltd. | Services | Equity | 4.44% |
| HDFC Bank Ltd. | Financial | Equity | 4.39% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.36% |
| Motherson Sumi Wiring India Ltd. | Automobile | Equity | 4.22% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | -1.80% | 12.23% | NA% | 18.83% |
| Category Average | 48.85% | 24.54% | NA% | NA% |
| Rank Within Category | 6.00% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.59%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Fund management
Education
Mr. Tiwari is a Chartered Accountant.
Experience
Prior to joining Groww Mutual Fund (formerly, Indiabulls Mutual Fund), he was associated with Axis Mutual Fund, Principal Mutual Fund (July 25, 2011-Sep 21, 2016), Reliance Life Insurance Ltd. (Sep 22, 2010-Jul 15, 2011) and Reliance MF (Mar 21, 2005-Sep 21, 2010).
Managed Schemes
Education
Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
Experience
Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.