Holdings (36)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.77473495% |
| ICICI Bank Ltd. | Financial | Equity | 7.75102236% |
| Reserve Bank of India | Financial | T-Bills | 7.53473322% |
| Larsen & Toubro Ltd. | Construction | Equity | 5.32349361% |
| Bharti Airtel Ltd. | Communication | Equity | 4.76421341% |
| Reliance Industries Ltd. | Energy | Equity | 4.49685275% |
| Punjab National Bank | Financial | CD | 3.90244943% |
| State Bank of India | Financial | Equity | 3.89335732% |
| Bajaj Finance Ltd. | Financial | Equity | 2.80387887% |
| Max Financial Services Ltd. | Financial | Equity | 2.68568661% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.66% | 12.86% | 13.12% | 15.15% |
| Category Average | 4.72% | 14.31% | 13.94% | NA% |
| Rank Within Category | 33.00% | 35.00% | 30.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.38%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 7 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
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. Sule is a B.E. (Computer Engineering) & MBA (Finance)
Experience
Prior to joining Groww Mutual Fund (formerly, Indiabulls Mutual Fund), he has worked with Axis Asset Management Company Ltd. HDFC Standard Life Insurance Company Ltd., Reliance Life Insurance Company Ltd., Union Bank of India, Hexaware Technologies Ltd.
Managed Schemes
Education
CFA Level 3, PGDM (Finance), BE (E.T.C.E) from Jadavpur University.
Experience
Prior to joining Groww MF he was associated with Centrum Wealth Management Limited & Edelweiss Financial Services Limited.
Managed Schemes
Education
Master of Finance
Experience
Prior to joining the Groww MF, he was associated with ASK Investment Managers, Kotak Investment Advisors Ltd.