Holdings (38)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 10.33032181% |
| HDFC Bank Ltd. | Financial | Equity | 8.87890932% |
| ICICI Bank Ltd. | Financial | Equity | 7.4965332% |
| GOI | Sovereign | GOI Sec | 5.86074347% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.46584284% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 3.06003095% |
| Bharti Airtel Ltd. | Communication | Equity | 3.04983602% |
| Infosys Ltd. | Technology | Equity | 2.76793857% |
| Max Financial Services Ltd. | Financial | Equity | 2.71281522% |
| Avenue Supermarts Ltd. | Services | Equity | 2.64739921% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 1.15% | 14.06% | 15.75% | 15.15% |
| Category Average | 1.27% | 14.58% | 16.73% | NA% |
| Rank Within Category | 31.00% | 31.00% | 29.00% | 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. 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.