Holdings (33)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 9.55565944% |
| State Bank of India | Financial | Equity | 8.28125391% |
| Bajaj Finance Ltd. | Financial | Equity | 6.44947061% |
| Axis Bank Ltd. | Financial | Equity | 6.03228207% |
| SBFC Finance Ltd. | Financial | Equity | 3.84180596% |
| SBI Life Insurance Company Ltd. | Insurance | Equity | 3.57441233% |
| L&T Finance Ltd. | Financial | Equity | 3.45158867% |
| BSE Ltd. | Services | Equity | 3.29666065% |
| Union Bank of India | Financial | Equity | 3.25329728% |
| Multi Commodity Exchange Of India Ltd. | Services | Equity | 3.21195949% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 15.45% | NA% | NA% | NA% |
| Category Average | 16.49% | 14.36% | 16.09% | NA% |
| Rank Within Category | 11.00% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.41%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 30 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
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.