Holdings (34)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd | Financial | Equity | 7.78272812% |
| HDFC Bank Ltd | Financial | Equity | 7.68773711% |
| Axis Bank Ltd | Financial | Equity | 7.10766548% |
| BSE Ltd | Financial | Equity | 5.90940297% |
| Multi Commodity Exchange Of India Ltd | Financial | Equity | 4.85129297% |
| Bajaj Finance Ltd | Financial | Equity | 3.91282921% |
| Ujjivan Small Finance Bank Ltd | Financial | Equity | 3.69685196% |
| RBL Bank Ltd | Financial | Equity | 3.68481953% |
| SBFC Finance Ltd | Financial | Equity | 3.54750228% |
| India Shelter Finance Corporation Ltd. | Financial | Equity | 2.90631029% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 10.11% | NA% | NA% | NA% |
| Category Average | 16.49% | 14.36% | 16.09% | NA% |
| Rank Within Category | 5.00% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.16%
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
Master of Finance
Experience
Prior to joining the Groww MF, he was associated with ASK Investment Managers, Kotak Investment Advisors 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.