Holdings (45)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 7.38305996% |
| HDFC Bank Ltd. | Financial | Equity | 7.00888275% |
| Bharti Airtel Ltd. | Communication | Equity | 3.89491736% |
| Bajaj Finance Ltd. | Financial | Equity | 3.35508771% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 3.13062333% |
| Craftsman Automation Ltd. | Automobile | Equity | 3.04022249% |
| Reliance Industries Ltd. | Energy | Equity | 2.94762456% |
| Mphasis Ltd. | Technology | Equity | 2.5088225% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.49276677% |
| GE Vernova T&D India Ltd. | Capital Goods | Equity | 2.43841474% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 1.61% | 19.47% | 21.07% | 6.64% |
| Category Average | 3.97% | 21.18% | 23.50% | NA% |
| Rank Within Category | 34.00% | 28.00% | 30.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.85%
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).