Holdings (40)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.20426123% |
| ICICI Bank Ltd. | Financial | Equity | 9.11544123% |
| Larsen & Toubro Ltd. | Construction | Equity | 6.12252165% |
| Bharti Airtel Ltd. | Communication | Equity | 4.27385423% |
| Reliance Industries Ltd. | Energy | Equity | 3.79339229% |
| Infosys Ltd. | Technology | Equity | 3.2714963% |
| Avenue Supermarts Ltd. | Services | Equity | 3.26847318% |
| Bajaj Finance Ltd. | Financial | Equity | 3.25502638% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.91877445% |
| SBI Life Insurance Company Ltd. | Insurance | Equity | 2.80684716% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 0.15% | 16.08% | 17.20% | 12.74% |
| Category Average | -1.49% | 15.15% | 18.19% | NA% |
| Rank Within Category | 35.00% | 40.00% | 45.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.26%
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).