Holdings (42)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.41116055% |
| ICICI Bank Ltd. | Financial | Equity | 9.16693097% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.5651649% |
| Bharti Airtel Ltd. | Communication | Equity | 4.42106026% |
| Infosys Ltd. | Technology | Equity | 3.46687881% |
| Bajaj Finance Ltd. | Financial | Equity | 3.37617587% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.13197276% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 3.12219253% |
| Titan Company Ltd. | Consumer Discretionary | Equity | 2.92519278% |
| SBI Life Insurance Company Ltd. | Insurance | Equity | 2.77856614% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | -1.63% | 15.54% | 18.39% | 12.74% |
| Category Average | -2.47% | 15.36% | 19.18% | NA% |
| Rank Within Category | 52.00% | 37.00% | 33.00% | 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).