Holdings (36)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.17693198% |
| ICICI Bank Ltd. | Financial | Equity | 8.79560339% |
| Reliance Industries Ltd. | Energy | Equity | 7.33957964% |
| Larsen & Toubro Ltd. | Construction | Equity | 7.18466138% |
| Bharti Airtel Ltd. | Communication | Equity | 6.69462272% |
| State Bank of India | Financial | Equity | 5.2521791% |
| Bajaj Finance Ltd. | Financial | Equity | 3.63785318% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.13703588% |
| SBI Life Insurance Company Ltd. | Insurance | Equity | 3.02807104% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 2.83557246% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 10.53% | 15.64% | 14.60% | 12.74% |
| Category Average | 7.15% | 15.07% | 14.96% | NA% |
| Rank Within Category | 18.00% | 46.00% | 29.00% | 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).
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.