Holdings (44)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 8.18631134% |
| HDFC Bank Ltd. | Financial | Equity | 7.7358813% |
| Larsen & Toubro Ltd. | Construction | Equity | 7.05510201% |
| Bharti Airtel Ltd. | Communication | Equity | 4.42166504% |
| State Bank of India | Financial | Equity | 4.2684716% |
| Cummins India Ltd. | Capital Goods | Equity | 3.51532985% |
| Reliance Industries Ltd. | Energy | Equity | 3.37882275% |
| Infosys Ltd. | Technology | Equity | 3.23731984% |
| Bajaj Finance Ltd. | Financial | Equity | 3.01346981% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 2.93627038% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 4.78% | 13.64% | 12.55% | 12.74% |
| Category Average | 7.15% | 15.07% | 14.96% | NA% |
| Rank Within Category | 31.00% | 44.00% | 31.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.34%
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
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
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.