Holdings (17)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| L&T Finance Ltd. | Financial | Debenture | 8.34833356% |
| National Bank For Agriculture & Rural Development | Financial | NCD | 8.26000645% |
| Indian Oil Corporation Ltd. | Energy | CP | 8.23225046% |
| LIC Housing Finance Ltd. | Financial | CP | 8.23219267% |
| Reserve Bank of India | Financial | T-Bills | 8.14804134% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 8.14227054% |
| Power Finance Corporation Ltd. | Financial | Debenture | 8.09197458% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 6.91951483% |
| Bank Of Baroda | Financial | CD | 6.60260256% |
| Reserve Bank of India | Financial | T-Bills | 4.89472935% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.92% | 7.01% | 5.63% | 7.39% |
| Category Average | 6.53% | 6.87% | 5.55% | NA% |
| Rank Within Category | 4.00% | 27.00% | 27.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.1%
Inclusive of GST
Exit load
Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Fund management
Education
Mr. Sule is a B.E. (Computer Engineering) & MBA (Finance)
Experience
Prior to joining Groww Mutual Fund (formerly, Indiabulls Mutual Fund), he has worked with Axis Asset Management Company Ltd. HDFC Standard Life Insurance Company Ltd., Reliance Life Insurance Company Ltd., Union Bank of India, Hexaware Technologies Ltd.