Holdings (13)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| REC Ltd. | Financial | NCD | 10.7457991% |
| Export-Import Bank Of India | Financial | Bonds | 9.61735709% |
| Power Finance Corporation Ltd. | Financial | Debenture | 9.61667119% |
| Power Grid Corporation Of India Ltd. | Energy | Bonds | 8.78748847% |
| Gujarat State | Construction | SDL | 5.41507491% |
| Aditya Birla Housing Finance Ltd. | Financial | NCD | 5.34621512% |
| HDB Financial Services Ltd. | Financial | Debenture | 5.31527559% |
| NHPC Ltd. | Energy | Debenture | 5.28066311% |
| L&T Finance Ltd. | Financial | NCD | 5.27468796% |
| Indian Railway Finance Corporation Ltd. | Financial | Bonds | 4.92676542% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 7.26% | 7.30% | 6.14% | 8.47% |
| Category Average | 7.38% | 7.15% | 5.86% | NA% |
| Rank Within Category | 15.00% | 23.00% | 20.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.35%
Inclusive of GST
Exit load
Nil
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.