Holdings (49)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 6.82696877% |
| ICICI Bank Ltd. | Financial | Equity | 5.34998269% |
| Bharti Airtel Ltd. | Communication | Equity | 4.98106259% |
| State Bank of India | Financial | Equity | 4.54981905% |
| Reliance Industries Ltd. | Energy | Equity | 4.31081948% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.16149556% |
| SBI Life Insurance Company Ltd. | Insurance | Equity | 4.14273835% |
| Axis Bank Ltd. | Financial | Equity | 2.87915176% |
| Manappuram Finance Ltd. | Financial | Equity | 1.90606574% |
| Ambuja Cements Ltd. | Construction | Equity | 1.75058772% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 10.76% | 18.12% | 17.26% | 9.04% |
| Category Average | 4.80% | 19.16% | 18.84% | NA% |
| Rank Within Category | 13.00% | 19.00% | 14.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.9%
Inclusive of GST
Exit load
Exit load of 1% if redeemed within 1 year.
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.