Holdings (64)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Reverse Repo | Unspecified | Reverse Repo | 7.08513253% |
| HDFC Bank Ltd | Financial | Equity | 6.53228006% |
| ICICI Bank Ltd | Financial | Equity | 5.01614204% |
| Net Receivables | Unspecified | Net Receivables | 4.84166069% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 4.35319788% |
| Bharti Airtel Ltd | Technology | Equity | 4.33603749% |
| State Bank of India | Financial | Equity | 4.18629117% |
| Larsen & Toubro Ltd | Industrials | Equity | 3.65303993% |
| Axis Bank Ltd | Financial | Equity | 2.92444061% |
| Tata Motors Ltd | Consumer Discretionary | Equity | 2.37081323% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 2.10% | 16.16% | 13.55% | 9.04% |
| Category Average | 4.80% | 19.16% | 18.84% | NA% |
| Rank Within Category | 16.00% | 16.00% | 14.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.58%
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
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.