Holdings (39)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.97025885% |
| ICICI Bank Ltd. | Financial | Equity | 5.95757676% |
| Bajaj Holdings & Investment Ltd. | Financial | Equity | 5.03751932% |
| Reliance Industries Ltd. | Energy | Equity | 4.76315481% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.59454563% |
| Bharti Airtel Ltd. | Communication | Equity | 4.58875617% |
| SBI Life Insurance Company Ltd. | Insurance | Equity | 4.32753935% |
| Infosys Ltd. | Technology | Equity | 4.10607989% |
| Coal India Ltd. | Energy | Equity | 3.58040952% |
| Cholamandalam Financial Holdings Ltd. | Financial | Equity | 3.22458123% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 1.44% | 18.15% | 22.17% | 9.04% |
| Category Average | -5.82% | 19.66% | 23.45% | NA% |
| Rank Within Category | 2.00% | 18.00% | 13.00% | 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).