Expense ratio, exit load and tax
Expense ratio: 0.46%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 30 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within two years, returns are taxed as per your Income Tax slab. If you redeem after two years, returns are taxed at 12.5%.
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.
Managed Schemes
Education
Mr. Matalia has done B.Com and CA
Experience
Prior to joining Groww Mutual Fund, he has worked with Samco MF, Samco Sec. Ltd, Batliboi & Purohit and Mahajan & Aibara
Managed Schemes
Education
Mr. Gonsalves has done CA and B.Com
Experience
Prior to joining Groww Mutual Fund, he has worked with Edelweiss Tokio Life Insurance and L&T Finance
Managed Schemes
Education
B. com, Masters in Finance.
Experience
Prior to joining Groww MF he was associated with Groww Invest Tech Private Ltd (formerly known as Nextbillion Technology Pvt. Ltd).
Managed Schemes
Groww Nifty India Railways PSU Index Fund Direct Growth
Groww ELSS Tax Saver Fund Direct Growth
Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
Groww Nifty Next 50 Index Fund Direct Growth
Groww Multi Asset Allocation Fund Direct Growth
Groww BSE Power ETF FOF Direct Growth
Groww Nifty India Internet ETF FoF Direct Growth
Groww Nifty 50 Index Fund Direct Growth
Groww Nifty Capital Markets ETF FoF Direct Growth
Groww Nifty 500 Momentum 50 ETF FoF Direct Growth
Groww Nifty Midcap 150 Index Fund Direct Growth
Groww Nifty Non Cyclical Consumer Index Fund Direct Growth
Groww Nifty Smallcap 250 Index Fund Direct Growth
Groww Nifty Total Market Index Fund Direct Growth