Holdings (31)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 20.91409427% |
| HDFC Bank Ltd. | Financial | Equity | 17.6285316% |
| Nifty Bank | Financial | ID | 6.9453892% |
| State Bank of India | Financial | Equity | 5.68083162% |
| Bajaj Holdings & Investment Ltd. | Financial | Equity | 4.47899971% |
| Axis Bank Ltd. | Financial | Equity | 3.70622873% |
| One97 Communications Ltd. | Services | Equity | 2.3882237% |
| Max Financial Services Ltd. | Financial | Equity | 2.32182671% |
| India Shelter Finance Corporation Ltd. | Financial | Equity | 2.24878011% |
| Nuvama Wealth Management Ltd. | Financial | Equity | 2.20518167% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 10.19% | NA% | NA% | NA% |
| Category Average | 13.48% | 16.01% | 23.69% | NA% |
| Rank Within Category | 24.00% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.36%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 30 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
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.