Holdings (50)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 7.52203631% |
| HDFC Bank Ltd. | Financial | Equity | 6.08765294% |
| State Bank of India | Financial | Equity | 4.87630944% |
| Persistent Systems Ltd. | Technology | Equity | 3.68435332% |
| Bajaj Finance Ltd. | Financial | Equity | 3.57150802% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 3.24693353% |
| Craftsman Automation Ltd. | Automobile | Equity | 2.89041581% |
| Bharti Airtel Ltd. | Communication | Equity | 2.79659119% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.58778768% |
| Infosys Ltd. | Technology | Equity | 2.51541487% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 2.49% | 13.21% | 20.38% | 6.64% |
| Category Average | 7.45% | 14.57% | 23.54% | NA% |
| Rank Within Category | 34.00% | 28.00% | 30.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.5518%
Inclusive of GST
Exit load
Nil
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
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).