Holdings (41)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.30647259% |
| ICICI Bank Ltd. | Financial | Equity | 9.25533601% |
| State Bank of India | Financial | Equity | 5.6388823% |
| Bharti Airtel Ltd. | Communication | Equity | 4.12847268% |
| Groww Liquid Fund Direct-Growth | NA | Mutual Fund | 4.00285895% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.7156691% |
| Bajaj Finance Ltd. | Financial | Equity | 3.4914077% |
| Infosys Ltd. | Technology | Equity | 3.36283547% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 3.15579215% |
| Titan Company Ltd. | Consumer Discretionary | Equity | 3.13789042% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 4.73% | 13.31% | 19.96% | 12.74% |
| Category Average | 7.21% | 12.87% | 21.91% | NA% |
| Rank Within Category | 69.00% | 41.00% | 54.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.026%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 7 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
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).