Holdings (39)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.84960945% |
| ICICI Bank Ltd. | Financial | Equity | 7.70737278% |
| State Bank of India | Financial | Equity | 5.26422082% |
| Infosys Ltd. | Technology | Equity | 4.5316345% |
| Coal India Ltd. | Energy | Equity | 4.42167542% |
| Bharti Airtel Ltd. | Communication | Equity | 4.41767908% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 3.88351729% |
| Groww Liquid Fund Direct-Growth | NA | Mutual Fund | 3.75263453% |
| Power Finance Corporation Ltd. | Financial | Equity | 3.30976471% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.26370139% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 7.24% | 15.39% | 23.69% | 9.04% |
| Category Average | 5.63% | 16.54% | 26.67% | NA% |
| Rank Within Category | 11.00% | 18.00% | 14.00% | 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
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).