Holdings (91)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 6.6288906% |
| ICICI Bank Ltd. | Financial | Equity | 6.25508338% |
| Bharti Airtel Ltd. | Communication | Equity | 3.41717447% |
| Interglobe Aviation Ltd. | Services | Equity | 3.18033927% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.15829799% |
| Ultratech Cement Ltd. | Construction | Equity | 3.09200233% |
| Reliance Industries Ltd. | Energy | Equity | 2.64304074% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.2194091% |
| Infosys Ltd. | Technology | Equity | 2.11410831% |
| HDFC Life Insurance Co Ltd. | Insurance | Equity | 1.98446272% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.40% | NA% | NA% | NA% |
| Category Average | 2.36% | 18.06% | 26.24% | NA% |
| Rank Within Category | 18.00% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.69%
Inclusive of GST
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
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. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
Experience
Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
Managed Schemes
Education
Mr. Das is a PGDM, M.Tech, B.Tech
Experience
Prior to joining Axis Mutual Fund, he has worked with Barclays Securities India Pvt. Ltd., Credit Suisse Securities (India) Pvt. Ltd., Ebusinessware (India) Pvt. Ltd., Yes Bank.