Holdings (76)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 7.3169% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.6518% |
| HDFC Bank Ltd. | Financial | Equity | 3.5769% |
| State Bank of India | Financial | Equity | 3.2568% |
| Reliance Industries Ltd. | Energy | Equity | 2.9846% |
| Ultratech Cement Ltd. | Construction | Equity | 2.9066% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.7196% |
| Axis Bank Ltd. | Financial | Equity | 2.3747% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 2.3298% |
| GE Vernova T&D India Ltd | Capital Goods | Equity | 2.1555% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 7.20% | 17.40% | NA% | NA% |
| Category Average | -0.62% | 16.84% | 19.90% | NA% |
| Rank Within Category | 8.00% | 4.00% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.97%
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
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
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.