Holdings (83)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.37384387% |
| ICICI Bank Ltd. | Financial | Equity | 5.44290375% |
| Bajaj Finance Ltd. | Financial | Equity | 4.75835359% |
| Bharti Airtel Ltd. | Communication | Equity | 4.17573227% |
| Torrent Power Ltd. | Energy | Equity | 3.48513784% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.44991469% |
| Infosys Ltd. | Technology | Equity | 2.83744909% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 2.41249126% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 2.32339398% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 2.25830046% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 8.91% | 12.18% | 18.33% | 20.38% |
| Category Average | 5.89% | 16.25% | 23.57% | NA% |
| Rank Within Category | 11.00% | 33.00% | 31.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.81%
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. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University
Experience
Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.
Managed Schemes
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.