Holdings (91)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.38201726% |
| ICICI Bank Ltd. | Financial | Equity | 6.03528079% |
| Bharti Airtel Ltd. | Communication | Equity | 4.35535509% |
| Bajaj Finance Ltd. | Financial | Equity | 4.20573166% |
| Torrent Power Ltd. | Energy | Equity | 3.05906906% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.9631046% |
| Infosys Ltd. | Technology | Equity | 2.9186442% |
| Eternal Ltd. | Services | Equity | 2.52750318% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 2.36330319% |
| Reliance Industries Ltd. | Energy | Equity | 2.20231803% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 0.46% | 13.34% | 17.14% | 20.38% |
| Category Average | -2.57% | 17.03% | 21.19% | NA% |
| Rank Within Category | 12.00% | 32.00% | 31.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.8%
Inclusive of GST
Exit load
Nil
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. 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.