Holdings (45)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd | Financial | Equity | 13.60587434% |
| HDFC Bank Ltd | Financial | Equity | 10.98137925% |
| Axis Bank Ltd | Financial | Equity | 8.42814947% |
| Bajaj Finance Ltd | Financial | Equity | 5.84215589% |
| State Bank of India | Financial | Equity | 5.36034307% |
| Shriram Transport Finance Company Ltd | Financial | Equity | 5.34916153% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 3.57137017% |
| Bank of Maharashtra | Financial | Equity | 3.12117853% |
| AU Small Finance Bank Ltd | Financial | Equity | 2.95357786% |
| PNB Housing Finance Ltd | Financial | Equity | 2.59580396% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 5.97% | 11.32% | 12.56% | 20.18% |
| Category Average | 16.49% | 14.36% | 16.09% | NA% |
| Rank Within Category | 18.00% | 15.00% | 10.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.15%
Inclusive of GST
Exit load
Exit load of 1% if redeemed within 30 days.
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. Gala has done BMS from Mithibai College and PGDBM-Finance from N.L.Dalmia Institute of Management Studies & Research.
Experience
Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with B&K Securities( January 2008- February 2011) and J.P.Morgan Chase India Private Ltd ( May 2005-July 2006).