Holdings (24)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 9.71% |
| ICICI Bank Ltd. | Financial | Equity | 9.48% |
| Reliance Industries Ltd. | Energy | Equity | 9.03% |
| HDFC Bank Ltd. | Financial | Equity | 9.02% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.89% |
| State Bank of India | Financial | Equity | 7.37% |
| Larsen & Toubro Ltd. | Construction | Equity | 5.49% |
| ITC Ltd. | FMCG | Equity | 4.69% |
| Carborundum Universal Ltd. | Metals | Equity | 4.49% |
| Redington India Ltd. | Services | Equity | 4.31% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 36.07% | 21.18% | 18.00% | 15.76% |
| Category Average | 5.89% | 16.25% | 23.57% | NA% |
| Rank Within Category | NA% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.80351062%
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. Setalvad is a B. Sc and MBA from University of North Carolina.
Experience
Prior to joining HDFC AMC he has worked with New Vernon Advisory Services Ltd., HDFC AMC and ING Barings N.V.