Holdings (111)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 8.49% |
| HDFC Bank Ltd. | Financial | Equity | 7.6% |
| Bharti Airtel Ltd. | Communication | Equity | 4.85% |
| Reliance Industries Ltd. | Energy | Equity | 4.44% |
| State Bank of India | Financial | Equity | 3.7% |
| Infosys Ltd. | Technology | Equity | 3.45% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.3% |
| ITC Ltd. | Consumer Staples | Equity | 3.14% |
| GOI | Sovereign | GOI Sec | 2.49% |
| GOI | Sovereign | GOI Sec | 2.43% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 3.07% | 14.40% | 18.98% | 11.80% |
| Category Average | 0.73% | 14.62% | 17.55% | NA% |
| Rank Within Category | 17.00% | 28.00% | 16.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.03%
Inclusive of GST
Exit load
Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 1 year.
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. Ramamurthy is an engineer by qualification from Jadavpur University and has done his MBA from IIM - Calcutta.
Experience
Prior to joining HDFC Asset Management Company Limited, he has worked with Mahindra Mutual Fund, IDBI Federal Life Insurance, IIFL Capital Limited, Maybank Kim Eng, Credit Suisse and KPMG Advisory.