Holdings (79)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 3.09% |
| Reserve Bank of India | Financial | T-Bills | 3.05% |
| Bajaj Housing Finance Ltd. | Financial | CP | 2.96% |
| Bank of India | Financial | CD | 2.95% |
| Reserve Bank of India | Financial | T-Bills | 2.94% |
| Reserve Bank of India | Financial | T-Bills | 2.81% |
| Reserve Bank of India | Financial | T-Bills | 2.66% |
| Canara Bank | Financial | CD | 2.35% |
| Union Bank of India | Financial | CD | 2.06% |
| HDFC Bank Ltd. | Financial | CD | 1.91% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.69% | 7.08% | 5.82% | 7.33% |
| Category Average | 6.25% | 6.81% | 5.60% | NA% |
| Rank Within Category | 14.00% | 10.00% | 16.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.12%
Inclusive of GST
Exit load
Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Fund management
Education
Mr. Iyer is a B. Com, Master in Finance management, Master of Arts (MA) Economics
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with IDBI Mutual Fund, IIFL Mutual Fund, L&T Mutual Fund and Sahara Mutual Fund.