Holdings (22)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.56% |
| Reliance Industries Ltd. | Energy | Equity | 8.4% |
| ITC Ltd. | FMCG | Equity | 6.61% |
| Infosys Ltd. | Technology | Equity | 6.43% |
| ICICI Bank Ltd. | Financial | Equity | 5.4% |
| Larsen & Toubro Ltd. | Construction | Equity | 5.32% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 5.14% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 4.53% |
| Indusind Bank Ltd. | Financial | Equity | 4.24% |
| Yes Bank Ltd. | Financial | Equity | 4.05% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 0.46% | 10.47% | 11.68% | 9.53% |
| Category Average | 6.45% | 11.62% | 14.19% | NA% |
| Rank Within Category | 13.00% | 4.00% | 5.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 2.15%
Inclusive of GST
Exit load
Exit load of 1% if redeemed within 1 year
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. Shah is a Chartered Accountant and PGDM.
Experience
Prior to joining HSBC in 2008 he has worked with FIL Fund Management Pvt. Ltd., Lehman Bros, ICICI Bank and Robo India Finance Pvt. Ltd.
Managed Schemes
Education
Mr. Sahai is a B.Tech from IT BHU and PGDM from IIM
Experience
Prior to joining HSBC AMC he has worked with IDFC Investment Advisors.