Holdings (50)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 6.89% |
| HDFC Bank Ltd. | Financial | Equity | 6.78% |
| Reliance Industries Ltd. | Energy | Equity | 5.37% |
| Infosys Ltd. | Technology | Equity | 4.86% |
| Axis Bank Ltd. | Financial | Equity | 3.63% |
| GOI | Sovereign | GOI Sec | 3.62% |
| GOI | Sovereign | GOI Sec | 3.41% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.41% |
| ITC Ltd. | Consumer Staples | Equity | 3.31% |
| National Bank For Agriculture & Rural Development | Financial | NCD | 3.2% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 1.08% | 13.54% | NA% | 15.96% |
| Category Average | 7.66% | 13.93% | 19.40% | NA% |
| Rank Within Category | 36.00% | 24.00% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.0%
Inclusive of GST
Exit load
For units more than 10% of the investments, an 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. Kapil Punjabi is MMS from Mumbai University.
Experience
Prior to joining HSBC Asset Management (India) Pvt. Ltd., he has worked with Taurus Asset Management Co. Ltd., Edelweiss Asset Management Ltd., Edelweiss Securities Ltd. and Trans Market Group Research (India) 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.