Holdings (53)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Canara Bank | Financial | CD | 4.4% |
| Punjab National Bank | Financial | CD | 4.25% |
| Bank Of Baroda | Financial | CD | 3.67% |
| National Bank For Agriculture & Rural Development | Financial | CD | 3.67% |
| Reserve Bank of India | Financial | T-Bills | 2.95% |
| Indian Bank | Financial | CD | 2.94% |
| Axis Bank Ltd. | Financial | CD | 2.94% |
| HDFC Bank Ltd. | Financial | CD | 2.93% |
| Bharti Telecom Ltd. | Communication | CP | 2.26% |
| Indian Bank | Financial | CD | 2.24% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 8.21% | 7.40% | 5.84% | NA% |
| Category Average | 7.88% | 7.16% | 5.79% | NA% |
| Rank Within Category | 15.00% | 14.00% | 15.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.14%
Inclusive of GST
Exit load
Nil
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.