Holdings (52)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Kotak Mahindra Bank Ltd. | Financial | CD | 4.79% |
| LIC Housing Finance Ltd. | Financial | CP | 4.04% |
| Punjab National Bank | Financial | CD | 3.3% |
| Kotak Mahindra Investments Ltd. | Financial | CP | 3.26% |
| Axis Bank Ltd. | Financial | CD | 3.24% |
| HDFC Bank Ltd. | Financial | CD | 3.19% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 3.16% |
| Bajaj Housing Finance Ltd. | Financial | NCD | 2.55% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 2.55% |
| Reserve Bank of India | Financial | T-Bills | 2.43% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 7.79% | 7.37% | 5.89% | 6.43% |
| Category Average | 7.22% | 6.79% | 5.53% | NA% |
| Rank Within Category | 14.00% | 15.00% | 17.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.16%
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.