Holdings (74)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 4.45% |
| ICICI Bank Ltd. | Financial | Equity | 4.06% |
| Paradeep Phosphates Ltd. | Chemicals | Equity | 3.21% |
| Godfrey Phillips India Ltd. | Consumer Staples | Equity | 3.03% |
| Multi Commodity Exchange Of India Ltd. | Services | Equity | 2.96% |
| Reliance Industries Ltd. | Energy | Equity | 2.95% |
| State Bank of India | Financial | Equity | 2.75% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 2.44% |
| NTPC Ltd. | Energy | Equity | 2.38% |
| The Federal Bank Ltd. | Financial | Equity | 2.28% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 4.64% | 30.19% | 31.07% | NA% |
| Category Average | 1.70% | 23.14% | 25.80% | NA% |
| Rank Within Category | 9.00% | 2.00% | 3.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.78%
Inclusive of GST
Exit load
Exit load for units in excess of 10% of the investment,1% will be charged for redemption 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. Manghat is a B.Sc (Mathematics) and MBA (Finance).
Experience
Prior to joining HSBC Mutual Fund, he has worked with L&T Mutual Fund, Tata Asset Management Ltd.