Holdings (6)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 19.67% |
| Reserve Bank of India | Financial | T-Bills | 17.77% |
| Reserve Bank of India | Financial | T-Bills | 14.86% |
| Indian Bank | Financial | CD | 9.94% |
| Reserve Bank of India | Financial | T-Bills | 9.88% |
| Canara Bank | Financial | CD | 7.95% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.60% | 4.59% | 5.38% | 7.38% |
| Category Average | 7.09% | 6.69% | 5.33% | NA% |
| Rank Within Category | 27.00% | 10.00% | 4.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.13%
Inclusive of GST
Exit load
Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Fund management
Education
Mr. Sharma is a Commerce Graduate and holds a degree of CA and LLB.
Experience
Prior to joining IDBI Mutual Fund, he has worked with Tata Mutual Fund, Indiabulls Mutual Fund, JM Morgan Stanley and DHFL.