Holdings (31)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 20.1% |
| HDFC Bank Ltd. | Financial | Equity | 19.51% |
| Axis Bank Ltd. | Financial | Equity | 5.32% |
| Multi Commodity Exchange Of India Ltd. | Services | Equity | 5.25% |
| State Bank of India | Financial | Equity | 4.73% |
| Karur Vysya Bank Ltd. | Financial | Equity | 3.58% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 3% |
| HDFC Asset Management Company Ltd. | Financial | Equity | 2.81% |
| Shriram Finance Ltd | Financial | Equity | 2.73% |
| PB Fintech Ltd. | Services | Equity | 2.54% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 10.91% | 23.05% | 24.47% | 15.58% |
| Category Average | 7.52% | 17.35% | 22.92% | NA% |
| Rank Within Category | 9.00% | 1.00% | 3.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.83%
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
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Fund management
Education
Mr. Jain has done BE, CFA and MBA (Finance)
Experience
Prior to joining Invesco India Mutual Fund, he has worked with CRISIL Limited and Dunia Finance LLC Dubai.