Holdings (11)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 14.29% |
| Indian Bank | Financial | CD | 8.96% |
| ICICI Securities Ltd. | Financial | CP | 8.81% |
| Axis Bank Ltd. | Financial | CD | 8.04% |
| Export-Import Bank Of India | Financial | CD | 7.17% |
| Punjab National Bank | Financial | CD | 7.15% |
| Canara Bank | Financial | CD | 7.15% |
| State Bank of India | Financial | CD | 7.14% |
| HDFC Securities Ltd. | Financial | CP | 4.47% |
| Bank Of Baroda | Financial | CD | 3.58% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.27% | 6.75% | 5.78% | 4.06% |
| Category Average | 6.25% | 6.83% | 5.67% | NA% |
| Rank Within Category | 28.00% | 31.00% | 31.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.09%
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. Bagwe is a B.Com (H) and PGDBA (Finance)
Experience
Prior to joining ITI Mutual fund he has worked with DSP Mutual Fund, Derivium Capital and Securities Pvt. Ltd. and with Birla Sun Life Securities Ltd.