Holdings (63)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 7.64611261% |
| HDFC Bank Ltd. | Financial | Equity | 7.1254945% |
| Reliance Industries Ltd. | Energy | Equity | 6.48429375% |
| Infosys Ltd. | Technology | Equity | 4.29317493% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.85570615% |
| Bharti Airtel Ltd. | Communication | Equity | 3.50036874% |
| Axis Bank Ltd. | Financial | Equity | 3.17731966% |
| State Bank of India | Financial | Equity | 3.08094192% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 3.06157721% |
| ITC Ltd. | Consumer Staples | Equity | 2.76663617% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.38% | 20.35% | 23.15% | 14.90% |
| Category Average | 3.45% | 18.79% | 21.29% | NA% |
| Rank Within Category | 42.00% | 33.00% | 8.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.6%
Inclusive of GST
Exit load
Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days
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. Tandon has done B.E.(Mechanical) and PGDM from IIM-B
Experience
Prior to joining Kotak Mahindra Mutual Fund, he has worked with Reliance Nippon Life Insurance, Max Life Insurance and JP Morgan India