Holdings (30)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 13.01902839% |
| Reliance Industries Ltd. | Energy | Equity | 10.65204979% |
| ICICI Bank Ltd. | Financial | Equity | 10.06291894% |
| Bharti Airtel Ltd. | Communication | Equity | 5.82458349% |
| Infosys Ltd. | Technology | Equity | 5.22476252% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.79386881% |
| State Bank of India | Financial | Equity | 4.76156352% |
| Axis Bank Ltd. | Financial | Equity | 3.86829312% |
| ITC Ltd. | Consumer Staples | Equity | 3.24074835% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 3.09343627% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | -3.65% | 8.73% | 10.35% | 12.55% |
| Category Average | 7.15% | 15.07% | 14.96% | NA% |
| Rank Within Category | 103.00% | 84.00% | 59.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.65%
Inclusive of GST
Exit load
Exit load of 0.25%, if redeemed within 7 days.
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
Executive MBA IIM Indore, Post Graduate Diploma in Business Management - NMIMS, Bachelor of Management Studies.
Experience
Prior to joining the LIC MF, he was associated with JM Financial Servies Ltd.