Holdings (32)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd | Financial | Equity | 12.82472498% |
| ICICI Bank Ltd | Financial | Equity | 10.14206894% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 10.089048% |
| Bharti Airtel Ltd | Technology | Equity | 5.87626179% |
| Larsen & Toubro Ltd | Industrials | Equity | 5.37686791% |
| Infosys Ltd | Technology | Equity | 4.56093443% |
| State Bank of India | Financial | Equity | 4.51675031% |
| Axis Bank Ltd | Financial | Equity | 4.15274111% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 3.19904381% |
| ITC Ltd | Consumer Staples | Equity | 3.11690665% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | -5.78% | 7.26% | 8.68% | 12.55% |
| Category Average | 7.15% | 15.07% | 14.96% | NA% |
| Rank Within Category | 106.00% | 84.00% | 61.00% | 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.