Holdings (63)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 5.04% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.29% |
| Garware Hi-Tech Films Ltd. | Chemicals | Equity | 3.26% |
| ICICI Bank Ltd. | Financial | Equity | 2.97% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.68% |
| Power Finance Corporation Ltd. | Financial | Equity | 2.38% |
| Grasim Industries Ltd. | Construction | Equity | 2.38% |
| SRF Ltd. | Diversified | Equity | 2.18% |
| Godfrey Phillips India Ltd. | Consumer Staples | Equity | 2.16% |
| Bharat Electronics Ltd. | Capital Goods | Equity | 2.12% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 10.62% | 20.98% | 26.23% | NA% |
| Category Average | 5.74% | 18.49% | 26.44% | NA% |
| Rank Within Category | 2.00% | 2.00% | 2.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.69%
Inclusive of GST
Exit load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 12 months.
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. Doshi is a Bachelor of Engineering, MMS (Finance)
Experience
Prior to joining LIC Mutual Fund, he has worked with Subhkam Ventures Pvt. Limited as Equity Analyst.
Managed Schemes
Education
Mr. Mittal is a MBA (Finance) - ICFAI Busines School, Hyderabad. B-Tech (Chemical) - Punjab Technical University.
Experience
Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with Subhkam Ventures Pvt. Limited. SBI Capital Securities and Alchemy Shares and Stock Brokers.