Holdings (66)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 6.16137523% |
| ICICI Bank Ltd. | Financial | Equity | 4.14584554% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.34757789% |
| Axis Bank Ltd. | Financial | Equity | 3.06221746% |
| NTPC Ltd. | Energy | Equity | 2.96598728% |
| Garware Hi-Tech Films Ltd. | Chemicals | Equity | 2.63235727% |
| Avalon Technologies Ltd. | Capital Goods | Equity | 2.39820173% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.38328485% |
| Bharat Electronics Ltd. | Capital Goods | Equity | 2.30559348% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 2.30047814% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.97% | 21.87% | 17.66% | NA% |
| Category Average | 4.31% | 19.59% | 19.44% | NA% |
| Rank Within Category | 3.00% | 2.00% | 4.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.85%
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
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
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.