Holdings (63)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.02096748% |
| ICICI Bank Ltd. | Financial | Equity | 7.64165667% |
| Shakti Pumps (India) Ltd. | Capital Goods | Equity | 5.70411045% |
| Axis Bank Ltd. | Financial | Equity | 3.59238037% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 3.00223152% |
| LIC MF Money Market Fund Direct - Growth | NA | Mutual Fund | 2.62652403% |
| Trent Ltd. | Services | Equity | 2.45478028% |
| State Bank of India | Financial | Equity | 2.30024851% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.21274552% |
| Infosys Ltd. | Technology | Equity | 2.12399186% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 0.63% | 17.28% | 20.93% | 14.34% |
| Category Average | -2.57% | 17.03% | 21.19% | NA% |
| Rank Within Category | 11.00% | 20.00% | 26.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.97%
Inclusive of GST
Exit load
Nil
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. Patil is an MBA (Finance).
Experience
Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.
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.