Holdings (30)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Tata Consultancy Services Ltd. | Technology | Equity | 6.38249608% |
| Tata Consumer Products Ltd. | Consumer Staples | Equity | 5.74821472% |
| MAS Financial Services Ltd. | Financial | Equity | 5.51209242% |
| Techno Electric & Engineering Company Ltd. | Capital Goods | Equity | 5.12953948% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.69761551% |
| SBI Cards And Payment Services Ltd. | Financial | Equity | 4.61094064% |
| Vinati Organics Ltd. | Chemicals | Equity | 4.51788408% |
| Tech Mahindra Ltd. | Technology | Equity | 3.84009124% |
| Linde India Ltd. | Chemicals | Equity | 3.77157516% |
| EIH Ltd. | Services | Equity | 3.63088804% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 1.47% | 11.57% | 13.05% | NA% |
| Category Average | 2.19% | 15.99% | 15.61% | NA% |
| Rank Within Category | 81.00% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.17%
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. Bhatnagar is an MBA (Investment Management) from University of Toronto, Canada and CFA Charter (USA).
Experience
Prior to joining LIC Mutual Fund. He was assocaited with Indiabulls Mutual Fund he has worked with SEBI.
Managed Schemes
LIC MF Large Cap Fund Direct Growth
LIC MF Value Fund Direct Growth
LIC MF BSE Sensex Index Fund Direct Growth
LIC MF Focused Fund Direct Growth
LIC MF Nifty 50 Index Fund Direct Growth
LIC MF Aggressive Hybrid Fund Direct Growth
LIC MF Consumption Fund Direct Growth
LIC MF Nifty Next 50 Index Fund Direct Growth
LIC MF Arbitrage Fund Direct Growth
LIC MF Gold ETF FoF Direct Growth
Education
Mr. Toshniwal is a CFA - CFA Institute, USA. MS Finance (CFA) - ICFAI, India. B.com - Gujarat University.
Experience
Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with India First Life Insurance and Taurus Mutual Fund.