Holdings (8)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 33.74339978% |
| GOI | Sovereign | GOI Sec | 17.43303416% |
| GOI | Sovereign | GOI Sec | 12.50824108% |
| GOI | Sovereign | GOI Sec | 9.10885759% |
| Reserve Bank of India | Financial | T-Bills | 5.87423714% |
| GOI | Sovereign | CGL | 5.8504981% |
| Maharashtra State | Others | SDL | 3.15270901% |
| Maharashtra State | Others | SDL | 2.51904117% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 7.35% | 7.30% | 5.56% | 8.46% |
| Category Average | 7.92% | 7.52% | 5.30% | NA% |
| Rank Within Category | 20.00% | 20.00% | 19.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.75%
Inclusive of GST
Exit load
Exit load of 0.25% if redeemed within 30 days
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Fund management
Education
Mr. Irani is a B.Com (H) from Mumbai University and holds a PGDBM from Chetna's Institute of Management & Research, Mumbai.
Experience
Prior to joining LIC Mutual Fund he was associated with DSP Investment Managers (Jun 2014-Jul 2016) as VP Fixed Income, Tata Asset Management (Jun 2011-May 2014) as Senior Fund Manager Fixed Income, PNB MetLife India Insurance (Sep 2010-May 2011) as Fund Manager Fixed Income, Mirae Asset Global Investment Management India Pvt. Ltd. (Jan 2008-Jul 2010) as Fund Manager Fixed Income and Tata Asset Management Limited (Sep 2000-Nov 2007) as Fund Manager Fixed Income.
Managed Schemes
Education
Mr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance – IIM, Calcutta
Experience
Prior to joining LIC Mutual Fund, he was associated with CTBC Bank Ltd, IndusInd Bank Ltd, Industrial and Commercial Bank of China, Tata Mutual Fund and LKP Securities