Holdings (59)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.38688141% |
| ICICI Bank Ltd. | Financial | Equity | 6.70254655% |
| Reliance Industries Ltd. | Energy | Equity | 6.55257168% |
| Infosys Ltd. | Technology | Equity | 4.29789329% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.92590566% |
| Bharti Airtel Ltd. | Communication | Equity | 3.69374223% |
| State Bank of India | Financial | Equity | 2.92510111% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.81603452% |
| ITC Ltd. | Consumer Staples | Equity | 2.55748466% |
| Tata Power Company Ltd. | Energy | Equity | 2.43165086% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | -1.95% | 13.25% | 17.81% | 13.25% |
| Category Average | -3.41% | 14.61% | 18.94% | NA% |
| Rank Within Category | 51.00% | 64.00% | 48.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.03%
Inclusive of GST
Exit load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 3 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. Bendre has done B.E(Mechanical), MBA (Finance) and PhD (Finance)
Experience
Prior to joining LIC Mutual Fund, he has worked with IDBI Capital, Vervene Asset Management, Stewart & Mackertich, Karvy Inst. Equity and Way2wealth, Quantum Securities