Holdings (50)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 10.94073208% |
| Reliance Industries Ltd. | Energy | Equity | 8.85098002% |
| ICICI Bank Ltd. | Financial | Equity | 8.4243634% |
| Bharti Airtel Ltd. | Communication | Equity | 5.21879193% |
| Infosys Ltd. | Technology | Equity | 4.29001323% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.01696784% |
| State Bank of India | Financial | Equity | 3.96903473% |
| Axis Bank Ltd. | Financial | Equity | 3.24938066% |
| ITC Ltd. | Consumer Staples | Equity | 2.68664477% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 2.56908314% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | -0.82% | 10.73% | 11.28% | 12.21% |
| Category Average | 7.15% | 15.07% | 14.96% | NA% |
| Rank Within Category | 84.00% | 75.00% | 50.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.55%
Inclusive of GST
Exit load
Exit load of 0.25%, if redeemed within 7 days.
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
Executive MBA IIM Indore, Post Graduate Diploma in Business Management - NMIMS, Bachelor of Management Studies.
Experience
Prior to joining the LIC MF, he was associated with JM Financial Servies Ltd.