Holdings (11)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 16.32% |
| Maharashtra State | Others | SDL | 16.09% |
| Gujarat State | Construction | SDL | 13.56% |
| GOI | Sovereign | GOI Sec | 11.13% |
| Maharashtra State | Others | SDL | 7.97% |
| Maharashtra State | Others | SDL | 6.65% |
| HDFC Bank Ltd. | Financial | Debenture | 5.56% |
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | Debenture | 5.24% |
| Maharashtra State | Others | SDL | 5.2% |
| Maharashtra State | Others | SDL | 2.58% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 10.00% | 8.82% | 5.87% | 7.65% |
| Category Average | 7.85% | 7.29% | 5.35% | NA% |
| Rank Within Category | 1.00% | 1.00% | 8.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.21%
Inclusive of GST
Exit load
Exit load of 0.25% if redeemed within 15 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