Holdings (77)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 3.6164029% |
| ICICI Bank Ltd. | Financial | Equity | 2.61656193% |
| Garware Hi-Tech Films Ltd. | Chemicals | Equity | 2.15938938% |
| Axis Bank Ltd. | Financial | Equity | 2.13979199% |
| Avalon Technologies Ltd. | Capital Goods | Equity | 1.86662914% |
| State Bank of India | Financial | Equity | 1.82456733% |
| Bharat Forge Ltd. | Automobile | Equity | 1.81891906% |
| Tata Consultancy Services Ltd. | Technology | Equity | 1.80236634% |
| Bharti Hexacom Ltd. | Communication | Equity | 1.78931161% |
| Alkem Laboratories Ltd. | Healthcare | Equity | 1.68819419% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 9.26% | 20.81% | NA% | NA% |
| Category Average | 0.93% | 18.54% | NA% | NA% |
| Rank Within Category | 11.00% | 9.00% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.59%
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. Mittal is a MBA (Finance) - ICFAI Busines School, Hyderabad. B-Tech (Chemical) - Punjab Technical University.
Experience
Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with Subhkam Ventures Pvt. Limited. SBI Capital Securities and Alchemy Shares and Stock Brokers.