Holdings (79)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 3.72822182% |
| Shakti Pumps (India) Ltd. | Capital Goods | Equity | 3.60648458% |
| Garware Hi-Tech Films Ltd. | Chemicals | Equity | 3.50178723% |
| ICICI Bank Ltd. | Financial | Equity | 2.92683381% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.47629254% |
| Grasim Industries Ltd. | Construction | Equity | 2.06298309% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.03615449% |
| Power Finance Corporation Ltd. | Financial | Equity | 1.99368851% |
| Saregama India Ltd. | Services | Equity | 1.83164692% |
| Axis Bank Ltd. | Financial | Equity | 1.80273622% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 12.34% | NA% | NA% | NA% |
| Category Average | 6.14% | 18.36% | NA% | NA% |
| Rank Within Category | 5.00% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.56%
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
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Fund management
Education
Mr. Patil is an MBA (Finance).
Experience
Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.
Managed Schemes
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.