Holdings (19)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 15.72660563% |
| GOI | Sovereign | GOI Sec | 9.94228854% |
| Small Industries Devp. Bank of India Ltd. | Financial | Bonds/NCD | 9.7394089% |
| Aditya Birla Housing Finance Ltd. | Financial | Debenture | 6.45999993% |
| Power Finance Corporation Ltd. | Financial | Bonds | 6.27172762% |
| Angel One Ltd. | Financial | CP | 6.19257335% |
| Bajaj Housing Finance Ltd. | Financial | Debenture | 3.43372234% |
| Nuclear Power Corpn. Of India Ltd. | Energy | Debenture | 3.31623942% |
| Tata Capital Financial Services Ltd. | Financial | NCD | 3.31243152% |
| Export-Import Bank Of India | Financial | Debenture | 3.27984593% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 9.48% | 7.95% | 6.22% | 8.84% |
| Category Average | 8.59% | 7.34% | 5.97% | NA% |
| Rank Within Category | 8.00% | 15.00% | 16.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.36%
Inclusive of GST
Exit load
Nil
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