Holdings (33)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 13.47% |
| ICICI Bank Ltd. | Financial | Equity | 12.96% |
| Axis Bank Ltd. | Financial | Equity | 8.1% |
| State Bank of India | Financial | Equity | 5.71% |
| Bajaj Finance Ltd. | Financial | Equity | 5.37% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.88% |
| Ujjivan Small Finance Bank Ltd. | Financial | Equity | 3.34% |
| Shriram Finance Ltd | Financial | Equity | 3.31% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 3.01% |
| Aditya Birla Capital Ltd. | Financial | Equity | 2.94% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | NA% | NA% | NA% | NA% |
| Category Average | 16.49% | 14.36% | 16.09% | NA% |
| Rank Within Category | NA% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.66%
Inclusive of GST
Exit load
Exit load of 0.50%, if redeemed within 3 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. Gindodia has done B.Com, CA and CFA
Experience
Prior to joining Mahindra Manulife Mutual Fund, he has worked with PGIM India MF, Alf Accurate Advisors, Multi-Act India and EY
Managed Schemes
Education
Mr. Jajoo is a Chartered Accountant, PGDM (Finance) and MBA (Investments)
Experience
Prior to joining Mahindra Manulife AMC, he has worked with ITI Mutual Fund and Tata Investment Corporation Ltd