Holdings (63)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.89% |
| ICICI Bank Ltd. | Financial | Equity | 7.16% |
| Reliance Industries Ltd. | Energy | Equity | 5.38% |
| Infosys Ltd. | Technology | Equity | 4.83% |
| Bajaj Finance Ltd. | Financial | Equity | 3.6% |
| Axis Bank Ltd. | Financial | Equity | 3.6% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.4% |
| State Bank of India | Financial | Equity | 3.22% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.95% |
| Hindustan Unilever Ltd. | Consumer Staples | Equity | 2.85% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 5.67% | 15.78% | 20.04% | 12.03% |
| Category Average | 0.35% | 15.79% | 17.65% | NA% |
| Rank Within Category | 7.00% | 22.00% | 11.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.6%
Inclusive of GST
Exit load
Nil
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
Ms. Pacha has done PGDBM (Finance) and BE (Computers)
Experience
Prior to joining Mahindra Manulife Mutual Fund, she was associated with ICICI Prudential Life Insurance and UTI Mutual Fund.
Managed Schemes
Education
Mr. Lodha is a Chartered Accountant and Company Secretary
Experience
Prior to joining Mahindra Manulife Mutual Fund, he was associated with Canara HSBC OBC Life Insurance Co Ltd, Kotak Mahindra Mutual Fund. In these roles, he was responsible for Portfolio Management, Equity Research. He has also held various positions in Finance function during his association with BOC India Ltd (Now Linde India Ltd.).