Holdings (62)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Indus Towers Ltd. | Communication | Equity | 4.63% |
| ICICI Bank Ltd. | Financial | Equity | 3.83% |
| State Bank of India | Financial | Equity | 3.38% |
| Ultratech Cement Ltd. | Construction | Equity | 3.31% |
| HDFC Bank Ltd. | Financial | Equity | 3.18% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | Equity | 2.97% |
| Indusind Bank Ltd. | Financial | Equity | 2.73% |
| Reliance Industries Ltd. | Energy | Equity | 2.63% |
| The Federal Bank Ltd. | Financial | Equity | 2.47% |
| Bajaj Finserv Ltd. | Financial | Equity | 2.45% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 9.12% | 17.86% | 16.53% | 29.27% |
| Category Average | 0.92% | 17.48% | 18.01% | NA% |
| Rank Within Category | 16.00% | 16.00% | 13.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.58%
Inclusive of GST
Exit load
Exit load of 1%, 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. Dhamnaskar is a B.Com (H)and MMS (Finance).
Experience
Prior to joining Mahindra Manulife Mutual Fund, he has worked with Invesco MF, ENAM Securities Direct Pvt. Ltd. and KR Choksey Shares and Securities Pvt. Ltd. He has also worked with Anand Rathi Ltd., as Commodity Research Analyst.
Managed Schemes
Education
MMS (Finance), CFA level 2
Experience
Prior to Joining the Mahindra Manulife AMC he has worked with ENAM AMC, Angel Broking Ltd.