Holdings (71)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.71367067% |
| ICICI Bank Ltd. | Financial | Equity | 5.09033111% |
| State Bank of India | Financial | Equity | 4.3782912% |
| Axis Bank Ltd. | Financial | Equity | 3.96639617% |
| Infosys Ltd. | Technology | Equity | 3.34769152% |
| Reliance Industries Ltd. | Energy | Equity | 3.0398338% |
| Eternal Ltd. | Services | Equity | 2.81765426% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.80183739% |
| Delhivery Ltd. | Services | Equity | 2.79410087% |
| Indusind Bank Ltd. | Financial | Equity | 2.772065% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 10.12% | 16.74% | 13.86% | 21.75% |
| Category Average | 2.42% | 16.35% | 16.48% | NA% |
| Rank Within Category | 7.00% | 15.00% | 18.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.61%
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
Mr. Surana is B.E (Mechanical) and MBA in Finance.
Experience
Prior to joining Mirae Asset AMC he has worked with ASK Investment Managers Pvt Ltd.