Holdings (75)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.83353088% |
| ICICI Bank Ltd. | Financial | Equity | 5.25287006% |
| Axis Bank Ltd. | Financial | Equity | 3.9884399% |
| State Bank of India | Financial | Equity | 3.87221549% |
| ITC Ltd. | Consumer Staples | Equity | 3.76087915% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.28169466% |
| Infosys Ltd. | Technology | Equity | 3.10775803% |
| Reliance Industries Ltd. | Energy | Equity | 2.59229674% |
| Eternal Ltd. | Services | Equity | 2.53304644% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.31340169% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 11.72% | 18.30% | 17.75% | 21.75% |
| Category Average | 2.42% | 16.35% | 16.48% | NA% |
| Rank Within Category | 2.00% | 13.00% | 15.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.58%
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.