Holdings (80)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.54996459% |
| ICICI Bank Ltd. | Financial | Equity | 4.65450673% |
| Axis Bank Ltd. | Financial | Equity | 4.27564194% |
| State Bank of India | Financial | Equity | 4.23212142% |
| Infosys Ltd. | Technology | Equity | 4.12370501% |
| ITC Ltd. | Consumer Staples | Equity | 3.61833988% |
| Reliance Industries Ltd. | Energy | Equity | 3.53833508% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.41342106% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.49410809% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 2.47339599% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 2.93% | 18.48% | 21.65% | 21.75% |
| Category Average | -0.02% | 17.09% | 20.21% | NA% |
| Rank Within Category | 5.00% | 14.00% | 14.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.56%
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.