Holdings (82)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.44916108% |
| Axis Bank Ltd. | Financial | Equity | 5.29785948% |
| ICICI Bank Ltd. | Financial | Equity | 4.31574388% |
| State Bank of India | Financial | Equity | 3.89013213% |
| Infosys Ltd. | Technology | Equity | 3.74229262% |
| Reliance Industries Ltd. | Energy | Equity | 3.35076104% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.15033387% |
| ITC Ltd. | Consumer Staples | Equity | 3.01631588% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.63985069% |
| Delhivery Ltd. | Services | Equity | 1.7381427% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 8.10% | 21.20% | 26.02% | 21.75% |
| Category Average | 3.97% | 21.18% | 23.50% | NA% |
| Rank Within Category | 11.00% | 21.00% | 12.00% | 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
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
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.