Holdings (77)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.56932893% |
| ICICI Bank Ltd. | Financial | Equity | 4.8366477% |
| Axis Bank Ltd. | Financial | Equity | 4.29045892% |
| Infosys Ltd. | Technology | Equity | 3.92780847% |
| State Bank of India | Financial | Equity | 3.89306021% |
| ITC Ltd. | Consumer Staples | Equity | 3.8174447% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.38191065% |
| Reliance Industries Ltd. | Energy | Equity | 2.97306437% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.63645231% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 2.42511764% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.24% | 17.42% | 19.49% | 21.75% |
| Category Average | 0.35% | 15.79% | 17.65% | NA% |
| Rank Within Category | 5.00% | 13.00% | 12.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.57%
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.