Holdings (70)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.3469461% |
| ICICI Bank Ltd. | Financial | Equity | 5.08475079% |
| Reliance Industries Ltd. | Energy | Equity | 3.96854851% |
| State Bank of India | Financial | Equity | 3.89863125% |
| Axis Bank Ltd. | Financial | Equity | 3.44736848% |
| Infosys Ltd. | Technology | Equity | 3.27001439% |
| Delhivery Ltd. | Services | Equity | 3.11787684% |
| Laurus Labs Ltd. | Healthcare | Equity | 3.08723642% |
| PB Fintech Ltd. | Services | Equity | 2.86884798% |
| ITC Ltd. | Consumer Staples | Equity | 2.81924587% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 5.72% | 16.37% | 14.69% | 21.75% |
| Category Average | 2.42% | 16.35% | 16.48% | NA% |
| Rank Within Category | 14.00% | 16.00% | 18.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.66%
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.