Holdings (242)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 4.16158358% |
| ICICI Bank Ltd. | Financial | Equity | 2.7384417% |
| Muthoot Finance Ltd. | Financial | NCD | 2.7001357% |
| State Bank of India | Financial | Equity | 2.33667648% |
| Bharti Airtel Ltd. | Communication | Equity | 2.22528553% |
| Torrent Pharmaceuticals Ltd. | Healthcare | Debenture | 2.16701849% |
| Torrent Pharmaceuticals Ltd. | Healthcare | NCD | 2.16279806% |
| Reliance Industries Ltd. | Energy | Equity | 1.95530909% |
| Axis Bank Ltd. | Financial | Equity | 1.65996639% |
| Larsen & Toubro Ltd. | Construction | Equity | 1.59971744% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 7.09% | 11.76% | 10.57% | 14.15% |
| Category Average | 5.93% | 9.94% | 9.07% | NA% |
| Rank Within Category | 6.00% | 5.00% | 5.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.36%
Inclusive of GST
Exit load
Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 90 Days.
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. Bafna has done B.Com, MBA, CS, CA, FRM and CFA
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India
Managed Schemes
Mirae Asset Low Duration Fund Direct Growth
Mirae Asset Aggressive Hybrid Fund Direct Growth
Mirae Asset Dynamic Bond Fund Direct Growth
Mirae Asset Short Duration Fund Direct Growth
Mirae Asset Equity Savings Fund Direct Growth
Mirae Asset Banking and PSU Fund Direct Growth
Mirae Asset Ultra Short Duration Fund Direct Growth
Mirae Asset Corporate Bond Fund Direct Growth
Mirae Asset Balanced Advantage Fund Direct Growth
Education
Ms. Sawant is an M.S. Finance ( ICFAI Hyderabad ), CFA and B.Com.
Experience
Prior to joining Mirae Asset Mutual Fund, She was associated with Sushil Finance Securities Pvt. Ltd., Latin Manharlal Securities Pvt. Ltd. and Kabu Shares and Stocking Pvt. Ltd. for Financial Analysis and Research.
Managed Schemes
Education
Mr. Kasera is a MBA (Finance), CFA (ICFAI).
Experience
Prior to joining Mirae Asset Mutual Fund, he was associated with Axis Capital Ltd. as an Equity Research Analyst. He has also been associated with Edelweiss Broking Ltd.
Managed Schemes
Education
Mr. Borawake is MBA(Finance) & B.E.(Polymers)
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with Motilal Oswal Securities Ltd. as Vice President and Capmetrics & Risk Solutions Private Ltd. as Research Analyst - Equity.