Holdings (30)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.59235655% |
| ICICI Bank Ltd. | Financial | Equity | 7.33795811% |
| Infosys Ltd. | Technology | Equity | 6.90018173% |
| Axis Bank Ltd. | Financial | Equity | 4.99389045% |
| One97 Communications Ltd. | Services | Equity | 4.62090806% |
| Sapphire Foods India Ltd. | Services | Equity | 4.05600253% |
| Bharti Airtel Ltd. | Communication | Equity | 3.95527629% |
| ITC Ltd. | Consumer Staples | Equity | 3.83927241% |
| SKF India Ltd. | Capital Goods | Equity | 3.76008208% |
| FSN E-Commerce Ventures Ltd. | Services | Equity | 3.6301195% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 4.44% | 12.74% | 19.27% | 29.79% |
| Category Average | -2.39% | 16.21% | 19.90% | NA% |
| Rank Within Category | 10.00% | 59.00% | 38.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.57%
Inclusive of GST
Exit load
Exit load of 1% if redeemed within 1 year.
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. Misra has done BA ECO (HONS) and MBA, IIM Lucknow
Experience
Mr. Misra has over 24 years of experience in investment management and equity research functions. Prior to joining Mirae Asset Mutual Fund, he has worked as Senior Portfolio Manager with ASK Investment Managers Limited.