Holdings (97)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 5.69781459% |
| Axis Bank Ltd. | Financial | Equity | 4.22826728% |
| State Bank of India | Financial | Equity | 2.50865419% |
| ICICI Bank Ltd. | Financial | Equity | 2.39831575% |
| Reliance Industries Ltd. | Energy | Equity | 2.28339723% |
| Infosys Ltd. | Technology | Equity | 2.21277613% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.18836361% |
| ITC Ltd. | Consumer Staples | Equity | 2.11911393% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 1.74083281% |
| Delhivery Ltd. | Services | Equity | 1.66488309% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | -2.82% | 16.49% | 22.89% | 24.69% |
| Category Average | -7.26% | 17.83% | 22.75% | NA% |
| Rank Within Category | 24.00% | 26.00% | 16.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.6%
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. 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.
Managed Schemes
Education
Mr. Jain is a B.Tech (ICT) and MBA (Finance).
Experience
Prior to joining Mirae Asset Mutual Fund (Sep. 7, 2015) as a Research Analyst he was associated with Equirus Securities Pvt Ltd. and Infosys Ltd. He has more than 5 years of professional experience and his primary responsibility includes Investment Analysis and Fund Management.