Holdings (83)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 5.79964511% |
| Axis Bank Ltd. | Financial | Equity | 4.49149752% |
| ICICI Bank Ltd. | Financial | Equity | 2.98342445% |
| Reliance Industries Ltd. | Energy | Equity | 2.62491283% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.46969629% |
| ITC Ltd. | Consumer Staples | Equity | 2.20487521% |
| Delhivery Ltd. | Services | Equity | 2.10823044% |
| Ceat Ltd. | Automobile | Equity | 1.91082562% |
| Lupin Ltd. | Healthcare | Equity | 1.74112522% |
| Tata Communications Ltd. | Communication | Equity | 1.71400471% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 8.86% | NA% | NA% | NA% |
| Category Average | 4.36% | 23.94% | NA% | NA% |
| Rank Within Category | 7.00% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.42%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 365 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Fund management
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.