Holdings (32)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 17.68% |
| ICICI Bank Ltd. | Financial | Equity | 13.93% |
| Axis Bank Ltd. | Financial | Equity | 9.29% |
| State Bank of India | Financial | Equity | 5.31% |
| SBI Life Insurance Company Ltd. | Insurance | Equity | 4.14% |
| SBI Cards And Payment Services Ltd. | Financial | Equity | 3.46% |
| Indusind Bank Ltd. | Financial | Equity | 3.2% |
| Bajaj Finserv Ltd. | Financial | Equity | 3.15% |
| Cholamandalam Financial Holdings Ltd. | Financial | Equity | 2.93% |
| Bank Of Baroda | Financial | Equity | 2.69% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 8.97% | 19.66% | 27.25% | 12.60% |
| Category Average | 6.71% | 16.67% | 22.69% | NA% |
| Rank Within Category | 15.00% | 5.00% | 1.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.99%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 1 month.
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. Sharma is B.Arch & PGDCM
Experience
Prior to joining Nippon India Mutual Fund he has worked with ICICI Prudential AMC, Kotak Mahindra Mutual Fund, J.P. Morgan India Pvt. Ltd. and UTI Bank.
Managed Schemes
Education
Mr. Dave is a BBA and PGDM
Experience
Prior joining to Nippon India Mutual Fund he has worked with Motilal Oswal Securities Limited - Research Associate (Institutional Equities), Crisil Global Analytics Centre - Credit Analyst – US Oil & Gas Sector, Grantham Mayo, Van Otterloo & Co. - Research Associate Internship.