Holdings (69)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.64% |
| Reliance Industries Ltd. | Energy | Equity | 7.16% |
| ICICI Bank Ltd. | Financial | Equity | 5.89% |
| Axis Bank Ltd. | Financial | Equity | 4.71% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.87% |
| State Bank of India | Financial | Equity | 3.44% |
| Bajaj Finance Ltd. | Financial | Equity | 3.42% |
| ITC Ltd. | Consumer Staples | Equity | 3.08% |
| GE Vernova T&D India Ltd. | Capital Goods | Equity | 2.81% |
| Infosys Ltd. | Technology | Equity | 2.55% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.79% | 25.49% | 27.69% | 14.62% |
| Category Average | 3.45% | 18.79% | 21.29% | NA% |
| Rank Within Category | 11.00% | 2.00% | 2.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.66%
Inclusive of GST
Exit load
Exit load of 1% if redeemed within 7 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. Bhan is an MBA (Finance) and CFA.
Experience
Prior to joining Nippon India Mutual Fund, he has worked with Emkay Share & Stock Broker Pvt. Ltd, Shah & Sequeira Invst. Pvt. Ltd, ICFAI- Securities Research Center Analyst - Equity Research.
Managed Schemes
Nippon India Large Cap Fund Direct Growth
Nippon India Multi Cap Fund Direct Growth
Nippon India Pharma Fund Direct Growth
Reliance Close Ended Equity Fund Series A Direct Growth
Reliance Close Ended Equity Fund Series B Direct Growth
Reliance Close Ended Equity Fund II Series A Direct Growth
Nippon India India Opportunities Fund Series A Direct Growth
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.