Holdings (72)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.03% |
| Reliance Industries Ltd. | Energy | Equity | 6.36% |
| ICICI Bank Ltd. | Financial | Equity | 6.1% |
| Axis Bank Ltd. | Financial | Equity | 4.84% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.91% |
| Bajaj Finance Ltd. | Financial | Equity | 3.71% |
| State Bank of India | Financial | Equity | 3.64% |
| Infosys Ltd. | Technology | Equity | 2.76% |
| NTPC Ltd. | Energy | Equity | 2.73% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.4% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 7.87% | 21.13% | 27.84% | 14.62% |
| Category Average | 6.39% | 14.40% | 21.83% | NA% |
| Rank Within Category | 48.00% | 2.00% | 2.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.71%
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.