Holdings (61)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 6.36% |
| REC Ltd. | Financial | Debenture | 5.89% |
| HDFC Bank Ltd. | Financial | Equity | 4.94% |
| LIC Housing Finance Ltd. | Financial | Debenture | 4.36% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 4.25% |
| ICICI Bank Ltd. | Financial | Equity | 4.02% |
| Bharti Airtel Ltd. | Communication | Equity | 3.9% |
| Reliance Industries Ltd. | Energy | Equity | 3.76% |
| Axis Bank Ltd. | Financial | Equity | 3.62% |
| ITC Ltd. | Consumer Staples | Equity | 2.75% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 3.89% | 12.84% | 14.82% | 11.40% |
| Category Average | 5.00% | 14.50% | 17.20% | NA% |
| Rank Within Category | 39.00% | 36.00% | 35.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.845%
Inclusive of GST
Exit load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
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. Nigudkar is an MS(Quantitative Finance) from Olin Business School, Washington University.
Experience
Prior to joining Shriram Mutual Fund, he has worked with DSP MF, State Street Global Advisors (Global Beta Solutions Group) and Credit Suisse (Private Banking Global Research Division).