Holdings (60)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | Debenture | 7.26% |
| HDFC Bank Ltd. | Financial | Equity | 6.08% |
| REC Ltd. | Financial | Debenture | 4.64% |
| Bharti Airtel Ltd. | Communication | Equity | 4.21% |
| Reliance Industries Ltd. | Energy | Equity | 4.07% |
| ICICI Bank Ltd. | Financial | Equity | 3.89% |
| Export-Import Bank Of India | Financial | Debenture | 3.8% |
| GOI | Sovereign | GOI Sec | 3.62% |
| Reserve Bank of India | Financial | T-Bills | 3.56% |
| State Bank of India | Financial | Equity | 2.91% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 2.48% | 10.21% | 11.45% | 14.26% |
| Category Average | 4.84% | 12.04% | 12.93% | NA% |
| Rank Within Category | 33.00% | 27.00% | 19.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.002%
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
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. 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).