Holdings (30)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 21.65% |
| Axis Bank Ltd. | Financial | Equity | 8.59% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 8.41% |
| ICICI Bank Ltd. | Financial | Equity | 8.14% |
| Bajaj Finserv Ltd. | Financial | Equity | 3.27% |
| PNB Housing Finance Ltd. | Financial | Equity | 2.81% |
| State Bank of India | Financial | Equity | 2.75% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | Equity | 2.59% |
| Bajaj Finance Ltd. | Financial | Equity | 2.53% |
| Max Financial Services Ltd. | Financial | Equity | 2.51% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 11.46% | 20.71% | 22.48% | 20.55% |
| Category Average | 6.71% | 16.67% | 22.69% | NA% |
| Rank Within Category | 8.00% | 3.00% | 8.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.47%
Inclusive of GST
Exit load
Exit load of 0.25% if redeemed within 30 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. Sathe is MMS & CFA
Experience
Prior to joining TATA Mutual Fund he has worked with JM Financial Institutional Securities Ltd as Assistant Vice President Equity Research, CARE Ratings as Deputy Manager and HDFC Securities in Equity research.