Holdings (31)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 19.75597949% |
| HDFC Bank Ltd. | Financial | Equity | 14.85219967% |
| Axis Bank Ltd. | Financial | Equity | 6.81162986% |
| Bajaj Finance Ltd. | Financial | Equity | 5.82079865% |
| State Bank of India | Financial | Equity | 4.53867927% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.48731453% |
| Shriram Finance Ltd | Financial | Equity | 4.17143946% |
| Karur Vysya Bank Ltd. | Financial | Equity | 4.08688644% |
| India Shelter Finance Corporation Ltd. | Financial | Equity | 4.06547894% |
| Max Financial Services Ltd. | Financial | Equity | 3.81542715% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 10.04% | 18.13% | 23.14% | 11.06% |
| Category Average | 6.71% | 16.67% | 22.69% | NA% |
| Rank Within Category | 14.00% | 9.00% | 5.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.15%
Inclusive of GST
Exit load
Exit load of 1%, 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. Premchandani is a Chartered Accountant, MBA and CFA degree holder.
Experience
Prior to joining UTI Mutual Fund, he has worked in Deutsche Equities India, JP Morgan and Peerless General Finance and Investment. In UTI he has been associated with Dept. of Securities Research and Dept. of Fund Management for more than 11 years.