Holdings (53)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Bharti Airtel Ltd. | Communication | Equity | 3.1165974% |
| Axis Bank Ltd. | Financial | Equity | 2.85961135% |
| Bajaj Finance Ltd. | Financial | Equity | 2.64244208% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.46822694% |
| ITC Ltd. | Consumer Staples | Equity | 2.40656372% |
| ICICI Bank Ltd. | Financial | Equity | 2.08073784% |
| HDFC Bank Ltd. | Financial | Equity | 2.05261665% |
| Ajanta Pharma Ltd. | Healthcare | Equity | 2.00596867% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 1.99055047% |
| Karur Vysya Bank Ltd. | Financial | Equity | 1.8969187% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | NA% | NA% | NA% | NA% |
| Category Average | 4.36% | 23.94% | NA% | NA% |
| Rank Within Category | NA% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.52%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed 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. Lakshmanan is Commerce Graduate, PGDBM (from SPJIMR, Mumbai), CA and has cleared CFA Level 3 (US CFAI).
Experience
Prior to joining UTI Mutual Fund, he was associated with Baroda BNP Paribas AMC (Jul 14, 2008), ICICI Prudential AMC as Senior Research Analyst (Mar 9, 2007-Jul 10, 2008), Goldman Sachs Services Pvt. Ltd. as Business Analyst (Apr 3, 2006-Mar 6, 2007) and with ICICI Bank as Management Trainee.