Holdings (61)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.81307897% |
| ICICI Bank Ltd. | Financial | Equity | 7.96336289% |
| Reliance Industries Ltd. | Energy | Equity | 5.75190015% |
| Infosys Ltd. | Technology | Equity | 5.30801184% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.42623963% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.96978468% |
| Bharti Airtel Ltd. | Communication | Equity | 3.82076034% |
| Bajaj Finance Ltd. | Financial | Equity | 3.64769702% |
| Axis Bank Ltd. | Financial | Equity | 2.84201461% |
| Eternal Ltd. | Services | Equity | 2.4437095% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | -1.66% | 11.68% | 10.92% | 14.12% |
| Category Average | 7.15% | 15.07% | 14.96% | NA% |
| Rank Within Category | 91.00% | 55.00% | 52.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.17%
Inclusive of GST
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
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. 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.