Holdings (62)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.83668067% |
| ICICI Bank Ltd. | Financial | Equity | 8.21157529% |
| Infosys Ltd. | Technology | Equity | 5.41152039% |
| Bharti Airtel Ltd. | Communication | Equity | 4.51443283% |
| Reliance Industries Ltd. | Energy | Equity | 3.96917767% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.9105061% |
| Avenue Supermarts Ltd. | Services | Equity | 3.64493558% |
| Axis Bank Ltd. | Financial | Equity | 3.25561223% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.05517962% |
| Bajaj Finance Ltd. | Financial | Equity | 3.02298751% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 9.10% | 13.18% | 21.27% | 14.12% |
| Category Average | 6.39% | 14.40% | 21.83% | NA% |
| Rank Within Category | 15.00% | 68.00% | 41.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.94%
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
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.