Holdings (22)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.15% |
| ICICI Bank Ltd. | Financial | Equity | 8.04% |
| State Bank of India | Financial | Equity | 5.99% |
| Nippon Life India Asset Management Ltd. | Financial | Equity | 5.98% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 5.12% |
| Axis Bank Ltd. | Financial | Equity | 5.09% |
| PB Fintech Ltd. | Services | Equity | 4.99% |
| Shriram Finance Ltd | Financial | Equity | 4.87% |
| KFin Technologies Ltd. | Financial | Equity | 3.88% |
| Bajaj Finance Ltd. | Financial | Equity | 2.99% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | NA% | NA% | NA% | NA% |
| Category Average | 13.48% | 16.01% | 23.69% | NA% |
| Rank Within Category | NA% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.89%
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
B.Com, C.A, CFA
Experience
Prior to joining HSBC MF he was associated with L&T Investment Management Limited, Edelweiss Broking Limited, SilverArch Investment Management Private Limited.