Holdings (50)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 13.08% |
| ICICI Bank Ltd. | Financial | Equity | 8.95% |
| Reliance Industries Ltd. | Energy | Equity | 8.12% |
| Infosys Ltd. | Technology | Equity | 5.32% |
| Bharti Airtel Ltd. | Communication | Equity | 4.37% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.86% |
| ITC Ltd. | Consumer Staples | Equity | 3.59% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.46% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3% |
| Axis Bank Ltd. | Financial | Equity | 2.96% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 8.67% | 11.88% | 21.79% | NA% |
| Category Average | 7.21% | 12.87% | 21.91% | NA% |
| Rank Within Category | 38.00% | 59.00% | 32.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.19%
Inclusive of GST
Exit load
Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 1 month.
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. Praveen is a B.Sc (Mathematics).
Experience
Prior to joining HSBC Mutual Fund, he has worked with L&T MF, Kotak Mahindra AMC and Dalal & Broacha Stock Broking Pvt. Ltd.
Managed Schemes
Education
Mr. Nair has done B.Com and CA
Experience
Prior to joining HSBC Mutual Fund, he has worked with L&T Investment Management Ltd and IDFC Mutual FundIDFC Mutual Fund