Holdings (50)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.98% |
| ICICI Bank Ltd. | Financial | Equity | 7.27% |
| Reliance Industries Ltd. | Energy | Equity | 6.46% |
| State Bank of India | Financial | Equity | 4.96% |
| Axis Bank Ltd. | Financial | Equity | 4.93% |
| Infosys Ltd. | Technology | Equity | 4.28% |
| Housing Development Finance Corporation Ltd. | Financial | Equity | 3.9% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.92% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.69% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.29% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 16.73% | 23.30% | 14.00% | 13.81% |
| Category Average | 7.21% | 12.87% | 21.91% | NA% |
| Rank Within Category | 54.00% | 8.00% | 5.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.25%
Inclusive of GST
Exit load
Exit load of 1% if redeemed 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. Ranjan has done MBA (Finance), BSc Physics (Honors)
Experience
Prior to joining ITI Mutual Fund,he was associated with IDBI Asset Management Limited, Shriram Asset Management Ltd. as Fund Manager (Equity), Way2wealth Securities Ltd. as Head of Research and Advisory and First Global Ltd. as Vice President- Research.
Managed Schemes
IDBI India Top 100 Equity Fund Direct Growth
IDBI Nifty 50 Index Fund Direct Growth
IDBI Nifty Next 50 Index Fund Direct Growth
IDBI Equity Savings Fund Direct Growth
IDBI Equity Advantage Fund Direct Growth
Shriram Aggressive Hybrid Fund Direct Growth
IDBI Flexi Cap Fund Direct Growth
IDBI Hybrid Equity Fund Direct Growth
IDBI Midcap Fund Direct Growth
IDBI Small Cap Fund Direct Growth
IDBI Focused 30 Equity Fund Direct Growth
IDBI Banking & Financial Services Fund Direct Growth
IDBI Long Term Value Fund Direct Growth
Shriram Flexi Cap Fund Direct Growth
IDBI Dividend Yield Fund Direct Growth
Shriram ELSS Tax Saver Fund Direct Growth
IDBI Healthcare Fund Direct Growth
Shriram Balanced Advantage Fund Direct Growth
ITI ELSS Tax Saver Fund Direct Growth
ITI Arbitrage Fund Direct Growth
ITI Large Cap Fund Direct Growth