Holdings (54)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.61103094% |
| ICICI Bank Ltd. | Financial | Equity | 7.33496694% |
| Reliance Industries Ltd. | Energy | Equity | 6.37762869% |
| Infosys Ltd. | Technology | Equity | 4.40059149% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.87105489% |
| State Bank of India | Financial | Equity | 3.66477875% |
| Bharti Airtel Ltd. | Communication | Equity | 3.62693451% |
| Bharat Electronics Ltd. | Capital Goods | Equity | 2.9641853% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.81182941% |
| Tata Power Company Ltd. | Energy | Equity | 2.45752638% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 11.62% | 11.70% | 20.25% | 13.25% |
| Category Average | 7.21% | 12.87% | 21.91% | NA% |
| Rank Within Category | 5.00% | 69.00% | 53.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.02%
Inclusive of GST
Exit load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.
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. Bhatnagar is an MBA (Investment Management) from University of Toronto, Canada and CFA Charter (USA).
Experience
Prior to joining LIC Mutual Fund. He was assocaited with Indiabulls Mutual Fund he has worked with SEBI.
Managed Schemes
Groww Large Cap Fund Direct Growth
LIC MF Aggressive Hybrid Fund Direct Growth
LIC MF Large Cap Fund Direct Growth
LIC MF Nifty 50 Index Fund Direct Growth
LIC MF BSE Sensex Index Fund Direct Growth
Groww Arbitrage Fund Direct Growth
Groww Value Fund Direct Growth
Indiabulls Savings Income Fund Direct Growth
Groww ELSS Tax Saver Fund Direct Growth
Groww Aggressive Hybrid Fund Direct Growth
LIC MF Arbitrage Fund Direct Growth
LIC MF Nifty Next 50 Index Fund Direct Growth
LIC MF Equity Savings Fund Direct Growth
LIC MF Gold ETF FoF Direct Growth
Education
Mr. Rungta has done CA, MBA (Finance), FRM
Experience
Prior to joining Nippon India Mutual Fund, he has worked with Bajaj Allianz Life Insurance Company, Anand Rathi Shares & Stock Brokers Ltd., Standard Chartered Securities (India) Ltd., Religare Capital Markets Ltd. and Moody’s Investor Service -ICRA Ltd.
Managed Schemes
LIC MF Flexi Cap Fund Direct Growth
LIC MF Large Cap Fund Direct Growth
LIC MF Conservative Hybrid Fund Direct Growth
LIC MF Children's Fund Direct Growth
Nippon India Capital Builder Fund IV Series C Direct Growth
Nippon India Capital Builder Fund IV Series D Direct Growth
Nippon India Flexi Cap Fund Direct Growth
LIC MF Small Cap Fund Direct Growth