Holdings (87)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.2052331% |
| Axis Bank Ltd. | Financial | Equity | 5.38525594% |
| ICICI Bank Ltd. | Financial | Equity | 4.63537629% |
| State Bank of India | Financial | Equity | 3.94504042% |
| Infosys Ltd. | Technology | Equity | 3.45531976% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.19623656% |
| Reliance Industries Ltd. | Energy | Equity | 2.82457443% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.32595597% |
| ITC Ltd. | Consumer Staples | Equity | 2.24103513% |
| Bharti Airtel Ltd. | Communication | Equity | 1.84225153% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 8.96% | 14.28% | 25.85% | 21.75% |
| Category Average | 7.45% | 14.57% | 23.54% | NA% |
| Rank Within Category | 23.00% | 23.00% | 12.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.7%
Inclusive of GST
Exit load
Nil
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. Surana is B.E (Mechanical) and MBA in Finance.
Experience
Prior to joining Mirae Asset AMC he has worked with ASK Investment Managers Pvt Ltd.