Holdings (41)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Bharti Airtel Ltd. | Communication | Equity | 7.34795321% |
| ITC Ltd. | Consumer Staples | Equity | 6.16458399% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 5.06508227% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 5.05907745% |
| Trent Ltd. | Services | Equity | 4.51122586% |
| Eternal Ltd. | Services | Equity | 4.16758788% |
| Avenue Supermarts Ltd. | Services | Equity | 3.74384523% |
| Hindustan Unilever Ltd. | Consumer Staples | Equity | 3.57032562% |
| Varun Beverages Ltd. | Consumer Staples | Equity | 3.26846554% |
| Interglobe Aviation Ltd. | Services | Equity | 3.06515344% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 10.53% | 18.48% | 25.53% | 17.24% |
| Category Average | 10.70% | 16.70% | 22.57% | NA% |
| Rank Within Category | 11.00% | 4.00% | 3.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.52%
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. Jain is a B.Tech (ICT) and MBA (Finance).
Experience
Prior to joining Mirae Asset Mutual Fund (Sep. 7, 2015) as a Research Analyst he was associated with Equirus Securities Pvt Ltd. and Infosys Ltd. He has more than 5 years of professional experience and his primary responsibility includes Investment Analysis and Fund Management.
Managed Schemes
Education
Mr. Chhabria is a BBA, MBA and CFA (cleared level 3)
Experience
Prior to joining Mirae Asset Investment Managers (India), he has worked with HDFC securities and CRISIL Limited.