Holdings (76)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| The Federal Bank Ltd. | Financial | Equity | 3.14828461% |
| Lupin Ltd. | Healthcare | Equity | 3.01863019% |
| Mphasis Ltd. | Technology | Equity | 2.65565009% |
| One97 Communications Ltd. | Services | Equity | 2.35707867% |
| Tata Communications Ltd. | Communication | Equity | 2.32365529% |
| Axis Bank Ltd. | Financial | Equity | 2.29648258% |
| Voltas Ltd. | Consumer Discretionary | Equity | 2.25755308% |
| L&T Finance Ltd. | Financial | Equity | 2.16755731% |
| HDFC Asset Management Company Ltd. | Financial | Equity | 2.14566085% |
| FSN E-Commerce Ventures Ltd. | Services | Equity | 2.06813358% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 3.34% | 15.72% | 30.39% | 39.05% |
| Category Average | 7.34% | 17.55% | 29.11% | NA% |
| Rank Within Category | 38.00% | 26.00% | 14.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.69%
Inclusive of GST
Exit load
Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 1 years.
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.