Holdings (86)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 5.29363626% |
| Axis Bank Ltd. | Financial | Equity | 4.61825921% |
| ICICI Bank Ltd. | Financial | Equity | 2.75135011% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.61060158% |
| State Bank of India | Financial | Equity | 2.04854278% |
| Tata Power Company Ltd. | Energy | Equity | 1.83483445% |
| Reliance Industries Ltd. | Energy | Equity | 1.77041696% |
| Ceat Ltd. | Automobile | Equity | 1.73969376% |
| Lupin Ltd. | Healthcare | Equity | 1.72506015% |
| Delhivery Ltd. | Services | Equity | 1.67109129% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 7.96% | NA% | NA% | NA% |
| Category Average | 7.67% | 16.61% | NA% | NA% |
| Rank Within Category | 17.00% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.46%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 365 days.
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.