Holdings (12)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 28.28% |
| ICICI Bank Ltd. | Financial | Equity | 25.4% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 8.53% |
| State Bank of India | Financial | Equity | 8.51% |
| Axis Bank Ltd. | Financial | Equity | 8.4% |
| The Federal Bank Ltd. | Financial | Equity | 3.81% |
| Indusind Bank Ltd. | Financial | Equity | 3.45% |
| Bank Of Baroda | Financial | Equity | 3.41% |
| IDFC First Bank Ltd. | Financial | Equity | 2.74% |
| Punjab National Bank | Financial | Equity | 2.67% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | NA% | NA% | NA% | NA% |
| Category Average | 12.91% | 17.86% | 24.23% | NA% |
| Rank Within Category | NA% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.22%
Inclusive of GST
Exit load
Exit load of 0.25%, if redeemed within 15 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. Sethi is a B. Com (Hons.), CA, CS
Experience
Prior to joining SBI Mutual Fund, he has worked with J. P. Mangal & Co. as Senior Assistant. Harsh Sethi is the Equity Dealer since February 2017.