Holdings (33)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 22.96% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 9.8% |
| Axis Bank Ltd. | Financial | Equity | 8.82% |
| ICICI Bank Ltd. | Financial | Equity | 8.81% |
| SBI Cards And Payment Services Ltd. | Financial | Equity | 3.04% |
| State Bank of India | Financial | Equity | 3% |
| PNB Housing Finance Ltd. | Financial | Equity | 2.59% |
| Bajaj Finance Ltd. | Financial | Equity | 2.46% |
| HDFC Life Insurance Co Ltd. | Insurance | Equity | 2.42% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | Equity | 2.29% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 21.09% | 19.96% | 23.99% | 20.55% |
| Category Average | 13.48% | 16.01% | 23.69% | NA% |
| Rank Within Category | 4.00% | 3.00% | 8.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.53%
Inclusive of GST
Exit load
Exit load of 0.25% if redeemed within 30 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. Sathe is MMS & CFA
Experience
Prior to joining TATA Mutual Fund he has worked with JM Financial Institutional Securities Ltd as Assistant Vice President Equity Research, CARE Ratings as Deputy Manager and HDFC Securities in Equity research.