Holdings (59)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.8610452% |
| ICICI Bank Ltd. | Financial | Equity | 6.27457601% |
| Infosys Ltd. | Technology | Equity | 4.90038893% |
| Bharti Airtel Ltd. | Communication | Equity | 4.02918092% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.01852753% |
| Axis Bank Ltd. | Financial | Equity | 3.78786092% |
| Reliance Industries Ltd. | Energy | Equity | 3.10170971% |
| State Bank of India | Financial | Equity | 3.05982273% |
| Tech Mahindra Ltd. | Technology | Equity | 2.54994482% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 2.53745963% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 14.56% | 17.01% | 25.58% | 13.12% |
| Category Average | 5.63% | 16.54% | 26.67% | NA% |
| Rank Within Category | 2.00% | 14.00% | 12.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.13%
Inclusive of GST
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption 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. Premchandani is a Chartered Accountant, MBA and CFA degree holder.
Experience
Prior to joining UTI Mutual Fund, he has worked in Deutsche Equities India, JP Morgan and Peerless General Finance and Investment. In UTI he has been associated with Dept. of Securities Research and Dept. of Fund Management for more than 11 years.