Holdings (37)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| State Bank of India | Financial | Equity | 17.23907217% |
| NTPC Ltd | Energy & Utilities | Equity | 7.31366168% |
| Power Grid Corporation of India Ltd | Energy & Utilities | Equity | 6.5640634% |
| Bharat Heavy Electricals Ltd | Industrials | Equity | 6.31611326% |
| Union Bank of India | Financial | Equity | 5.12915806% |
| Bank of Maharashtra | Financial | Equity | 4.65044346% |
| Bharat Electronics Ltd | Industrials | Equity | 4.63166671% |
| GAIL (India) Ltd | Energy & Utilities | Equity | 3.85321989% |
| PNB Housing Finance Ltd | Financial | Equity | 3.63650295% |
| Life Insurance Corporation of India | Financial | Equity | 3.42312333% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.75% | 20.03% | 22.35% | 16.04% |
| Category Average | 5.81% | 28.28% | 29.79% | NA% |
| Rank Within Category | 1.00% | 2.00% | 1.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.74%
Inclusive of GST
Exit load
Exit load of 1% if redeemed within 30 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Fund management
Education
Mr. Gala has done BMS from Mithibai College and PGDBM-Finance from N.L.Dalmia Institute of Management Studies & Research.
Experience
Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with B&K Securities( January 2008- February 2011) and J.P.Morgan Chase India Private Ltd ( May 2005-July 2006).