Holdings (44)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd | Financial | Equity | 14.75319821% |
| HDFC Bank Ltd | Financial | Equity | 10.57686296% |
| Axis Bank Ltd | Financial | Equity | 8.21681603% |
| Bajaj Finance Ltd | Financial | Equity | 6.7689174% |
| State Bank of India | Financial | Equity | 5.2069341% |
| Shriram Transport Finance Company Ltd | Financial | Equity | 4.25232407% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 4.11903524% |
| PNB Housing Finance Ltd | Financial | Equity | 3.3367238% |
| Bank of Maharashtra | Financial | Equity | 2.99482881% |
| SBI Life Insurance Company Ltd | Financial | Equity | 2.67007763% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 3.68% | 12.15% | 10.83% | 20.18% |
| Category Average | 16.49% | 14.36% | 16.09% | NA% |
| Rank Within Category | 30.00% | 20.00% | 10.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.12%
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).