Holdings (73)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd | Financial | Equity | 4.9% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 3.31% |
| Net Receivables | Unspecified | Net Receivables | 2.66% |
| ITC Ltd | Consumer Staples | Equity | 2.27% |
| Manipal Payment and Identity Solutions Ltd. | Industrials | Equity | 2.23% |
| Bharat Heavy Electricals Ltd | Industrials | Equity | 2.21% |
| Shriram Transport Finance Company Ltd | Financial | Equity | 2.16% |
| Craftsman Automation Ltd | Consumer Discretionary | Equity | 2.15% |
| Axis Bank Ltd | Financial | Equity | 2.13% |
| ICICI Bank Ltd | Financial | Equity | 1.95% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 0.81% | 12.80% | 11.47% | NA% |
| Category Average | 4.80% | 19.16% | 18.84% | NA% |
| Rank Within Category | 19.00% | 16.00% | 15.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.31%
Inclusive of GST
Exit load
Exit load of 0.50%, if redeemed within 3 months.
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. Shah is a B.Com (H) and Chartered Accountant.
Experience
Prior to joining ITI Mutual Fund, he has worked with Principal Mutual Fund, HSBC AMC, Reliance Mutual Fund, ASK Raymond James Securities Pvt. Ltd. and IL&FS AMC. Senior Analyst from April 1997 to August 2003.
Managed Schemes
Education
Mr. Nilay holds a degree in B.E (Computer) from D.J Sanghvi College of Engg & master’s in management studies in KJ Somaiya Institute of Management Studies & Research.
Experience
Prior to joining ITI Mutual Fund, he has with Axis Asset Management Company, SBI Life Insurance Company Ltd & MAQ Software Pvt Ltd.