Holdings (260)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Cash Margin | Unspecified | Cash Margin | 27.16065411% |
| ICICI Bank Ltd | Financial | Equity | 3.27550305% |
| Repo | Unspecified | Repo | 3.16882131% |
| HDFC Bank Ltd | Financial | Equity | 3.00885636% |
| MUTHOOT FINANCE LIMITED 8.65 NCD 31JN28 FVRS1LAC | Financial | Debenture | 2.50077046% |
| MUTHOOT FINANCE LIMITED OP I 7.88 NCD 22NV28 FVRS1LAC | Financial | Non Convertible Debenture | 2.46052474% |
| 7.47% Reliance Industries Ltd. (MD 16/09/2031)** | Energy & Utilities | Debenture | 2.44092338% |
| Net Receivables | Unspecified | Net Receivables | 2.28239757% |
| Bharti Airtel Ltd | Technology | Equity | 2.24061744% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 2.21409117% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.42% | 11.06% | 9.22% | 14.15% |
| Category Average | 5.93% | 9.94% | 9.07% | NA% |
| Rank Within Category | 4.00% | 3.00% | 4.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.72%
Inclusive of GST
Exit load
Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 90 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. Bafna has done B.Com, MBA, CS, CA, FRM and CFA
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India
Managed Schemes
Mirae Asset Ultra Short to Short Term Fund Direct Growth
Mirae Asset Aggressive Hybrid Fund Direct Growth
Mirae Asset Dynamic Term Fund Direct Growth
Mirae Asset Short Term Fund Direct Growth
Mirae Asset Equity Savings Fund Direct Growth
Mirae Asset Ultra Short Term Fund Direct Growth
Mirae Asset Balanced Advantage Fund Direct Growth
Education
Ms. Sawant is an M.S. Finance ( ICFAI Hyderabad ), CFA and B.Com.
Experience
Prior to joining Mirae Asset Mutual Fund, She was associated with Sushil Finance Securities Pvt. Ltd., Latin Manharlal Securities Pvt. Ltd. and Kabu Shares and Stocking Pvt. Ltd. for Financial Analysis and Research.
Managed Schemes
Education
Mr. Kasera is a MBA (Finance), CFA (ICFAI).
Experience
Prior to joining Mirae Asset Mutual Fund, he was associated with Axis Capital Ltd. as an Equity Research Analyst. He has also been associated with Edelweiss Broking Ltd.
Managed Schemes
Education
Mr. Borawake is MBA(Finance) & B.E.(Polymers)
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with Motilal Oswal Securities Ltd. as Vice President and Capmetrics & Risk Solutions Private Ltd. as Research Analyst - Equity.