Expense ratio, exit load and tax
Expense ratio: 0.19%
Inclusive of GST
Exit load
Exit Load for units in excess of 10% of the investment,0.25% will be charged for redemption within 7 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
Bachelor of Engineering, Master of Management Studies.
Experience
Prior to joining the Bandhan AMC, he was associated with Kotak Securities Ltd, JM Financial Services Ltd,