Expense ratio, exit load and tax
Expense ratio: %
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Fund management
Education
Mr. Mohanty is a B.Com (H), Chartered Accountant and CFA.
Experience
Prior to joining ABSLAMC, he worked with Aditya Birla Management Corporation Ltd.
Managed Schemes
Aditya Birla Sun Life Focused Equity Fund Series 6 Direct Growth
Aditya Birla Sun Life Resurgent India Fund Series 1 Direct Growth
Aditya Birla Sun Life Resurgent India Fund Series 2 Direct Growth
Aditya Birla Sun Life Resurgent India Fund Series 6 Direct Growth
Aditya Birla Sun Life Resurgent India Fund Series 7 Direct Growth