Expense ratio, exit load and tax
Expense ratio: 0.65%
Inclusive of GST
Exit load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 365 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. Gokhale is a Chartered Accountant & holds M.Com degree.
Experience
Prior to joining Canara Robeco Mutual Fund, he has worked with Invesco Mutual Fund, IL&FS, ICICI Direct, Rosy Blue Securities Pvt. Ltd., and International Ship Repair LLC Fujairiah.