Expense ratio, exit load and tax
Expense ratio: 0.29%
Inclusive of GST
Exit load
Exit Load for units in excess of 10% of the investment,0.25% will be charged for redemption within 30 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
Postgraduate in Finance
Experience
Prior to joining the Franklin AMC, he was associated with EQUIRUS, Anand Rathi, Religare Securities,