Expense ratio, exit load and tax
Expense ratio: 0.86%
Inclusive of GST
Exit load
Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 1 year.
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
Ms. Sharma has done B.Com, CA and CFA ( Level 2 cleared)
Experience
Prior to joining ICICI Prudential Mutual Fund, she has worked with PwC