Expense ratio, exit load and tax
Expense ratio: 0.39%
Inclusive of GST
Exit load
Exit load of 0.50% if redeemed within 15 days
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. Gupta is a CA, CWA, Cleared CFA level III (AIMR, USA).
Experience
Prior to joining Invesco Asset Management (India) Pvt. Ltd., He has worked with Emkay Global Financial Services Ltd. and Kotak Asset Management Company Ltd.
Managed Schemes
Education
Mr. Mannadi has done Post Graduate Diploma in Security Markets, MBA
Experience
Prior to joining Invesco India Mutual Fund, he has worked with Sahara Asset Management Company, Wipro Business Process Outsourcing, and Capital IQ Pvt. Ltd.,