Expense ratio, exit load and tax
Expense ratio: 0.14%
Inclusive of GST
Exit load
Exit load of 0.25%, 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. Modani is Chartered Accountant
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with BOI AXA Mutual Fund, Quantum Asset Management Company Private Limited and Pramerica Asset Managers Pvt. Ltd.
Managed Schemes
Mirae Asset Liquid Fund Direct Growth
Mirae Asset Dynamic Bond Fund Direct Growth
Mirae Asset Short Duration Fund Direct Growth
Mirae Asset Overnight Fund Direct Growth
Mirae Asset Arbitrage Fund Direct Growth
Mirae Asset Money Market Fund Direct Growth
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth
Mirae Asset CRISIL IBX Gilt Index April 2033 Index Fund Direct Growth