Expense ratio, exit load and tax
Expense ratio: 0.36%
Inclusive of GST
Exit load
Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 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. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
Experience
Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.
Managed Schemes
Mirae Asset CRISIL IBX Financial Services 9 12 Months Debt Index Fund Direct Growth
Mirae Asset Income Plus Arbitrage Active FoF Direct Growth
Mirae Asset Equity Savings Fund Direct Growth
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
Mirae Asset Corporate Bond Fund Direct Growth
Mirae Asset CRISIL IBX Gilt Index April 2033 Index Fund Direct Growth
Mirae Asset Balanced Advantage Fund Direct Growth
Mirae Asset Liquid Fund Direct Growth
Mirae Asset Fixed Maturity Plan Series III 1122 Days Direct Growth
Mirae Asset Multi Asset Allocation Fund Direct Growth
Mirae Asset Dynamic Bond Fund Direct Growth
Mirae Asset Nifty SDL June 2028 Index Fund Direct Growth
Mirae Asset Money Market Fund Direct Growth
Mirae Asset Aggressive Hybrid Fund Direct Growth
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth
Education
Mr. Ghosh is a Commerce Graduate and holds a Degree in CS and LLB.
Experience
Prior to joining Mirae Asset MF, he was Assistant Company Secretary with JM Financial Asset Management Pvt. Ltd. He has also been associated with organizations like Hindustan Composites Ltd, Tower Capital & Securities Pvt. Ltd and Multi-Arc India Ltd.
Managed Schemes
Education
Mr. Borawake is MBA(Finance) & B.E.(Polymers)
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with Motilal Oswal Securities Ltd. as Vice President and Capmetrics & Risk Solutions Private Ltd. as Research Analyst - Equity.
Managed Schemes
Education
Mr. Srivastava is a MBA (Tech), B.Tech
Experience
Prior to joining Mirae Asset Investment Managers (India) Private Limited, he has been associated with Mirae Asset Global Investments (India) Private Limited, NSE Indices Limited and Morgan Stanley Capital International.