Expense ratio, exit load and tax
Expense ratio: 0.63%
Inclusive of GST
Exit load
For units in excess of 12% of the investment,1% will be charged for redemption within 365 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
Chartered Accountant
Experience
Prior to joining Tata MF he was associated with Star Union Dai-Ichi Life Insurance Ltd,