Expense ratio, exit load and tax
Expense ratio: 0.72%
Inclusive of GST
Exit load
Exit load of 0.50%, if redeemed within 30 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. Sharma is B.E (Computer Engineer) and Master of Management Studies from University of Mumbai
Experience
Prior to joining TATA AMC, he has worked with ICICI Prudential AMC, Oracle Financial Services Software Ltd
Managed Schemes
Education
Chartered Accountant
Experience
Prior to joining Tata MF he was associated with Star Union Dai-Ichi Life Insurance Ltd,