Expense ratio, exit load and tax
Expense ratio: 1.80351062%
Inclusive of GST
Exit load
Nil
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. Setalvad is a B. Sc and MBA from University of North Carolina.
Experience
Prior to joining HDFC AMC he has worked with New Vernon Advisory Services Ltd., HDFC AMC and ING Barings N.V.
Managed Schemes
HDFC Long Term Advantage Direct Plan Growth
HDFC Mid Cap Opportunities Fund Direct Growth
HDFC Hybrid Equity Fund Direct Plan Growth
HDFC Children's Fund Direct Plan
HDFC Multi Asset Fund Direct Growth
HDFC Small Cap Fund Direct Growth
HDFC Retirement Savings Fund Equity Plan Direct Growth
HDFC Retirement Savings Fund Hybrid Equity Plan Direct Growth