Expense ratio, exit load and tax
Expense ratio: 0.32%
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
Ms. Sharma has done B.Com
Experience
She has 10 years of experience in capital market and banking sector. Prior to joining IDBI Mutual Fund, she has worked with NVS Brokerage Pvt. Ltd.