Expense ratio, exit load and tax
Expense ratio: 0.7%
Inclusive of GST
Exit load
Exit load for units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.
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. Khemani has done B.Com (Hons) and PGDM from IIM, Lucknow.
Experience
Prior to joining Invesco Mutual Fund, He was associated with Motilal Oswal Mutual Fund, HSBC AMC, SBI Mutual Fund, ICICI Prudential AMC and Morgan Stanley Advantage Services.
Managed Schemes
HSBC Conservative Hybrid Fund Direct Growth
HSBC Tax Saver Equity Fund Direct Growth
Invesco India Large & Mid Cap Fund Direct Growth
Invesco India Mid Cap Fund Direct Growth
Motilal Oswal ELSS Tax Saver Fund Direct Growth
Invesco India Smallcap Fund Direct Growth
Motilal Oswal Large and Midcap Fund Direct Growth
Education
Mr. Ganatra holds a Commerce degree and is a Charted Accountant. He is also a Chartered Financial Analyst from AIMR.
Experience
Prior to joining Invesco Asset Management (India) Pvt. Ltd., he has worked with HDFC Mutual Fund, DBS Cholamandalam AMC Pvt. Ltd. and Fidelity.
Managed Schemes
HDFC Value Fund Direct Plan Growth
HDFC ELSS Tax Saver Fund Direct Plan Growth
HDFC Multi Asset Fund Direct Growth
Invesco India Balanced Advantage Fund Direct Growth
Invesco India Contra Fund Direct Growth
Invesco India Large & Mid Cap Fund Direct Growth
Invesco India Financial Services Fund Direct Growth
Invesco India Largecap Fund Direct Growth
Invesco India Mid Cap Fund Direct Growth
Invesco India ELSS Tax Saver Fund Direct Growth
HDFC Income Plus Arbitrage Active FoF Direct Growth
HDFC Equity Opportunities Fund II 1126D May 2017 (1) Direct Growth
HDFC Equity Opportunities Fund II 1100D June 2017 (1) Direct Growth
Invesco India Aggressive Hybrid Fund Direct Growth
HDFC Asset Allocator FoF Direct Growth
Invesco India Flexi Cap Fund Direct Growth