Expense ratio, exit load and tax
Expense ratio: 0.3%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 1 year.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within two years, returns are taxed as per your Income Tax slab. If you redeem after two years, returns are taxed at 12.5%.
Fund management
Education
Mr. Dalwai is a Chartered Accountant.
Experience
Prior to joining the HDFC AMC, he was associated with ICICI Prudential AMC.