GST on mutual fund management fees

Tue, 12 May 2026 00:00:00 +0000

Goods and Services Tax (GST) on mutual fund management fees is an 18 per cent GST levied on the investment management and advisory fee charged by an asset management company (AMC) for managing a mutual fund scheme. GST on fund management is classified as a financial service under the GST framework and is embedded within the total expense ratio (TER), meaning it does not increase the TER beyond the published ceiling but reduces the net fee retained by the AMC after GST payment.

Management Fee on WebNotes

GST on mutual fund management fees