Articles tagged “Mutual Fund Charges”
6 articles.
- Total expense ratio in mutual funds
The total expense ratio (TER) is the annual cost a mutual fund charges unitholders as a percentage of its average daily net assets, covering management fees, …
- STT on equity-oriented mutual fund redemption
Securities transaction tax (STT) is levied at 0.001 per cent on the redemption of equity-oriented mutual fund units. It is charged on the value of units …
- Stamp duty on mutual fund units
A stamp duty of 0.005 per cent of the investment amount applies to all purchases and switches of mutual fund units in India with effect from 1 July 2020, under …
- GST on mutual fund management fees
Goods and Services Tax (GST) at 18 per cent applies to the investment management fee component of a mutual fund's total expense ratio. It is embedded within the …
- Exit load in mutual funds
An exit load is a charge deducted from redemption proceeds when an investor exits a mutual fund within a specified holding period. It discourages short-term …
- Entry load in mutual funds, historical note
Entry load was a one-time charge levied on mutual fund investors at the time of purchase, deducted from the investment amount before units were allotted. SEBI …