Processed through RTGS/NEFT mode on T+2 basis from the date of transaction where the investor’s Bank details are available
Processed through cheque on T+2 basis from the date of transaction where the required Bank details of investor are not available.
Equity oriented schemes will also attract Securities Transaction Tax (STT) @ 0.001% at the time of redemption and switch to other schemes.
Stamp Duty applicable on Investors subscription unit transactions including Switch in as per the rate mentioned in the Amendments to Indian Stamp Act,1899
TRANSACTION CHARGES: No Transaction Charges shall be deducted from the investment amount for applications received.
Brokerage and STT have been expensed out of the Scheme.
Please click here for more details on taxation |