Kotak Nifty Bank Index Fund

Expense Ratio

0.59

Exit Load

0.25% of the applicable NAV - If the amount sought to be redeemed or switched ou...

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.