Mahindra Manulife Ultra Short to Short Term Fund

Expense Ratio

1.28

Exit Load

1.00% - If redeemed/switched out within 365 days from the date of allotment. Nil...

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.