Mirae Asset BSE India Defence ETF FOF

Mirae Asset BSE India Defence ETF FOF is a Growth Others mutual fund managed by Mirae Asset Mutual Fund.

The current NAV of Mirae Asset BSE India Defence ETF FOF is ₹11.54 as of Jul 20.

You can invest in Mirae Asset BSE India Defence ETF FOF directly on share.market by searching for the fund, selecting your preferred mode (SIP or Lumpsum), and completing your KYC-verified investment in a few steps.

The minimum SIP amount for Mirae Asset BSE India Defence ETF FOF is ₹99.

The expense ratio of Mirae Asset BSE India Defence ETF FOF is 0.76%.

Mirae Asset BSE India Defence ETF FOF has an exit load as follows: exit load of 0.05%, if redeemed within 15 days.

For Mirae Asset BSE India Defence ETF FOF, if it is an Equity Fund of Funds (having ≥65% of domestic equity funds as underlying), capital gains are taxed similarly to equity funds: STCG of 20% (plus applicable surcharge and 4% health & education cess) if redeemed within 12 months and LTCG of 12.5% if redeemed after 12 months. For Non-Equity Fund of Funds (having <65% of domestic equity funds as underlying, including international, gold, and multi-asset FoFs), gains are taxed based on a 24-month holding period: if redeemed within 24 months or less, profits are added to your total income and taxed as per your individual income tax slab rate; if held for more than 24 months, profits are taxed at a flat rate of 12.5% without indexation benefits. The information set out above is included for general information purposes only and does not constitute legal, financial or tax advice. Tax laws are complex and subject to frequent amendments by the Government of India. In view of the individual nature of the tax consequences, each investor is advised to consult his or her own tax consultant with respect to specific tax implications arising out of their participation in the mutual fund scheme.