Scheme Objective
The investment objective of the Scheme is to generate long-term capital appreciation through a diversified portfolio of equity and equity related instruments.
Scheme Details
- Fund manager(s) – Rajeev Thakkar , Raunak Onkar , Raj Mehta
- Launch date – 24-Jul-2019
- Expense ratio – 2.46% as declared on 31-Aug-2021 (category average is 2.03%)
- Benchmark - Nifty 500 TRI
- Min SIP amount - ₹1000
- Min investment amount (one time- first time) - ₹500
- Min investment amount (addtional purchase) - ₹500
- Type : Open Ended Fund. You can invest any time in this fund.
Exit Load
You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).
Tax Rate
You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).
Contact Details
Madhab Digital Seva
Tel no.: 9954952328
Click Below Link to Apply Online for This PPFAS Fund
https://selfinvest.ppfas.com/investor/regular/ARN-184989/E372728
