Best NFO to invest in Aug 2022
TATA HOUSING OPPORTUNITIES FUND
An open-ended equity scheme following a housing theme
NFO Opens – 16th August 2022
NFO Closes – 29th August 2022
Allotment date – 2nd Sep 2022
NAV – ₹10.00
Expense ratio – NA. Inclusive of GST.
Exit Load – Exit load for units in excess of 12% of the investment, 1% will be charged for redemption within 365 days.
Stamp duty – 0.005% (from July 1st, 2020)
Tax implication – returns are taxed at 15%, if you redeem before one year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Minimum investment amount. Lumpsum – ₹5000. SIP- ₹150
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