What charges and taxes apply to mutual fund investments in FYERS?

What Charges and Taxes Apply to Mutual Fund Investments in FYERS?

Mutual fund investing on FYERS is cost-efficient and transparent. While there are no platform fees for purchasing mutual funds, certain regulatory charges and transaction-level costs do apply. Here’s a breakdown of stamp duty, DP charges, and how to view fund-level expenses like the expense ratio.

Charges for Buying Mutual Funds:

  • There is no fee charged by FYERS for purchasing mutual funds—whether through SIPs or one-time investments.
  • All plans available on FYERS are direct plans, which come with the lowest expense ratios and no distributor commissions.

Stamp Duty Applicable:

Yes, stamp duty is charged as per government regulations on all mutual fund purchases, including SIP instalments and switch-ins.

  • Rate: 0.005% of the investment amount (not the NAV)
  • Applies to: One-time investments, SIPs, dividend reinvestment, and switch-ins
  • Does not apply to: Redemptions or withdrawals

Example: For a ₹10,000 investment, ₹0.50 will be deducted as stamp duty before units are allotted.

Stamp duty is processed by the registrar (RTA) and is shown in your transaction statement and contract note.

Charges when Redeeming Mutual Funds:

Yes, a Depository Participant (DP) charge applies when you redeem (sell) mutual fund units:

  • ₹12.5 + 18% GST per ISIN per redemption
  • Charged only at the time of redemption—not for holding or purchasing
  • This is a standard charge across Demat platforms and is auto-deducted

Tax details available on the scheme page:

  • Short-Term Capital Gains (STCG): Applies if you redeem the units within 1 year.
  • Long-Term Capital Gains (LTCG): Applies if you redeem the units after 1 year.

Steps to check mutual fund scheme details:

On FYERS App

  • Log in to the FYERS App.
  • Go to Mutual funds.
  • Tap Explore.
  • Search for the required mutual fund scheme.
  • Open the scheme details page.
  • Tap Key insights to view details such as the Expense ratio and other scheme information.

On FYERS Web

  • Log in to FYERS Web.
  • Go to Mutual Funds.
  • Click Explore.
  • Search for the required mutual fund scheme.
  • Open the scheme details page.
  • Check the Expense ratio and other details under Key insights.

There are no platform charges for investing in mutual funds on FYERS. Stamp duty and DP charges are applied as per regulatory rules and are clearly visible in your transaction statements.

What If...

ScenarioExplanation
You want to check the tax impact before redeemingOpen the scheme page and review the Tax Implication section for Short-Term Capital Gains (STCG) and Long-Term Capital Gains (LTCG) details.
You are unsure how the tax rules apply to youCheck the scheme details on FYERS, then consult a tax advisor for personalized guidance, since actual tax liability depends on your income, holding period, and eligibility.
You want zero transaction costAs long as you do not redeem, there are no transaction charges. Buying and holding is free.
You invest via Systematic Investment Plan (SIP)Stamp duty applies automatically to every Systematic Investment Plan (SIP) installment.
You switch between mutual fund schemesStamp duty applies to the amount invested in the new scheme.
You redeem your mutual fund unitsDepository Participant (DP) charges apply per International Securities Identification Number (ISIN) at redemption. No stamp duty is charged.

Last updated: 13 Apr 2026