Savvy does not charge you any fees. There is also no entry-load charged by ICICI Prudential when the investment is made in the liquid fund. However, w.e.f. 01st July 2020, as per SEBI, a stamp duty of 0.005% will be levied on purchase of mutual funds.
Hence, if you invest Rs 10,000, a stamp duty of Rs 0.50 will be levied and the remaining amount of Rs 9999.50 will be used to purchase your mutual fund units.
The stamp duty is not applicable on redemption of units.
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