The actual amount you invest will not be invested because 0.005% of it will be deducted by the government in the form of stamp duty. The Stamp Duty came into effect after the Finance Act of 2019, amended the Stamp Act of 1899, to allow the state to collect duty on all securities market instruments including mutual funds. Starting from 1st July 2020, whenever you buy mutual fund units, you will be paying a duty of 0.005% on the Net Investment Amount. The transfer of mutual fund units between one Demat account and another and buying mutual fund units listed on stock exchanges including ETFs, however, will be attracting stamp duty at the rate of