Large-cap Schemes: Expense Ratio Variations and Rolling Returns
Moneylife Digital Team 31 December 2022
Last week, market regulator Securities and Exchange Board of India (SEBI) shared that it has initiated a study of the regulations pertaining to the fees and expenses in mutual fund (MF) schemes which are called total expense ratio (TER). This is calculated as a percentage of a scheme’s net asset value (NAV). On a daily basis, the NAV of a scheme is updated and disclosed after deducting the...
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