SEBI slashes Total Expense Ratio (TER) of Mutual Funds

In September, in its board meeting, SEBI announced slashing of Total Expense Ratio (TER) of Mutual Funds. This decision is attributed to bring transparency in the appropriation of expenses, curb miss-selling and churning. The decision has been taken upon considering the economies of scale. The result of this will make mutual funds cheaper and transparent …

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