Total Expense Ratio
Recently, the Indian capital market regulator Securities and Exchange Board of India (SEBI) decided to issue a fresh consultation on the issue of total expense ratio (TER) for mutual funds.
- Back in February, 2023, SEBI had discovered that a significant number of new fund offerings (NFOs) of equity mutual funds have attracted funds from existing mutual fund schemes in recent years.
- The market regulator doubts that mutual fund distributors might have recommended individual investors to shift their investments from existing schemes to these NFOs that charge more TER.
- In return, these distributors might have earned higher commission from these NFOs.
About ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 India Lists First Mortgage-Backed Pass Through Certificates on NSE
- 2 Bond Forward in G-Secs
- 3 4th Phase of Consolidation of Regional Rural Banks
- 4 SIDBI’s Report on MSME Sector
- 5 Pradhan Mantri Formalisation of Micro Food Processing Enterprises Scheme
- 6 RBI’s Surplus Transfer: A Catalyst for India’s Economic Growth
- 7 RBI’s Digital Lending Directions 2025
- 8 RBI Recognises FIMMDA as SRO
- 9 MSP for Jute
- 10 Expansion of the Credit Guarantee Scheme for Startups
