Total Expense Ratio

Buch-who oversees India's $4.7 trillion equities market-doesn't plan to rest on her laurels and has set out an ambitious goal such as moving towards instantaneous settlement cycle for secondary market

Urge regulator to ensure MF distribution remains financially viable

Sebi's proposed sweeping changes to mutual funds' Total Expense Ratio (TER) will curb distributor practices of unnecessary switching of schemes and pushing new fund offerings for higher commissions, experts said on Friday. TER accounts for the fees and expenses charged by asset management companies (AMCs). The Securities and Exchange Board of India (Sebi), in its consultation paper on Thursday, proposed the introduction of performance fees for funds. It proposed two approaches in this regard but also suggested testing the models under the Regulatory Sandbox. Considering the underperformance of most mutual fund schemes, the proposal to introduce performance-linked expense ratios along the lines of Portfolio Management Services (PMS) is a step in the right direction, Gopal Kavalireddi, Head of Research at FYERS, said. Globally, many markets have performance fee structures, but the prevalence of these is limited. Many times, performance fee structures tend to be too complex for inves

Proposes to bring expenses like brokerage, transaction, and GST within the total expense ratio

Recent correction factors in most negatives, valuations attractive, say brokerages

This comes amid concerns about misuse of framework

June saw equity inflows taper to Rs 240 crore, while July saw outflows of Rs 2,480 crore, the first time in four years

Credit risk funds usually fetch between 1.5 per cent and 1.9 per cent expense ratio, depending on the fund house and size of the scheme

An increase in TER could further dent investor returns, which have fallen significantly over the last month

Read for a quick lowdown on everything that you need to know about mutual funds, TER, the latest Sebi order and the order's likely impact on you as an investor