What is the total expense ratio with reference to SIP?
Total Expense Ratio or TER is what the mutual fund insures to run the fund and market it to the masses. TER is at the… Read More »What is the total expense ratio with reference to SIP?
Expense ratio
How do I know the expense ratio of my mutual funds purchased through NJ India Invest?
You can easily find the expense ratios of the funds that you have invested in by visiting the Mutual Fund House’s website. But if i… Read More »How do I know the expense ratio of my mutual funds purchased through NJ India Invest?
How much will the 0.01 % increase in total the expense ratio of my mutual fund impact me? What is an explanation with examples?
It is good that you are concerned about a 0.01% (or 1 basis point) increase in expense ratio. Each such 1 bps increase can decrease… Read More »How much will the 0.01 % increase in total the expense ratio of my mutual fund impact me? What is an explanation with examples?
How do I explain the deductions happening because of expense ratio each year when investing for the long term in index fund or top rated mutual of that category?
The expense ratio goes to paying the fund manager costs, marketing, overheads and the distributor if there is one. If you keep it low, your… Read More »How do I explain the deductions happening because of expense ratio each year when investing for the long term in index fund or top rated mutual of that category?
