SEBI provides clarification on daily disclosure of TER
Mar 27 2019
News Category: Regulatory Updates
According to media reports, SEBI gave clarification with respect to daily disclosing Total Expense Ratio (TER) of a scheme both scheme-wise and date-wise on the website of asset management companies and the Association of Mutual Funds in India. The market regulator also clarified that no notice is required to be issued to investors in case of change in TER on account of change in the Asset Under Management (AUM).