Ch.7 · Total Expense Ratio Limits · hard
What are the maximum TER limits for equity schemes as per SEBI's revised regulations?
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EXPLANATION
SEBI's revised TER regulations (effective April 2019) set slab-based limits for equity schemes: 2.25% for first ₹500 crore, 2.00% for next ₹250 crore, 1.75% for next ₹1,250 crore, 1.60% for next ₹3,000 crore, 1.50% for next ₹5,000 crore, 1.05% for AUM above ₹50,000 crore (with potential further reduction). Larger funds must charge less.
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