Ch.7 · Total Expense Ratio Limits · medium
What is the 'TER disclosure' requirement for AMCs as per SEBI?
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EXPLANATION
SEBI mandates comprehensive TER transparency: AMCs must publish the actual TER charged (not just the maximum) on their website daily for each scheme and plan. The SID and KIM must show the maximum permissible TER. Account statements must show commission paid (which is part of TER). This transparency allows investors to compare actual costs across schemes and AMCs.
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