Ch.5 · NFO Process and Rules · medium
What must the SID disclose about the 'Total Expense Ratio' (TER)?
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EXPLANATION
The SID must disclose the maximum TER permitted for the scheme under SEBI regulations. Actual TER may vary day-to-day but must not exceed the disclosed maximum. AMCs must also disclose on their website the actual TER charged daily, which investors can monitor.
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