Fees and expenses for operating the scheme including Investment Management and Advisory
Fee charged by the AMC, Registrar and Transfer Agents Fee, Custodian Fees, Audit
Fees, Marketing and Selling Costs, Cost towards Investor Education & Awareness etc.
As per SEBI Circular Ref no: SEBI/HO/IMD/DF2/CIR/P/2018/18 dated February 05,
2018
(a) AMCs shall prominently disclose on a daily basis, the TER of all schemes under
a separate head - "Total Expense Ratio of Mutual Fund Schemes" on their website
in downloadable spreadsheet format.
(b) Any change in the base TER (i.e. TER excluding additional expenses provided
in Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996)
in comparison to previous base TER charged to any scheme shall be communicated to
investors of the scheme through notice via email or SMS at least three working days
prior to effecting such change.
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