Indian mutual fund industry was among the costliest in the world in 2017, though it was also a topper in disclosure experience.
The total expense ratio (TER) for Indian asset management companies (AMCs) is double those of many advanced countries, according to a Morningstar survey.
Though the expense ratio must have come down a tad this year after regulator Sebi capped the commissions and expenses of mutual funds, Indian MFs would still figure among the expensive ones.
