Any customer will be bothered about the expenses she is being charged for a product. In the mutual fund industry, the issue of expenses has come to the fore once again with the Sebi board meeting decision on revised lower expenses. We will discuss here, the relevance of mutual fund expense ratios.
How to track?
After the Sebi Circular dated June 5, 2018, asset management companies (AMCs) prominently disclose the expense ratio on their websites, on a daily basis. Earlier, though AMCs were required to disclose it on their websites, it was not as prominent and the data was not as detailed. The data on the website can now be easily downloaded and the history can be tracked.