Revised cost slabs for mutual funds have come into effect from 1 April. Accordingly, several equity funds with large asset bases have sharply cut their expense ratios. How much will you benefit from this moderations in costs?
The market watchdog had proposed revised cost slabs and rates for mutual funds last year. The cost structure essentially puts in place incremental cuts in the base expense ratio at different intervals of growth in a fund’s corpus. Under the revised system, larger f ..
