News From Press Mutual funds offer lower costs as competition rises in passive space

Mutual funds offer lower costs as competition rises in passive space

Source: Business Standard Jul 27, 2023

Competition is heating up in the passive investment space with mutual funds (MF) striving to offer the lowest-cost index funds and exchange traded funds (ETFs).

Edelweiss MF on Wednesday announced sharp cuts in expenses charged by its equity index funds with the total expense ratio (TER) of all domestic equity index funds brought down to the lowest in their respective categories.

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