News From Press MFs cut expense ratio, share of equity to woo conservative investors

MFs cut expense ratio, share of equity to woo conservative investors

Source: ET Aug 22, 2023

Fund houses are lowering expense ratio and reducing equity allocation of equity savings funds - a category that invests in a mix of equity, arbitrage, and fixed income - to attract rich investors eyeing a tax-efficient product and first-time investors seeking low volatility.

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