SEBI reduced Total Expense ratio for all AMC's

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Another great initiative by SEBI

📌 There is no transparency in charges charged by AMC companies. Even for the same mutual fund schemes each AMC's charging differently.

📌 So to get rid of this issue SEBI proposes a uniform Total Expense ratio (TER) for all mutual funds.

📌 This may be a bad news for some AMC companies those who charges more, but beneficial for investors like us.

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