Earlier in September this year, the Securities and Exchange Board of India (SEBI) directed mutual funds houses to rationalise or reduce the Total Expense Ratio (TER) for both equity-oriented and other than equity-oriented mutual fund schemes. Following this, some mutual fund schemes slashed their TERs charged under direct plans drastically, but a fewContinue Reading

What is a Mutual Fund ? A mutual fund is an investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. Mutual funds today can be purchased in two ways –Continue Reading