Total Expense Ratio for Mutual Funds

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..... d May 30, 2018 on Amendments to SEBI (Mutual Funds) Regulations, 1996 is enclosed for implementation. B. Charging of additional expenses in terms of Regulation 52 (6A) (c) of SEBI (Mutual Funds) Regulations, 1996 Pursuant to amendment to Regulation 52 (6A) (c) of SEBI (Mutual Funds) Regulations, 1996; the reference of "0.20" in all applicable circulars previously issued shall be substituted by & .....

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..... vestment and advisory fees) in comparison to previous base TER charged to any scheme/plan shall be communicated to investors of the scheme/plan through notice via email or SMS at least three working days prior to effecting such change. (For example, if changed TER is to be effective from January 8, 2018, then notice shall be given latest by January 2, 2018, considering at least three working days .....

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..... protect the interests of investors in securities and to promote the development of, and to regulate the securities market. Yours faithfully, Jyoti Sharma Deputy General Manager Tel no.: 022-26449615 Email: [email protected] Annexure A Format for disclosure of TER of mutual fund schemes. Total Expense Ratio (TER) for Mutual Fund Schemes Name of Scheme: XYZ Date (DD/MM/YYYY) Regular Plan .....

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