Total Expense Ratio (TER) Explained

Total Expense Ratio
Notice In Respect Of TER

Notes:

1. Base TER excludes additional expenses provided in Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Services Tax (GST) on investment and advisory fees as per applicable rate.

2. Additional Expenses not exceeding 0.30% in terms of Regulation 52(6A)(b) of SEBI (Mutual Funds) Regulations, 1996.

3. Additional Expenses not exceeding 0.05% in terms of Regulation 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996.

4. Present GST rate is 18 %.

5. Percentages mentioned above are annualized.

6. Base TER of direct plan shall have a lower expense ratio excluding distribution expenses, commission, etc., and no commission shall be paid from such plans.

Due to security concerns, Chandigarh and Ludhiana branches will closed till further notice. Investors are requested to use the online portals of LIC Mutual Fund or our registrar, Kfin Technologies Ltd or MF Central to submit any transactions.