Question

    What is the new term introduced by SEBI for the total

    expense ratio in mutual funds?  
    A Net Expense Ratio Correct Answer Incorrect Answer
    B Base Fund Cost Correct Answer Incorrect Answer
    C Base Expense Ratio Correct Answer Incorrect Answer
    D Core Expense Ratio Correct Answer Incorrect Answer
    E Total Fund Ratio Correct Answer Incorrect Answer

    Solution

    SEBI has renamed the Total Expense Ratio as Base Expense Ratio (BER), which excludes GST, stamp duty, and STT, while total charges include brokerage and other statutory levies.  

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