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Options
- A
Disclosure of TER is very critical as there is no regulation capping it.
- B
As the TER of mutual fund schemes is highly regulated and therefore no disclosures are required.
-
SEBI has specific and strict regulations regarding the cap for TER as well as the periodic disclosure of the same.
Correct answer
- D
None of the above.
Why this is the answer
SEBI has regulations to cap the TER for mutual fund schemes and mandates its daily disclosure. The TER affects the NAV of the scheme and must be communicated to investors.
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