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Options
- A
The AMC is not allowed to change the Total Expense Ratio of a scheme during its entire life time
- B
The AMC can change the Total Expense Ratio and it need not be communicated to the unit holders as it's an internal matter
-
The AMC can change the Total Expense Ratio and it has to be communicated to all the unit holders
Correct answer
- D
There is no term as Total Expense Ratio for a mutual fund scheme
Why this is the answer
As per SEBI regulations, if the AMC changes the Total Expense Ratio (TER), it must inform the unit holders.
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