All such costs for running and managing a mutual fund scheme are collectively referred to as 'Total Expense Ratio' (TER) The TER is calculated as a percentage of the Scheme's average Net Asset Value (NAV). The daily NAV of a mutual fund is disclosed after deducting the expenses.
Is legally Sai is part of Sid True or false? SAI is incorporated by reference ( is legally a part of the Scheme Information Document (SID )).
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