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Choosing & Comparing Mutual Funds · Shuruaati · 6 min read

Mutual Fund Ka Expense Ratio Kya Hai?

Chhota jawab

Expense ratio, ya Total Expense Ratio, kisi scheme ko chalane ke liye istemaal ki jaane wali assets ka annual percentage hai — fund management fees, administration, registrar aur distribution costs. Yeh roz accrue hota hai aur NAV declare hone se pehle ghataya jaata hai, isliye aapko kabhi bill nahi milta aur yeh kabhi line-item ke roop mein nahi dikhta: aap jo return dekhte hain wo pehle se hi iske baad ka hai. SEBI kisi scheme dwara liye ja sakne wale maximum TER ki seema tay karta hai, aur yeh seema scheme ke type aur size ke hisaab se alag hoti hai.

Amit Chadha · Mutual Fund Distributor · AMFI ARN: 349461 · Aakhri review

Expense ratio investing ki wo iklauti cost hai jo aap har saal chukaate hain chahe market badhe ya gire, aur wo iklauti cost hai jise aap kabhi apne account se jaate hue nahi dekhte.

Kyunki yeh invisible hai, ise ek mamuli-si rounding error maankar taal dena aasan hai. Lambi holding period mein yeh waisa nahi hai.

Yeh Kya Cover Karta Hai

Total Expense Ratio kisi scheme ko chalane ki baar-baar aane wali costs ko samet-ta hai: AMC ko di jaane wali investment-management fee, registrar aur transfer agent ka charge, custodian fees, audit aur legal costs, marketing aur distribution expenses, aur, Regular Plan mein, distributor commission.

Ise scheme ke net assets ke annual percentage ke roop mein darshaya jaata hai. SEBI yeh tay karta hai ki koi scheme maximum kitna le sakti hai, aur yeh seema scheme ke type ke hisaab se alag hoti hai aur scheme ke assets badhne ke saath ghatti jaati hai.

Yeh Asal Mein Kaise Liya Jaata Hai

Expense ratio roz accrue hota hai aur us din ke NAV tay hone se pehle ghataya jaata hai. Iska koi alag debit, koi invoice aur aapke statement par koi entry nahi hoti.

Iska ek kaam ka nateeja hai: kisi scheme ke liye aap jo bhi return number dekhte hain — uski factsheet par, kisi portal par, aapke apne statement mein — wo pehle se hi expense ratio ke baad ka hai. Schemes ki tulna karte waqt aapko ise phir se ghatane ki zaroorat nahi. Iska yeh bhi matlab hai ki yeh cost har saal aapke poore balance par li jaati hai, sirf aapke investment par nahi.

Samay Ke Saath Ek Chhota-Sa Percentage Kyun Maayne Rakhta Hai

Aadha percentage point ka fark un annual returns ke saamne mamuli lagta hai jo dahai ankon mein hilte hain. Yeh isliye maayne rakhta hai kyunki yeh har saal, badhte hue balance par liya jaata hai, aur hataya gaya paisa compound hona band kar deta hai.

Iski Sahi Tulna Kaise Karein

Jis exact plan aur option ko aap khareedenge, usi ka expense ratio dekhiye. Ek hi scheme ke Direct aur Regular plans alag-alag ratios rakhte hain, isliye kisi Direct Plan ke TER ki tulna kisi doosri scheme ke Regular Plan se karna kuch kaam ka nahi batata.

Kisi category ke bheetar bhi tulna kijiye. Index funds aur ETFs aam taur par actively managed schemes se kam expense ratios rakhte hain kyunki unhein chalaana sasta hota hai; debt funds aam taur par equity funds se kam ratios rakhte hain. Jo number ek active equity fund ke liye kam hai, wo kisi index fund ke liye zyada ho sakta hai.

Sabse Sasta Apne Aap Sabse Suitable Nahi Hai

Expense ratio ek tay-shuda cheez hai aur returns nahi, jo cost ko seriously lene ke liye ek mazboot argument hai. Yeh sirf cost ke aadhaar par chunne ka argument nahi hai.

Thoda zyada ratio lekin aapke goal se mel khaane wala mandate rakhne wali scheme, ek sasti scheme se behtar fit hai jo mel nahi khaati. Cost tulna karne laayak kai cheezon mein se ek hai — mandate, portfolio, risk aur consistency ke saath — apne aap mein koi ranking nahi.

Yeh Badal Sakta Hai

Kisi scheme ka TER hamesha ke liye tay nahi hai. Yeh regulatory seemaon ke bheetar, scheme ke assets badalne ke saath badalta hai, aur fund houses current ratio aur usmein hone wale changes ko batate hain.

Agar aapne kai saalon se koi scheme rakhi hai, to jo ratio aapne shuruaat mein check kiya tha, zaroori nahi ki wahi abhi aap chuka rahe hon.

Mukhya baatein

  • TER kisi scheme ko chalane ki annual percentage cost hai, jo NAV ke andar li jaati hai.
  • Aapko yeh kabhi bill ke roop mein nahi dikhta — har published return pehle se hi iske baad ka hai.
  • SEBI maximum TER ki seema tay karta hai, aur yeh seema scheme ke type aur size ke hisaab se alag hoti hai.
  • Yeh har saal aapke poore balance par liya jaata hai, isliye yeh aapke khilaf compound hota hai.
  • Exact plan aur option ki tulna karein, aur kisi category ke bheetar tulna karein.
  • Kisi scheme ka TER samay ke saath badalta hai aur fund house ise batata hai.

Apne numbers par aazmaiye

For illustration only. Not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Returns assumed are hypothetical and not guaranteed.

Aksar pooche jaane wale sawaal

Sources aur editorial review

Aage kya padhein

Mutual Fund Mein Exit Load Kya Hai?Exit load kya hai, schemes ise kyun lagati hain, SIP ke liye holding period kaise ginaa jaata hai, aur yeh lock-in aur tax se kaise alag hai.Direct Vs Regular Mutual Funds: Fark SamjhiyeEk hi scheme ke dono plans distribution, expense ratio aur NAV mein kaise alag hote hain — aur aap asal mein kisme se choose kar rahe hain.Mutual Fund Mein NAV Kya Hai?Net Asset Value ka matlab kya hai, yeh kaise nikala aur declare hota hai, kam NAV se fund sasta kyun nahi ho jaata, aur aapke transaction par kaun-sa NAV lagu hota hai.Index Fund Kya Hota Hai?Index fund kya hota hai, ye kisi market index ko track karne ki koshish kaise karta hai, ye active management se kaise alag hai, aur tracking difference aur tracking error asal mein kya measure karte hain.

Sirf educational content. Investment advice nahi.

Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme-related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performance of any Mutual Fund Scheme may or may not be sustained in the future. There is no guarantee that the investment objective of any suggested scheme will be achieved. All existing and prospective investors are advised to check and evaluate the exit loads and other cost structure (TER) applicable at the time of making an investment before finalizing any investment decision for Mutual Fund Schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a trailing commission on client investments. Disclosure of commission earnings is made to clients at the time of investment. The option of a Direct Plan for every Mutual Fund Scheme is available to investors and offers the advantage of a lower expense ratio. We are not entitled to earn any commission on Direct Plans; hence, we do not deal in Direct Plans.