Difference between base expense ratio and total expense ratio

Modified on Wed, 21 Feb 2024 at 03:38 PM

Base Expense Ratio: It includes the essential annual operating expenses like management fees. It's the core cost of running the fund.

Total Expense Ratio (TER): It adds up all costs, including base expenses and GST. TER gives a more complete picture of the overall cost to investors in a mutual fund.

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