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Decline in AUM to make equity MFs costlier, dent investor returns

An increase in TER could further dent investor returns, which have fallen significantly over the last month

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The AUM of equity schemes have declined 27 per cent to Rs 5.8 trillion at the end of March, from Rs 7.9 trillion two months ago

Ashley Coutinho Mumbai

3 min read Last Updated : Apr 14 2020 | 12:38 AM IST

The total expense ratio (TER) of equity mutual fund (MF) schemes may rise following a steep drop in their assets under management (AUM) in the past two months. This could further dent investor returns, which have fallen significantly because of the market crash last month.

The AUM of equity schemes have declined 27 per cent to Rs 5.8 trillion at the end of March, from Rs 7.9 trillion two months ago. In the same period, the number of equity schemes that managed between Rs 10,000-50,000 crore has reduced to 14 from 21. Similarly, the number of schemes that fell in the

Topics : Total expense ratio Equity Mutual Funds Mutual Funds assets under management

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