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Best of BS Opinion: Sebi reforms to make things easier for investors
From Sebi's investor-friendly rule changes and PM Modi's West Asia tour to debates on power grid reform, shrimp exports and a Zomato biography, here's today's Best of BS Opinion.
High expense ratio erodes mutual funds' net return, so monitor cost
If your distributor suggests moving from a low- to a high-cost fund, question the rationale of the move
Tipping point: Minimising expense ratio in debt funds is crucial
Short-duration funds (regular), for example, have given an average return of 5.79 per cent over the past three years.
Compare your fund's expense ratio against category average before switching
Wait for a couple of months until all changes in total expense ratios have been announced and then review your situation
Lower expense ratios of MFs good for investors
They should be vigilant about the cost of investment in their portfolio and take steps to reduce this