Sebi has cut total expense ratio for MFs: Here's what this means for you

Read for a quick lowdown on everything that you need to know about mutual funds, TER, the latest Sebi order and the order's likely impact on you as an investor

In a bid to make investing in mutual fund (MF) schemes cheaper, market regulator Securities and Exchange Board of India (Sebi) on Tuesday lowered the total expense ratio (TER) of MFs. The move is likely not only to make it easier for you to invest in MFs but also improve the returns.

 
So, should you park more money in these funds now? And if so, what will be the real benefits? Before parking your hard-earned money in this investment vehicle, it is important that you first understand what the order actually means and how you stand to benefit from it