HDFC index funds expense ratio doubled in direct plans from 15-Apr-2021

[pknight79]

@ahealingpen Woohooo!!!! That's inflation baby.

Edit:Off topic, in 2019 and till 2020 jun a 5 liter can of sunflower oil costed 560 now it's 890, woohooo!!!!

 

[ahealingpen]

@pknight79 Yeh...inflation to pay for someone's Mercedes! I pay .22% with vanguard for global all cap. They are charging .20% for nifty 50.

 

[rebs]

@pknight79 Inflation increases the value to assets under management so the income for fund increases without increasing expense ratio. So inflation is no excuse to increase expense ratio.

 

[pknight79]

@rebs If im wrong, tell me. why the rain of down votes?

 

[williemac]

@ahealingpen Umm - I hope you realise that won't really save you much? Just the pro-rated fee for that one month. Once the new fee kicks in, it will be applicable to the entire fund holding of all existing and new investors, irrespective of when they entered the fund..

 

[kj_oregon]

@james76 JUST IN :
UTI also increased the expense ration to 0.18%
Add this in the post header so that people do not switch unnecessarily !

https://doc.utimf.com/v1/AUTH_5b9dd...e TER w.e.f April 16, 202120210408-113741.pdf

 

[gnobody]

@james76 Should the expense ratio be that strong a reason to move out ??

 

[legroom]

@gnobody In the longer run, it will definitely make a bigger dent into your returns than you think. Just calculate the expense ratio for your investment with the time you've thought of staying put with it. Index funds usually are associated with lower expense ratio which also makes it attractive to investors.

 

[gnobody]

@legroom What's the guarantee of other funds not increasing it, UTI already increased. Others might follow soon.

Note - considering MF only.

 

[legroom]

@gnobody You're right, there's no guarantee. Although, it still does make sense to calculate the expense ratio. All calculations end up helping your investment.

 

[coostox]

@james76 Looks like UTI also is increasing from 0.1% to 0.18% for their direct fund.
UTI MF TER changes

 

[wilddaisy]

@coostox

 

[ligzy]

@james76 HDFC is absolutely going downhill in every respect. Why their stock price is not reflecting this fall in grace is still a mystery!

 

[mamabdog]

@ligzy Why would their stock price fall if they're making more money?

 

[wanderingbeliever]

@ligzy "too large to fail"

 

[dman2718281828]

@james76 Why not buy Nifty Bees directly?

 

[nevisummers]

@dman2718281828 Same..!! Maybe due to lack of liquidity..!!

 

[dman2718281828]

@nevisummers Check Nippon Nifty bees. There is enough liquidity. Even today total volume was around 3.3L

 

[kj_oregon]

@dman2718281828 You easily lose that 0.1% via bid-ask spread .. Liquidity in ETFs is a joke. Market makers also have 0.05-0.1% bid ask spread profits !
tried : NIFTYBEES , ICICI NIFTY ETF, SBI ETF etc all same !

 

[conroy01]

@kj_oregon What's you take on Tata sensex etf? It has a very low expense ratio.