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

[newjeff]

@rawritsmnm i buy it only for auto-debit options available there. Also I can invest same amount each month where in etf due to price increase, I may need more funds to accumulate same number of units

 

[nevisummers]

@rawritsmnm lack of liquidity..!!

 

[oogman]

@james76 is it applicable to current customers?

 

[marodi]

@oogman yes, its for everyone

 

[gene1957]

@james76 Why cry? If you want to become financially free, do the fees matter? You can invest more to reach your goal faster.....

 

[francois20154]

@james76 Will an increase of 0.1% mean anything significant?

I personally don't fell it would be a big negative, by the way it seems that a lot of fund houses are increasing their TER, i got a mail from AXIS AMC, which is as below:-
"NOTICE FOR CHANGE IN THE BASE TOTAL EXPENSE RATIO

This is to inform that the Base Total Expense Ratio (Base TER) charged under Regulation 52(6) of SEBI (Mutual Funds) Regulations, 1996 for Axis Bluechip Fund - Direct Plan is changed from 0.39% to 0.40% w.e.f. April 12, 2021.

Investors are requested to kindly take note of the same."

Axis has increase its TER for bluechip fund, other AMCs might also start increasing their expense ratio in due course of time.

So it's better to stick with our respective funds for the moment.