TER change - Just an update

[religionseeker]

Total Expense Ratio (TER) of ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund Direct Plan Growth will be revised from 1.13 to 0.98 with effect from 20-May-2021

 

[rski]

@religionseeker Not out of the goodness of their heart , it’s just that the fund size has increased .

 

[religionseeker]

@rski ok , and is this also a disclosure a fund makes , asking to understand better

 

[rski]

@religionseeker Yes any time TER changes investor need to be informed .

 

[religionseeker]

@rski I meant the AUM size change , is that a mandatory disclosure too ?

 

[rski]

@religionseeker When AUM goes up , the expense ratios change

 

[armana]

@religionseeker AUM size keeps changing