Which of the statements is correct about Total expense ratio TER ........

Economic Affairs Others

Which of the statements is correct about Total expense ratio (TER)?

It is a ratio between minimum support price and issue price.

It is a measure of total cost of managing mutual funds that investors pay for availing of the services.

It is a ratio between household expenditure and investment in an economy.

None of the above

It is a measure of total cost of managing mutual funds that investors pay for availing of the services.

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