Change in expense ratios of all mutual fund houses

SEBI recently changed the slabs for expense ratios based on the AUM and also, banned upfront commissions. This has lead to a substantial reduction in expense ratios, across AMCs. This has made direct plans of mutual funds a whole lot cheaper than before.

You can keep track of the all changes in expense of all the AMCs here.

1 Like

Revised expense structure of Mirae Asset management funds

Scheme Direct Plan Regular Plan
Existing Revised Existing Revised
Mirae Asset Cash Management Fund - - 0.19% 0.09%
Mirae Asset Dynamic Bond Fund 0.42% 0.27% 2.00% 1.50%
Mirae Asset Emerging Blue Chip Fund 1.44% 0.71% - -
Mirae Asset Great Consumer Fund 1.28% 0.62% 2.24% 2.26%
Mirae Asset Healthcare Fund 1.09% 0.69% 2.32% 2.33%
Mirae Asset Hybrid Equity Fund 0.77% 0.29% 1.96% 1.98%
Mirae Asset India Equity Fund 1.09% 0.64% - -
Mirae Asset Savings Fund 0.18% 0.17% - -
Mirae Asset Short Term Fund 0.48% 0.24% 1.25% 1.00%
Mirae Asset Tax Saver Fund 1.19% 0.34% 2.00% 2.03%

Revised expense structure of PPFAS Asset management funds

Scheme Direct Plan Regular Plan
Existing Revised Existing Revised
Parag Parikh Long Term Equity Fund 1.77 1.43 2.27 2.18

Revised expense structure of Edeweiss Asset management funds

Scheme Regular Plan Direct Plan
Existing Revised Existing Revised
Edelweiss Dynamic Bond Fund 0.90% 0.96% 0.60% 0.28%
Edelweiss Liquid Fund 0.16% 0.17% 0.06% 0.07%
Edelweiss Multi-Asset Allocation Fund 2.23% 2.29% 1.43% 1.20%
Edelweiss Mid Cap Fund 2.11% 2.17% 0.91% 0.69%
Edelweiss Tax Advantage Fund 2.48% 2.47% 2.18% 1.63%
Edelweiss Corporate Bond Fund 1.00% 1.01% 0.30% 0.31%
Edelweiss Balanced Advantage Fund 2.00% 2.02% 1.10% 0.55%
Edelweiss Large Cap Fund 1.29% 1.54% 0.49% 0.64%
Edelweiss Multi-Cap Fund 2.41% 2.42% 1.16% 0.65%
Edelweiss Long Term Equity Fund (Tax Savings) 2.39% 2.49% 1.09% 0.74%
Edelweiss Large & Mid Cap Fund 2.32% 2.33% 1.14% 0.75%
Edelweiss Emerging Markets Opportunities Equity Off- shore Fund 1.45% 1.44% 0.60% 0.56%
Edelweiss ASEAN Equity Off-shore Fund 1.59% 1.57% 0.64% 0.67%
Edelweiss Greater China Equity Off-shore Fund 1.57% 1.56% 0.62% 0.66%
Edelweiss Europe Dynamic Equity Off-shore Fund 1.53% 1.51% 0.64% 0.67%
Edelweiss Low Duration Fund NA 0.21% 0.18%
Edelweiss Government Securities Fund NA 0.75% 1.08%
Edelweiss Short Term Fund NA 0.21% 0.27%
Edelweiss Banking and PSU Debt Fund NA 0.25% 0.33%
Edelweiss Equity Savings Fund NA 0.40% 0.64%
Edelweiss Arbitrage Fund NA 0.40% 0.42%
Edelweiss US Value Equity Off-shore Fund NA 0.74% 0.79%

Revised expense structure of Eseel Mutual funds

Scheme Direct Plan Regular Plan
Existing Revised Existing Revised
Essel Regular Savings Fund 1.50% 0.95% - -
Essel 3 in 1 Fund 1.50% 1.40% - -
Essel Large Cap Equity Fund 1.75% 0.75% - -
Essel Equity Hybrid Fund 1.75% 0.45% - -
Essel Long Term Advantage Fund 1.75% 0.80% - -
Essel Large and Midcap Fund 1.75% 0.70% - -
Essel Arbitrage Fund – Regular Plan 0.15% 0.20% 0.90% 0.95%
Essel Multi Cap Fund 1.75% 0.45% - -

Good move SEBI. Keep hammering the expense ratios.

Revised expense structure of Aditya Birla asset management funds

Direct Plan
Existing Revised
Aditya Birla Sun Life Equity Advantage Fund 0.95% 0.85%
Aditya Birla Sun Life Pure Value Fund 0.97% 0.82%
Aditya Birla Sun Life Dividend Yield Fund 1.46% 1.36%
Aditya Birla Sun Life Digital India Fund 1.51% 1.41%
Aditya Birla Sun Life Midcap Fund 1.27% 1.07%
Aditya Birla Sun Life Equity Fund 0.98% 0.88%
Aditya Birla Sun Life Frontline Equity Fund 1.06% 0.96%
Aditya Birla Sun Life Infrastructure Fund 1.56% 1.36%
Aditya Birla Sun Life Focused Equity Fund 1.02% 0.92%
Aditya Birla Sun Life Small Cap Fund 1.03% 0.88%
Aditya Birla Sun Life Balanced Advantage Fund 0.99% 0.79%
Aditya Birla Sun Life Manufacturing Equity Fund 1.55% 1.45%
Aditya Birla Sun Life International Equity Fund ‐ Plan A 2.13% 1.88%
Aditya Birla Sun Life International Equity Fund ‐ Plan B 2.08% 1.88%
Aditya Birla Sun Life Dynamic Bond Fund 0.96% 0.86%
Aditya Birla Sun Life Resurgent India Fund ‐ Series 7 1.16% 0.96%