Where do I see the expense ratio?

On the AMC factsheet, on AMFI's website and on every aggregator (Kuvera, Groww, ET Money). Always check the direct-plan TER, not the regular-plan TER.

Educational guide

Expense Ratio in Mutual Funds — What You Really Pay

The expense ratio is the most reliable predictor of future fund returns — lower TER funds beat higher TER funds more often than the reverse.

// how it's deducted

TER is accrued daily into the NAV calculation — you don't see a separate debit. A 1.5% TER on a ₹1 lakh holding silently subtracts ₹4.10 per day from your NAV.

// sebi ceilings

Equity funds: 2.25% (up to ₹500 cr AUM), tapering to 1.05% for AUM above ₹50,000 cr. Debt: 2.00% to 0.80% on a similar slab. Index funds: capped at 1.00% — most charge 0.10–0.30%.

// compounding impact

₹10,000 monthly SIP over 25 years at 12% gross: 0.5% TER → ₹2.1 cr; 1.5% TER → ₹1.7 cr; 2.0% TER → ₹1.55 cr. A 1.5% gap compounds into ~25% lost wealth.

// frequently asked questions

No — empirical data across India and globally shows lower TER funds outperform higher TER funds in the same category on a 5-year+ basis, even after adjusting for fund manager quality.