Yes, GST (Goods and Services Tax) is included in the mutual fund expense ratio. The expense ratio covers various charges levied by the Asset Management Company (AMC), including fund management fees, administrative costs, and distributor commissions (for regular plans).
Under SEBI regulations:
- Fund Management Fees attract 18% GST, which is factored into the Total Expense Ratio (TER).
- Other operational expenses also include applicable GST charges.
This means the expense ratio you see is already inclusive of GST, and no additional GST is charged separately on your mutual fund investment.
Yes, GST (Goods and Services Tax) is included in the mutual fund expense ratio. The expense ratio covers various charges levied by the Asset Management Company (AMC), including fund management fees, administrative costs, and distributor commissions (for regular plans).
Under SEBI regulations:
- Fund Management Fees attract 18% GST, which is factored into the Total Expense Ratio (TER).
- Other operational expenses also include applicable GST charges.
This means the expense ratio you see is already inclusive of GST, and no additional GST is charged separately on your mutual fund investment.