New Delhi, June 5 -- If you are a new investor, you must understand the fundamentals of investing. Among several terms that you need to know, one of the key terms is Total Expense Ratio (TER). To run mutual fund schemes, fund houses are meant to incur a range of expenses, which include management fees, administration fee, transaction costs, marketing and other expenses.

When all these expenses are combined and expressed as a percentage of net asset value, it is known asTER. Per the current SEBI Regulations, fund houses are supposed to reveal the TER of all schemes on a regular basis on their portals as well as on AMFI's website. Let us learn about TER in greater detail. These are some of the frequently asked questions (FAQs) with regards...