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Is GST included in the expense ratio of mutual funds?
Yes, GST is included in the expense ratio of mutual funds. You do not need to pay it separately.
Since fund management is a service provided by the Asset Management Company (AMC), it falls under the scope of GST. The applicable GST is factored into the overall expense ratio, which is deducted from the scheme’s assets before the Net Asset Value (NAV) is calculated and declared.
As a result, the NAV you see already reflects all applicable charges, including GST.
Know more about Expense Ratio in a Mutual Fund
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