SIP Calculator
"SIP Calculator: Sipping your way to financial goals, one smart investment at a time!"
These calculators are hypothetical examples used for illustration purposes and do not reflect the performance of any specific investment or product.
Rates of return may vary, especially for long-term investments. Remember that investments with the potential for higher returns also have a higher risk of loss.
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Disclaimer:
The data provided above is intended for illustrative purposes only and is based solely on the information provided by the user in response to specific questions posed by GOLDSTAR FINANCIAL SERVICES PRIVATE LIMITED (GOLDSTAR). The estimates are approximate and may not reflect changes that could arise from various factors not considered in the computation. GOLDSTAR assumes no responsibility or liability to update any data.
This calculation tool is offered for user convenience and informational purposes. GOLDSTAR does not guarantee the accuracy or completeness of the data generated by the calculator, and users should not rely on it for any purpose. Use of the data is at the user's own risk.
Users are strongly advised to seek professional advice, including but not limited to tax, legal, accounting, and financial counsel, before making any decisions based on the data provided. GOLDSTAR and its affiliated companies disclaim any liability for direct, indirect, incidental, special, or consequential loss or damages arising from the use of this calculation tool and/or the data generated herein, whether incurred by the user or any third party.
TOTAL EXPENSE RATIO
Under SEBI (Mutual Funds) Regulations, 1996, Mutual Funds are permitted to charge certain operating expenses for managing a mutual fund scheme – such as sales & marketing/advertising expenses, administrative expenses, transaction costs, investment management fees, registrar fees, custodian fees, audit fees – as a percentage of the fund’s daily net assets.
All such costs for running and managing a mutual fund scheme are collectively referred to as ‘Total Expense Ratio’ (TER)
As a mutual fund distributor, we are paid a commission out of the TER that is charged by the Mutual Fund. Hence the maximum amount of our commission is capped to the extent of the TER.
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https://www.amfiindia.com/investor-corner/knowledge-center/Expense-Ratio.html