Expense ratio of the scheme (0.52%) is higher than average expense ratio of the category (0.22%), excluding index funds and ETFs
This measures the relative expense of the scheme with respect to average expense ratio of the category. Investors should always prefer schemes with lower expense, everything else remaining the same
What is Expense ratio?
Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis
The scheme seek to generate income and capital appreciation by primarily investing in a portfolio of high quality debt and money market securities that are issued by entity/undertakings in Financial Services sector.
