What is the Total Expense Ratio (TER) in mutual funds? Option: A one-time charge for purchasing mutual fund units., A commission paid to financial advisors for recommending the fund., A fee charged to cover the fund house's operational costs., A performance-based fee paid to the fund manager.

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What is the Total Expense Ratio (TER) in mutual funds?

A one-time charge for purchasing mutual fund units.

A commission paid to financial advisors for recommending the fund.

A fee charged to cover the fund house's operational costs.

A performance-based fee paid to the fund manager.

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What is the fee charged by mutual funds for their services called?

"Management Expense Ratio (MER)"

"Total Expense Ratio (TER)"

"Annual Fund Fee (AFF)"

"Investment Service Charge (ISC)"

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What is the Expense Ratio in mutual fund investing?

Fees deducted from investments for management and operations

Entry fee paid upon initial investment

Annual tax levied on investment returns

Performance bonus charged by the fund manager

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What is the term for the annual fee charged by mutual funds to cover their operating costs?

Exit Load

Expense Ratio

Management Fee

Entry Load

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What does the Expense Ratio represent in the context of mutual funds?

"The lock-in period during which funds cannot be withdrawn"

"The percentage of return generated by the fund"

"The fee charged by the fund house for managing the investment"

"The risk associated with investing in the fund"

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What does the "Expense Ratio" represent in the context of mutual funds?

"The percentage of fund assets used for administrative, advertising, and management expenses."

"The annual dividend payout to investors."

"The rate of return on investment."

"The initial investment amount required to enter a fund."