Dynamic mutual funds roadshow 2016

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3:25 pm IPO: Anil Ambani-led Reliance Group's asset management arm kicked off an overseas roadshow for its estimated Rs 2,000 ... in India though smaller rival UTI Mutual Fund's IPO plans have been in the works for a long time. It will also be the first.

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Even though the new dynamic ... funds’ higher costs relative to ETFs. That additional burden can be significant. Equity mutual funds charged an average of 1.28% in annual administrative expenses — or what’s called an expense ratio — in 2016.

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