Examples of Average Assets in a sentence
Additional TER shall be charged up to 30 bps on daily net assets of the scheme if the new inflows from Retail Investors beyond top 30 cities (as per SEBI Regulations/Circulars/AMFI data) are at least (a) 30% of gross new inflows from Retail Investors in the scheme or (b) 15% of the Average Assets under Management (year to date) of the scheme, whichever is higher.
Cir/ IMD/ DF/ 15 /2014 dated June 20, 2014, Scheme is required to maintain an Average Assets under Management (AUM) of Rs. 20 Crores on half yearly rolling basis.
Illustration: Impact of Expense Ratio on Scheme's return: Expense ratio, normally expressed as a percentage of Average Assets under Management, is calculated by dividing the permissible expenses under the Regulations by the average net assets.
Illustration of impact of expense ratio on schemes returns:Expense ratio, normally expressed as a percentage of Average Assets under Management, is calculated by dividing the permissible expenses under the Regulations by the average net assets.
Illustration of impact of expense ratio on scheme’s returns:Expense ratio, normally expressed as a percentage of Average Assets under Management, is calculated by dividing the permissible expenses under the Regulations by the average net assets.