Nippon India launches Nifty Pharma ETF.
Issue open june 21-28.
Benchmark index: Nifty pharma TRI.
#NFO
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Whenever you invest in Fund of funds, check the expense ratios of both the local fund & the global fund which is investing into.
e.g., Nasdaq FOF ER is 0.1%, but you have to add the ER of ETF which 0.54%, total 0.64%
Good to see AMCs like @EdelweissMF mentioning it.
When you invest in a global fund, and compare expenses across funds:
— Radhika Gupta (@iRadhikaGupta) June 22, 2021
1. Compare \U0001f34e to \U0001f34e: Total cost includes offshore fund cost plus what local AMC charges.
2. Get this data from the AMC website. Many 3rd party websites don\u2019t include underlying fund costs.
1/3
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