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Fidelity: Change In Expense Ratio


Fidelity Mutual Fund has announced a change in the expense ratio with effect from November 16, 2012.

The total recurring expenses (TER) has been raised for Fidelity Global Real Assets from 0.75% to 2.50%.

For Fidelity Cash Fund, TER has been fixed as 2.25% for retail, institutional and super institutional plans instead of being 0.80%,0.40% and 0.250% for the respective plans.

For Fidelity Ultra ST Debt, TER has been fixed as 2.25% for retail, institutional and super institutional plans instead of being 0.90%,0.50% and 0.35% for the respective plans.

For Fidelity Flexi Bond Fund, TER has been fixed as 2.25% for retail and institutional instead of being 1.75% and 1.25% for the respective plans.

For Fidelity Short Term Income, the TER has been raised from 1.10% to 2.25%.