Summary: The Securities and Exchange Board of India had earlier this year allowed mutual funds to increase the expense ratio by 0.
What does ER stand for?
ER stands for Expense Ratio
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of ER
We have 64 other meanings of ER in our Acronym Attic
- Event Rate
- Event Registration
- Evidence Rule
- Evolutionary Robotics
- Exceptional Release (mission capable aircraft)
- Excerpts of Record (legal documents)
- Exchange Ratio
- Executive Registrar
- Expanded Response
- Expenditure Request (various organizations)
Samples in periodicals archive:
While the rise in the average expense ratio of stock funds stemmed from a drop in the assets of stock funds, the rise in the average expense ratio of bond funds, by contrast, was attributable primarily to actions taken by some tax-exempt bond funds to avoid having to sell securities at unfavorable prices during the financial crisis.
The average expense ratio of Vanguard's funds is 0.
Admittedly, the expense ratio is a crude measure of efficiency.