Arthnivesh Weekly Newsletter – Vol. 4 || Issue 6

Term of the Week: Expense Ratio

• The expense ratio is the percentage of a fund’s assets used for management and operational costs. A lower expense ratio helps investors retain more returns.

Revised Public Provident Fund (PPF) Rules

• Minors will earn a 4% interest rate until 18 years.
• Only the primary PPF account will earn full interest.
• Streamlined withdrawals and extensions.
• NRIs can hold PPF accounts but may lose interest earnings based on residency status.

Jio-BlackRock Joint Venture

• Jio Financial Services and BlackRock received SEBI’s approval to co-sponsor a mutual fund under “Jio BlackRock Investment Advisers Private Limited.”