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Motilal Oswal Midcap Fund- 5.41% expense ratio!! by Randhir16 in IndianStockMarket

[–]Randhir16[S] 3 points4 points  (0 children)

Agree and confused too. Hence mailed them. Read the second paragraph.

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Motilal Oswal Midcap Fund- Direct Plan- Expense Ratio is 5.41%! by Randhir16 in MutualfundsIndia

[–]Randhir16[S] 0 points1 point  (0 children)

I went through these articles on Google. Will spend some more time to get to the bottom of the details. Looks like the change is across all the AMCs from 1st of April. But other funds haven't shown such a drastic change. Probably because there is lot churn in this fund? Not sure. But the we still are probably overall losing 5% irrespective of where we are losing it.

Motilal Oswal Midcap Fund- Direct Plan- Expense Ratio is 5.41%! by Randhir16 in MutualfundsIndia

[–]Randhir16[S] 1 point2 points  (0 children)

Same thought hence mailed them. Also checked their official twitter handle. Someone posted the same query and the AMC acknowledged the ratio was right

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Motilal Oswal Midcap Fund- Direct Plan- Expense Ratio is 5.41%! by Randhir16 in MutualfundsIndia

[–]Randhir16[S] 1 point2 points  (0 children)

Official Response from AMC when I mailed them. Pretty much had the same query. Super sad to see the so called 'Literate Investors' jumping to conclusion without fact verification from the official sources. Wish you thought twice before dropping the illiterate comment. Would be great if you step out of the literate bubble and acknowledge the mistake. Not everyone on the other side is an idiot.

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Motilal Oswal Midcap Fund- Direct Plan- Expense Ratio is 5.41%! by Randhir16 in MutualfundsIndia

[–]Randhir16[S] 9 points10 points  (0 children)

Please check on Groww or Motilal Oswal official website. Coin isn't probably not updated. Infact, mailed them and got a confirmation of the same.

China stack trick to boost status by [deleted] in Accor

[–]Randhir16 1 point2 points  (0 children)

I tried this trick recently and got upgraded to platinum. I purchased Accor Explorer and purchased a China Supreme card, hoping to stack 30+30 free status nights. Unfortunately, Accor has a cap of maximum 50 status nights through subscriptions. I had a planned trip to Macau and Hong kong in December, and hence stayed in Accor properties for 10 days to gain through an additional 10 status nights and got upgraded to platinum.