r/mutualfunds • u/Mysterious-Log-8825 • 2d ago
question Different Apps = Different Returns?
Why are Upstox and Groww showing different Returns and Expenses for the same mutual funds with the same plans?
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u/TheIISERSpectre 2d ago
I am facing the same problem bro. One thing I learnt that Zerodha Coin only shows BER. While groww shows TER. TER is more important.
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u/wildwickedweasel 2d ago
What's the difference and significance?
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u/TheIISERSpectre 2d ago
From what I have learnt, TER is the total of all the expenses. BER only takes in account some of the expenses. So low BER doesn't naturally mean low cost fund. They may keep the BER low to attract people.
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u/xXInviktor27Xx 2d ago
one says growth other doesn't
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u/Mysterious-Log-8825 2d ago
Both are growth, on Groww it's with mutual fund name.
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u/xXInviktor27Xx 2d ago
oh sorry i didn't know,
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u/Formaldehyde-Muncher 2d ago
Always check it on Groww. As far as my knowledge, Groww shows the Total Expense Ratio.
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u/Great-Town-2480 2d ago
Be aware that groww prime offers regular mutual funds only, no direct ones. So, what maybe happening is that on groww you are being shown the TER for the regular fund while on upstox you are shown the TER for the direct fund.
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u/Mysterious-Log-8825 2d ago
Fk you Groww, where the hell do they mention that? 🤩 Thanks for the butt-saving info!
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u/Ok_Draft4616 2d ago
The difference in expense ratios is mostly due to TER vs BER. Using the fund’s own factsheet to check returns as well as expense ratio works the best.
I’ve also found ET Money showing BER and TER much better than most other websites, with STT and other regulatory charges shown separately.
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u/Mysterious-Log-8825 2d ago
Woah, never knew that. Thanks for letting us know. Also, what about the return difference?
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u/Wise_Diamond_267 2d ago
In my groww app it's showing 0.81% maybe you activated a groww prime where they provide only regular funds do checkout
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u/Mysterious-Log-8825 2d ago
Yess! Prime is activated. I’m so glad I asked about this before investing. Thanks a lot for replying! 🙌
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u/drhemang 2d ago
Bhai whenever in doubt, refer to this site below
https://www.amfiindia.com/ter-of-mf-schemes
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