Are there any charges levied on each SIP instalment that I pay per month

Please note that no Asset Management Company in India levies any extra charges on SIP instalments, therefore, you should not worry about your SIP instalments and continue with your existing SIP investment.

Under the existing norms, the maximum expense that an AMC can charge for an equity scheme to an investor is 2.5% (2.25% for debt funds). The rate is applicable in following slabs -

On the first 100 Crores daily net assets 2.50%

On the next 300 Crores daily net assets 2.25%

On the next 300 Crores daily net assets 2.00%

On the balance of the net assets 1.75%

The above expenses are adjusted in NAVs. Please also note that there are no seperate or additional charges for either lumpsum or SIP investments. SIP is just a way of inevsting regularly on a pre-defined date and amount and comes with no extra charges. With regards to charges of the HDFC Mid Cap Opportubities Fund, please note that the scheme follows the same expense ratio as that of any other equity scheme. The current TER (Total expense ratio) of HDFC Mid Cap Opporunities Fund is 2.29% for the Regular plan and 1.44% for the Direct Plan. You may check the details here http://goo.gl/Y3ajeX