The portion of the total cost of owning a fund charged by the fund manager for managing the fund. This includes such things as asset allocation, fund research and the cost of the investment team. The AMC is typically expressed as a percentage.
The portion of the total cost of owning a fund charged by the fund manager for managing the fund. This includes such things as asset allocation, fund research and the cost of the investment team. The AMC is typically expressed as a percentage.