What can drain your gains
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Mutual fund returns matter, certainly, but do track their expense ratios too
Mutual fund investors usually focus on ‘returns’ and seldom look at costs — popularly known as ‘expense ratio.’But expense ratio is as important as returns in a mutual fund, given that higher expenses can eat into funds’ returns over the long run.Here’s a look at what constitutes expense ratio and ways to understand the norms laid down by SEBI that cap such expenses based on the type of fund.Mutua...
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