It can have a drastic affect over long term. An extra one percent of expense charge can eat 22% of your final corpus after 20 years. Expense ratio of 0.5-1.5 % are ok, but no more. However, ELSS funds usually have higher expense ratios; but here you are saving tax and hence can’t do much.
It can have a drastic affect over long term. An extra one percent of expense charge can eat 22% of your final corpus after 20 years. Expense ratio of 0.5-1.5 % are ok, but no more. However, ELSS funds usually have higher expense ratios; but here you are saving tax and hence can’t do much.