February 5, 2015 8:48 pm
How sales charges, management fees and lost opportunity cost can affect the fund returns in Mutual funds ?
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.
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