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New expense ratio takes away Mutual funds' cost advantage!!! What do you think?

What should be learn/infer from this article, or is it too early to comment on the changes now.

http://economictimes.indiatimes.com/personal-finance/mutual-funds/mf-news/new-expense-ratio-takes-away-mutual-funds-cost-advantage/articleshow/15626213.cms

Rgds,

Jassi

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