I am considering to invest through SIP rs 1000/month at following MF. These are Large cap fund. My timeframe is 20-25 Years. So have to careful to choose for myself.
I am also considering expense ratio. I do not know precisely whether it is considerable or not while choosing one MF out of following funds.
1>Fund Name: Quantum Long Term Equity Fund.
Expense ratio: 1.25%
2>Fund Name: ICICI Prudential Dynamic Plan.
Expense ratio: 2.25%
Second fund is more old. But its expense ratio is high. According to Manish Blog in long term expense ratio is matter on total return. ( https://www.jagoinvestor.com/2010/04/understanding-different-commissions-on-mutual-funds.html ).
Please help me to choose better one.
Thank you
atanu