Charges & fees in Mutual Funds.
Hello, everyone So in this post I'm gonna share about the charges & fees applied in your mutual income. So I always recommend you try to invest your hard-working money in direct scheme mutual funds. Types of mutual funds: a)Regular scheme b)Direct scheme Regular schemes : In regular schemes, you have to pay an extra 1-1.5% of fees as an expense ratio. Suppose your XYZ mutual fund schemes expense ratio is 1% in a direct scheme then you have to pay 2% as expense ratio in regular schemes. Direct schemes : In a direct scheme, you have to invest your money without any of your financial advisor's assistance. That's why you can save 1-1.5% of your expense ratio which is helping you to gain a more in lon...