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 long term investment.

Fees: 

There are also two types of fees applicable to your returns. These fees are cut as tax from your returns.

  • LTCG (Long Term Capital Gain)
  • STCG (Short Term Capital Gain)
LTCG: Investments in mutual fund schemes held for more than a year qualify for LTCG tax of 10% on the gain of over ₹100000 (1Lakh) in a financial year.

STCG: Capital gain from Mutual Funds refers to the difference between the purchase price of a Mutual Fund unit and the value at which it is sold. An individual can choose to invest in different types of Mutual Funds, like, equity funds, debt funds, and hybrid funds. 
 

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

N.B- If you have any doubt query related to mutual fund then feel free to contact us. 

Our website: WealthY MonK
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