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Mutual Fund
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Take Patience
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Operating Expense Ratio Formula - What Is It
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High expense ratio is not bad for mutual funds. For more reels on how to invest, head to our #MoneyInsider guide #mutualfunds #savings #investment #finance #money | Business Insider India
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NFOs: Business or Benefit? Ever wondered why AMCs keep launching new mutual funds when they already have dozens? The answer lies in pure mathematics of profit margins. Expense ratio is your annual fee covering fund's operating costs - fund manager salaries, research teams, administrative expenses, etc. These costs are deducted daily from your investment, not annually. To calculate this, AMCs divide their total annual operating expenses by the fund's total assets under management (AUM). This give
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