When it comes to investing in mutual funds, most investors compare returns and often overlook a critical factor, which is the expense ratio. An expense ratio refers to a fee that mutual funds charge for managing your investments.
This fee represents a percentage of the scheme’s Assets Under Management (AUM). A lower expense ratio means more of your money stays invested and compounds over time.
The company deducts this fee from the NAV before declaring the daily price. The expense ratio for each scheme is published monthly as part of the factsheet on the respective AMC’s website.
Mid cap mutual fund: 5 low-cost schemes with good returns
Edelweiss Mid Cap Fund – Direct Plan
Motilal Oswal Midcap Fund – Direct Plan
Kotak Midcap Fund – Direct Plan
Mahindra Manulife Mid Cap Fund – Direct Plan
(Source: Fund Fact Sheet)
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
