One of the parameters investors look at while choosing a mutual fund scheme or comparing it with its peers is the expense ratio charged by the fund house.
What is expense ratio?
This is a ratio that measures the per unit cost of managing a fund. The figure is arrived at by dividing the fund’s total expenses by its assets under management. There are various costs the AMC incurs which forms part of the expense ratio. For example, the AMC has a fund management team wh ..
