People seem to instinctively believe that a big shop, or a big retail chain or a big newspaper will provide better goods or services. Presumably, the underlying logic is that a business becomes big only if its customers are happy. This may or may not be true.
However, it’s certainly far from the truth as far as mutual funds are concerned. A lot of investors believe that the size of a mutual fund is important. In this context, size means the amount of money that a fund manages. This beli ..