What is a Mutual Fund and How Does it Work?
While mutual funds offer convenience, they are not free of cost. Fund houses charge a small fee to manage your investments. This is called the Total Expense Ratio in mutual funds, which includes fund management charges, administrative expenses, and distribution costs. A lower expense ratio often means better net returns for investors, especially in the long run.
For instance, investors who already hold funds with Axis AMC can login to Axis Mutual Fund portal to track their portfolio, make new investments, or redeem existing ones. This digital convenience has made investing more accessible than ever.
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