You're Getting Charged Everyday in Mutual Funds
By deducting the expense ratio daily, the mutual fund ensures that these expenses are accounted for and do not erode the overall returns for investors. The expense ratio is typically calculated on an annual basis but is divided into smaller portions and deducted daily from the fund’s net asset value (NAV).
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Discount Brokers I Use for My Investments:
Zerodha ► https://zerodha.com/open-account?c=ZMPYSA
Upstox ► https://upstox.com/open-account/?f=01A4C7
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RECOMMENDED READING LIST:
Rich Dad Poor Dad (Personal finance book of all time)
https://amzn.to/36UAPY5
The Millionaire Next Door (Great Read to know how money works)
https://amzn.to/3nXnzZV
One Up On Wall Street (Peter Lynch’s Best Advice to Stock Market Beginners)
https://amzn.to/35RgwM1
Think and Grow Rich (the ultimate book on money mindset and wealth)
https://amzn.to/3lTUkpY
The Little Book of Common Sense Investing (Awesome book on index funds)
https://amzn.to/3fxaEed
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DISCLAIMERS & DISCLOSURES
This content is for education and entertainment purposes only. I do not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
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