Oscar Wilde said,
“A cynic is someone who knows the cost of everything but the value of nothing.”
But does it apply to the mutual fund industry as well?
Let’s find out…
If you are currently investing in mutual funds or ever plan to do so in future, then this article is definitely for you. It won’t take much time and even if you think you know everything about it, just read to find out what you might be missing out on and if it happens that you did know it all then I am sorry for wasting your 5 minutes…
Let’s not beat around the bush anymore and come to the point: –
People are generally told this thing, “Higher the risk, higher the return.” It’s a significant saying in life, and I too agree with it, but wait a minute; What if I tell you that the statement loses its meaning when it enters through the doors of the mutual fund industry?
Confused? Well, it’s just a matter of cost. Now you may ask, “How so?”.