What is Expense ratio?
Yearly fee taken from the fund.
Short answer
High fees with returns no better than the index.
Expense ratio when buying a mutual funds (india)
Yearly fee taken from the fund.
Why it matters: Index funds charge 0.1–0.3%; active funds 0.5–2%.
Look for: High fees with returns no better than the index.
Full Mutual Funds (India) buying guide