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How do you calculate the expense ratio in a mutual fund?
To calculate the expense ratio of a mutual fund, you divide the total expenses of the fund by its average net assets. This ratio represents the percentage of a fund's assets that are used to cover operating expenses.
What are some mutual fund companies that offer low expense ratios on mutual fund investments?
There are a few mutual fund companies that offer low expense ratios on mutual fund investments. One of those companies is Scottrade, the company is people friendly and willing to work with an individual to assist them in making sound financial decisions.
Where can one find a mutual fund calculator online?
The website known as smartinsvestor offers a mutual fund calculator online. Alternatively the moneycontrol website and the suzeorman website offers a similar service.
Is there any general Mutual Fund Calculator available online?
Yes, there is a Mutual Fund Calculator available from the Securities and Exchange Commision. It is available at this url: http://www.sec.gov/investor/tools/mfcc/get-started.htm.
How does the expense ratio work in determining the overall cost of investing in a mutual fund or ETF?
The expense ratio is a percentage that represents the annual cost of owning a mutual fund or ETF. It includes fees for managing the fund, administrative costs, and other expenses. A lower expense ratio means lower costs for investors, which can lead to higher returns over time.
How many AMC in India?
As of may 2009 there are 38 asset management companies operating in india: 1 AIG Global Investment Group Mutual Fund 2 Baroda Pioneer Mutual Fund 3 Benchmark Mutual Fund 4 Bharti AXA Mutual Fund 5 Birla Sun Life Mutual Fund 6 Canara Robeco Mutual Fund 7 DBS Chola Mutual Fund 8 Deutsche Mutual Fund 9 DSP BlackRock Mutual Fund 10 Edelweiss Mutual Fund 11 Escorts Mutual Fund 12 Fidelity Mutual Fund 13 Fortis Mutual Fund 14 Franklin Templeton Mutual Fund 15 Goldman Sachs Mutual Fund 16 HDFC Mutual Fund 17 HSBC Mutual Fund 18 ICICI Prudential Mutual Fund 19 IDFC Mutual Fund 20 ING Mutual Fund 21 JM Financial Mutual Fund 22 JPMorgan Mutual Fund 23 Kotak Mahindra Mutual Fund 24 LIC Mutual Fund 25 Mirae Asset Mutual Fund 26 Morgan Stanley Mutual Fund 27 PRINCIPAL Mutual Fund 28 Quantum Mutual Fund 29 Reliance Mutual Fund 30 Religare AEGON Mutual Fund 31 Religare Mutual Fund 32 Sahara Mutual Fund 33 SBI Mutual Fund 34 Shinsei Mutual Fund 35 Sundaram BNP Paribas Mutual Fund 36 Tata Mutual Fund 37 Taurus Mutual Fund 38 UTI Mutual Fund
How To Understand A Mutual Fund’s Expense Ratio?
When investing in mutual funds, you'll undoubtedly hear a lot about a fund's expense ratio. Everybody will tell you that you should look for a fund with a low expense ratio but not all expense ratios are created equal. There are several components that go into the fund's final expense ratio and some of them may affect you differently. The largest component of an expense ratio is the fee that's paid to the fund's managers. They're managing your money for you and they need to be paid for it. Even with an index fund there is periodic portfolio rebalancing and managing the fund's cash position that requires a fee. In addition, the expense ratio may include an additional fee that covers things such as recordkeeping, account maintenance and legal fees incurred by the fund. Although typically a much smaller percentage than the core management fee, this fee should be broken down in the fund's prospectus as well. Finally, you may see mention of a 12b-1 fee. This is a marketing expense a fund can assess for promotion and advertisement and can be charged back to the fund's shareholders. These three pieces together typically comprise a fund's complete expense ratio. It's worth noting the additional fees that typically do not fall under a fund's expense ratio. Account maintenance fees – annual fees typically charged to lower balance accounts – fall outside of the expense ratio. Sales loads – a percentage that a broker typically charges you to buy or sell mutual fund shares – come in addition to the fund's expense ratio. Trading fees such as early redemption fees don't count in the fund's expense ratio either. While a fund's expense ratio will in most cases comprise the biggest portion of expense you'll pay, the bottom line is that you have to understand all potential fees and charges that go into mutual fund ownership. Keep aiming for funds with low overall fees and expenses and you'll end up with more money in your pocket.
Where can I find a mutual fund calculator online?
U.S Securites and Exchange commision's SEC Cost Calculator gives the cost of investing in a mutual fund based on information you provide. The results should be compared for several funds or different classes of a single fund. More detailed inforamtion is available in http://www.sec.gov/investor/tools/mfcc/get-started.htm
How can you calculate returns on investment in mutual fund?
There are number of programs available online that enable investors to track the mutual fund. There are also many websites that provide market research to aid the investors. Reliance mutual fund has very good service like SIP calculator that allow you calculate the returns of the investment.
What does they annual expense ratio mean?
A measure of what it costs an investment company to operate a mutual fund. An expense ratio is determined through an annual calculation, where a fund's operating expenses are divided by the average dollar value of its assets under management.
Is there a Mutual Fund Calculator that really works?
There are several online mutual fund calculators to choose from. One of the most reliable can be found at the U.S. Securities and Exchange Commission's website (http://www.sec.gov/investor/tools/mfcc/get-started.htm).
Is a mutual fund a corporation?
A mutual fund is a corporation
