Please explain me what is the expense ratio in mutual fund?

[shyam.trivedi]

Please explain me what is the expense ratio in mutual fund?

 

[shyam.trivedi]

Hi sure, Expense ratio represents the amount of money a fund spends on the management. The new exchange trade fund have relatively low expense ratio compared with the traditional mutual fund, which is one features that make them so attractive.Most online trading portals have the market jorgans like this,check out Reliance mutual fund and ICICI.