BusinessWhy India's Equity Mutual Fund Fees Rank Among World's Most Expensive
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Why India's Equity Mutual Fund Fees Rank Among World's Most Expensive
Fees remain high despite investor-friendly measures in recent years
India mutual funds' assets have tripled since 2014, data show
Majority of MF investors still seek services of distributors: Morningstar
Individual investor accounts have since 2014 more than doubled to 84 million, data from the AMFI show
India still ranks among the most expensive countries in the world in terms of fees charged on equity and hybrid mutual funds, even after implementation of a number of investor-friendly measures in recent years.