It’s tempting to use zero-fee services paid for by other less financially literate customers. But none of us is completely immune to being scammed
Themes
Personal Finance | Financial planning
Diversification and minimizing investment costs are the two most important rules of investing. For example, low-cost passive index funds like the Nifty50 index fund are better than higher-fee active mutual funds (MFs). So, on the surface, it seems like zero-fee financial services should be beneficial. In reality, no-fee or absurdly low-fee financial services can be very expensive for investors.
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First published: Monday, August 15, 2022. 00:13 IST
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