Vanguard Group (VOO), one of the world's largest ETF issuers, announced it is reducing fees on 168 mutual funds and ETF-related share classes, potentially saving investors over $350 million this year.

Mutual fund fees can significantly reduce investment returns, often going unnoticed. In India, investors must be aware of various charges, including management costs, to maximize profits. Understanding and scrutinizing these fees is essential for smarter investing and long-term financial growth.

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The company’s sweeping expense ratio cuts for dozens of funds may pressure other asset managers to lower their costs too.