Mutual fund brokers make about 1.5% on equity mutual funds. That amounts to 40% of your total wealth over time as this commission compounds. So if you invest and make Rs 5 crores (Rs 50 million) over 20 years, then the broker\/agent might make about Rs 2 to 2.5 crores. Enough to buy the stuff you mentioned above!<\/p>\n\n\n\n
Quote from Terrance Smith, an acclaimed investor in the UK, that<\/p>\n\n\n\n
If you\u2019d invested $1,000 with Warren Buffett in 1965; it would currently become a nest egg of $4.3 million. However, if Berkshire had been a hedge fund charging 2 & 20 (2% annual fees and 20% share in profit), that $4.3 million would have accrued $300k to the you with a stunning $4m to the manager How do you escape this? Buy Direct Plan Mutual Funds that removes the commission completely.<\/p>\n\n\n\n\n Maxiom Wealth \u2014 Free Tool<\/p>\n Two funds with similar star ratings can deliver very different outcomes. Use our fund comparison tool to check if you’re in the right scheme for your risk profile and investment horizon.<\/p>\n Compare Funds \u2192<\/a>\n Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":" Mutual fund brokers make about 1.5% on equity mutual funds. That amounts to 40% of your total wealth over time as this commission compounds. So if you invest and make Rs 5 crores (Rs 50 million) over 20 years, then the broker\/agent might make about Rs 2 to 2.5 crores. Enough to buy the stuff… Read More »My financial advisor just bought a 3 story mansion with 40 acres of land, and a large swimming pool. How much do financial advisors make per year?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[120,53],"tags":[],"class_list":["post-1464","post","type-post","status-publish","format-standard","hentry","category-advisory-portfolio-management-services","category-portfolio-management-services"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=1464"}],"version-history":[{"count":1,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1464\/revisions"}],"predecessor-version":[{"id":3495,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1464\/revisions\/3495"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=1464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=1464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=1464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\u2013 Terry Smith in 2010<\/em><\/p>\n\n\n\nIs Your Mutual Fund Working Hard Enough?<\/h3>\n