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A number of factors determine whether an expense ratio is considered high or low. A good expense ratio, from the investor's viewpoint, is around 0.5% to 0.75% for an actively managed portfolio. An expense ratio greater than 1.5% is considered high.
As per Google and experts
"A good expense ratio for a mutual fund typically ranges from 0.5% to 1.5%, depending on the fund type. Do all mutual funds have expense ratios? Not all mutual funds have the same expense ratios; they can vary based on the fund's management and operating...
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