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Match each type of fee that mutual funds charge investors with its correct description.

The mutual fund charge investors can charge you certain fee which is equivalent to the investment assets percentage. Also, an unofficial benchmark has been fixed to 1 %, though the advisers can take from you a little less or a little more. Hence, if you are investing $200,000. you need to invest $2000 each year as fee. However, the commission varies with product types as well

Explanation:

The mutual fund charge investors can charge you certain fee which is equivalent to the investment assets percentage. Also, an unofficial benchmark has been fixed to 1 %, though the advisers can take from you a little less or a little more. Hence, if you are investing $200,000. you need to invest $2000 each year as fee.

However, the commission varies with product types as well. The ELSS fund requires 4.5% to 1%, the equity funds requires 0.5 to 2.5% and debt funds require 0.2% to 0.8%.