On a high

We are going through some tough times as consumers. With inflation on the boil, the prices of just about everything are on the rise. So, while you feel the pinch of rising expenses, some segments of mutual fund products are adding to your woes. And the irony is that these are the funds whose low cost is supposed to be the very premise their investment case is built upon. We are talking about index funds! Over the past year, the direct plans of several equity index funds have witnessed a steep rise in their expense ratios. In some cases, the expenses have doubled or even more! And these are not index fund