Buried deep in your investment funds are costs known as expense ratios. If you understand what they are and how to minimize them, you can improve your investment performance dramatically.

A leverage ratio can help determine the financial health of an entity. High leverage ratios can indicate a company is using excessive debt to finance its operations.

Even within the same category, the expense ratios differ because of the difference in AUMs. For example, the expense ratio of two mid cap schemes is different as seen below.