Mutual funds primarily make money through sales charges that work like commissions and by charging investors a percentage of assets under management (AUM). Fees are easily the largest source of revenue for basic mutual fund companies, though some companies may make separate investments of their own. Different kinds of fees include purchase fees, sales charges, or the mutual fund load; deferred sales charges; redemption fees; account fees; and exchange fees.

Answer given by Shubhamm Sir at 26-Jan-2023 09:58 PM