Features of Aggressive Mutual Funds
1. Funds Allocation: Due to their equity-heavy allocation, these funds have a high-risk profile. It makes them unsuitable for risk-averse investors.
2. Risk: Despite the risk, aggressive funds have the potential for higher returns by allocating more funds to equities while providing stability through the debt component.
3. Profitability: These funds are ideal for medium-term goals, but volatility and market corrections might have an influence on profitability.
4. Expense Ratio: Aggressive funds charge a fee for the fund management services they provide. Comparitively expense ratio of agreesive funds are higher than other mutual funds.