A no-load mutual fund comes without transaction costs, leaving more money in the fund to work for the investor. Learn more about what a "load" covers and the benefits of no-load funds.

No-load mutual funds are great tools for long-term investors who want to maximize their returns by reducing fees. We’ve selected the six best ones for 2024.

Why, the oh-so-wise broker who steered you into the fund. You don't benefit at all - in fact, usually quite the opposite. Say you're looking at a fund with a 4.5% load.

To understand the math, let’s assume an investor wants to invest $1000 in a mutual fund that has a 5% entry and exit load. Then, $950 ($1000-$50 [5% of $1000]) is left with the mutual fund house ...

It's hard to ask for more from a no-load mutual fund – though you will need to meet the $3,000 minimum initial investment to start investing. 7 Best REIT ETFs to Buy for 2025.

To understand the math, let’s assume an investor wants to invest$1000 in a mutual fund that has a 5% entry and exit load. Then, $950 [$1000-$50 (5% of $1000)] is left with the mutual fund house ...

Note that even no-load mutual funds may still have expense ratios, which represent the amount of invested capital that goes toward running the fund. But these, too, can be minimized with savvy ...

Thanks to the popularity of no-load funds, the average expense ratio for mutual funds has been steadily declining over the past three decades, per a report from the Investment Company Institute.