Market Dives: Hidden Charges Eating Your Portfolio Amid Global Cues

• Indian market sharply fell on March 23, tracking weak global cues and US-Iran conflict pushing crude to $110 a barrel.
• Sensex down 2.45% at 72,707.06, Nifty50 down 2.54% at 22,527.40, due to sustained foreign fund outflows.
• Hidden costs like Securities Transaction Tax (STT), stamp duty, and brokerage fees can significantly erode net returns.
• Exit loads on mutual funds and annual expense ratios can reduce effective returns and wealth over time.
• Account maintenance charges (AMC) for demat accounts and PMS fees, along with forex conversion charges for international investments, also impact long-term wealth creation.