Mutual Fund Calculator

Project the growth of a mutual fund investment with regular contributions, and see how much the expense ratio quietly costs you. Final value, contributions, growth, and total fees — instantly.

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Mutual Fund Calculator

Growth after expense ratio

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Total Contributions
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Fees Paid (vs 0%)
Net Annual Return
Contributions vs Growth

How Expense Ratios Eat Returns

A mutual fund's expense ratio is the annual percentage it charges to manage your money. It sounds tiny — often 0.1% to 1% — but compounded over decades it can consume a surprising share of your wealth. This calculator projects your fund's growth from an initial investment plus monthly contributions, applies the expense ratio as a drag on the return, and shows how much those fees cost you versus an identical zero-fee fund.

For example, $10,000 plus $500/month for 20 years at an 8% gross return grows to roughly $300,000 at a 0% expense ratio — but a 0.5% expense ratio reduces it by tens of thousands of dollars. That's why low-cost index funds, often charging under 0.1%, have become so popular: minimizing fees is one of the few investment levers entirely within your control.

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Fees Compound Too

An expense ratio is charged every year on your whole balance, so its cost grows alongside your account — quietly compounding against you.

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Low-Cost Index Funds

Index funds often charge under 0.10%. Over decades, choosing a 0.05% fund over a 1% fund can mean six figures of extra wealth.

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Dollar-Cost Averaging

Regular monthly contributions smooth out market ups and downs and harness compounding — the engine behind long-term fund growth.

FAQ

Lower is better. Broad index funds commonly charge 0.03%–0.20%, which is excellent. Actively managed funds often charge 0.5%–1%+, which is hard to justify since most don't beat their benchmark after fees. As a rule, anything above ~0.5% deserves scrutiny.
Enormously over time. A 1% annual fee can reduce a multi-decade balance by 20% or more compared with a near-zero-fee fund, because the fee is charged every year on a growing balance. Use this calculator to see the dollar difference for your own numbers.
No. Mutual fund returns vary year to year and are never guaranteed. This calculator uses a constant assumed return for projection purposes; real returns fluctuate, can be negative in some years, and past performance doesn't predict the future. Treat the result as an estimate, not a promise.

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✔ Reviewed by the True Value Calc editorial team🗓 Last updated June 2026📚 Sources: Peer-reviewed formulas & official U.S. government data