Interpreted Prediction
NPS offers a significant advantage over mutual funds due to its extremely low expense ratio (0.03% to 0.09% per annum compared to 0.3% to 1.8% for mutual funds).
AI Evaluation Notes
The statement accurately reflects the expense ratios of NPS and mutual funds. NPS expense ratios generally range from 0.03% to 0.09% per annum, while mutual funds range from 0.3% to 1.8%.