It has been over 6 years since the direct plans of the mutual fund schemes were launched in January 2013. It is a good time to compare the performance between the direct and regular plans of the MF schemes. To recap, each MF scheme has a direct and regular plan variant. The portfolio and the fund manager are the same in both the variants. The difference is in the payment of … [Read more...] about 6 years on: Performance Comparison between Direct and Regular Mutual Funds
NAV of direct plans
In one of my earlier posts, I discussed how you can avoid distribution costs by investing in direct plans of mutual fund schemes. I also established the quantum of long-term savings you stood to make by investing in direct plans of MF schemes. To find out more about direct plans, read my article in Business Standard about direct plans of mutual funds here. In this post, I … [Read more...] about Why NAV of Direct Plans is higher than Regular Plans of MF schemes
There is no reason why a Do-it-Yourself (DIY) investor needs to invest in regular plans of mutual fund schemes. There are so many online direct plan platforms around that convenience is no longer an excuse for investing in regular plans. Therefore, it is almost criminal for a DIY investor to invest with say ICICIDirect. Even for those who need assistance in portfolio … [Read more...] about How to switch (convert) from Regular plan to Direct plan of a MF scheme?