Are You Aware of Mutual Funds Direct Plan Option?

SEBI has mandated Mutual Fund Houses to come out with two varying options for all their schemes, namely Standard and Direct. The standard version of all mutual fund schemes will incur a charge which will be treated as an agent fee or commission and the direct plan is free from any charges. It thus eliminates the agent commission and will add to your profit and will make a good difference in the profit numbers in the long term. Direct plan mutual funds are grabbing the attention recently. So, what is Direct Plan and how does it make the difference in investing? Let’s understand how it can benefit investors.

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