Earn more with DIRECT plan of Mutual Funds
From Jan 2013, Direct Plan for Mutual funds are in the market. In the first month, people were sceptical if there is going to be much difference in returns on Standard Plan & Direct Plans of Mutual Funds.
Here is the NAV Comparison of some MF under Standard Plan & DIRECT Plan over last 1 year
So, fromt the table you can see that you can see the Savings made by DIRECT Plan of Funds over last 1 year.
A. What is Direct Plan of Mutual Funds?
From 01-Jan-2013, Investors have the option of investment in the Direct Plan option of mutual funds.
DIRECT Plan
STANDARD Plan
you invest directly with Mutual Fund Company (AMC
you invest through mutual fund agent (individual / bank / online)
The DIRECT PLAN of mutual fund scheme has lower expense ratio as compare to STANDARD Plan as...