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âWhat are direct MF plans?
Mutual fund houses had introduced direct plans of schemes seven years ago as per a Sebi directive. While choosing the direct plan of a scheme, the investor must know that he needs to carry out the scheme selection on his own, at his own risk or by employing the services of a Sebi-registered, I.e. a fee-based investment adviser.
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âWhere to invest
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![âInvesting online](https://img.etimg.com/thumb/msid-79565047,width-100,resizemode-4,imgsize-64193/investing-online.jpg)
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âInvesting online
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âInvesting offline/physically
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![âSwitch to direct plan](https://img.etimg.com/thumb/msid-79565045,width-100,resizemode-4,imgsize-41780/switch-to-direct-plan.jpg)
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âSwitch to direct plan
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![âAlso keep in mind](https://img.etimg.com/thumb/msid-79565044,width-100,resizemode-4,imgsize-52631/also-keep-in-mind.jpg)
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âAlso keep in mind
- NAV of a direct plan is higher than that of a regular plan because no commission is involved. For the same reason, the expense ratio of direct plans is lower too.
- While these two are separate plans, the portfolio of the scheme remains the same.
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