What is direct mutual fund plan?
What is direct mutual fund plan?- We all know about Mutual funds.
But there are mainly two types of plans in mutual funds.
1.DIRECT MUTUAL FUND PLAN.
2.REGULAR MUTUAL FUND PLAN.
But we will mainly discuss direct mutual funds today.
If you want to invest your money in mutual funds you should know about these facts.
Otherwise, you will be at loss. This knowledge can help you to save a lot of money.
So, here we will discuss on-
- What is a Direct Mutual Fund plan?
- Direct plan vs Regular plan.
- How to invest in?
- The Advantage of a Direct Mutual Fund plan.
- The Disadvantage of a Direct Mutual Fund plan.
- My opinion.
Let’s discuss all the points one by one.
What is Direct Mutual Fund Plan?–
Until 2013, we had only a Regular plan as an option to invest in Mutual Funds.
That means if you want to invest in mutual funds, you have to invest through a Regular plan.
Or you can say that everyone had to invest through an agent, bank, or distributor.
It’s just like today, if we have to invest in stocks then we have to invest through a broker.
