Direct Plan

What are direct mutual fund plans?
Mutual fund direct plans are those where AMC’s do not charge any intermediate fees, commission or trails from the investor. In other terms, there are no mid...
Thu, 5 Oct, 2017 at 10:17 PM
When I switched from Regular to Direct plans, I got lesser number of units. Why?
Since Direct plans have higher NAV than their Regular counterparts, when you switch from Regular to Direct you get lesser number of units.
Thu, 5 Oct, 2017 at 10:17 PM
Why Direct plans have higher NAV than Regular plans? Does this mean I am getting lower value on Direct plans?
Direct plans do not have to pay commissions and hence they have higher investible surplus. Due to this higher amount available, their NAV is higher than the...
Thu, 5 Oct, 2017 at 10:18 PM
Do I have to pay any charges or tax when I switch from Regular fund to Direct Fund?
Wealthtrust does not charge anything for Switching of Regular plan to Direct plan. However, there you need to keep in mind the Exit Load and Tax impact.  Ex...
Thu, 5 Oct, 2017 at 10:18 PM