In the search for lower costs, are investors harming their financial security by going for direct plans and depriving themselves of the services of an advisor who can handhold them in tough times? Data from the mutual fund industry shows that investors who sign up for SIPs using direct plans are more likely to quit the investment early. These investors seem more likely to react to short-term events and pull out funds in the absence of an advisor who can help them understand the implications.
Can the defence sector continue firing after 100% gains?
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