Investing in mutual funds without the aid of a distributor — or the direct mode — has shown pronounced improvement in the past five years. Total investments in mutual funds through this mode rose to 43 per cent in August this year from 38 per cent in August 2015, data gathered from the website of the Association of Mutual Funds in India (Amfi) showed.
On investments in equities through the direct mode, there has been growth of 7 percentage points. Investments in equities through direct ..