News From Press MF direct plans find favour in top-30 cities, catch up with regular schemes

MF direct plans find favour in top-30 cities, catch up with regular schemes

Source: BS Aug 19, 2021

The 35-trillion Mutual Fund (MF) industry is witnessing a shift to direct plans in the top-30 (T-30) cities of the country. The assets under management (AUM) of direct plans for T-30 cities stands at Rs 14.43 trillion slightly lower compared to regular plans which have assets of Rs 14.82 trillion as on July end.

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