The direct plans of mutual fund schemes completed 10 years in January. The direct plans were supposed to enhance returns and help investors to invest directly in mutual funds without the help of an intermediary. Since mutual funds do not pay commissions or marketing expenses on direct plans, they have lower expenses. A lower expense ratio over a long period will help investors earn extra returns. As these schemes completed 10 years, it’s a good time to see whether direct plans indeed offered extra returns to investors.
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