News From Press Explained: How to get the best out of your direct plans in mutual funds

Explained: How to get the best out of your direct plans in mutual funds

Source: Moneycontrol May 25, 2024

The introduction of direct plans has been one of the bigger regulatory changes in Rs 57-trillion Indian mutual fund industry in the 15-odd years gone by. All asset management companies (AMCs) launched direct mutual fund plans for all their open-ended schemes from January 1, 2013, as directed by markets regulator Securities and Exchange Board of India (Sebi).

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