Ever since the Securities and Exchange Board of India (SEBI) introduced the game-changing alternative of direct plans in mutual funds there has been a significant rise in the portfolios switching to and investing in this option. Direct plans allow the investor to skip past the middle man and invest with the Fund house directly. A direct consequence of this is an increase in returns as the commissions paid to the distributors/agent are retained by the investor. Institutional and HNI investors pou ..
India will be superpower by 2047, but not high-income economy: Martin Wolf
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