Explained: Why Sebi wants mutual fund investors to switch to direct plans
Sebi has directed mutual fund houses to make direct plans the default option on their digital platforms from 1st November. A look at the reason behind the regulator’s…
Attributed summary
Sebi has directed mutual fund houses to make direct plans the default option on their digital platforms from 1st November. A look at the reason behind the regulator’s action.WHAT ARE DIRECT AND REGULAR PLANS IN MUTUAL FUNDS?Direct and regular plans are two ways of investing in a mutual fund scheme. In a direct plan, investors…
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