If you are investing in Mutual funds look at in which plan you are investing whether its Regular or Direct. People who started 10-15 years ago would be in Regular plan. Even if you investing through the recommendations of IFA look at in which plan you are investing. Direct plan came into existence 6.5 years ago.
One aspect to look at direct plan is the expense ratio it will be atleast 1% less than Regular plan. When your corpus size grows 1% every year saving on expense ratio will be a big money.
Take Mirae asset Emerging blue chip for e.g expense ratio of Direct plan is 0.79% and for Regular plan is 1.99%. So prefer to chose Direct plan than regular plan.
But when will the expense ratio will be a fixed money and not %, no one knows its in regulators hands. From investors perspective it should be a fixed amount and not percentage.
One aspect to look at direct plan is the expense ratio it will be atleast 1% less than Regular plan. When your corpus size grows 1% every year saving on expense ratio will be a big money.
Take Mirae asset Emerging blue chip for e.g expense ratio of Direct plan is 0.79% and for Regular plan is 1.99%. So prefer to chose Direct plan than regular plan.
But when will the expense ratio will be a fixed money and not %, no one knows its in regulators hands. From investors perspective it should be a fixed amount and not percentage.
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