Open Direct Mutual Fund Account with PlanYourWorld

by Prateek Agarwal Financial Consultant Earlier all the investments into mutual funds were available through a intermediary either it is Online or Offline but now as mutual fund investments are becoming popular day by day, for the benefit of mutual fund investors, mutual fund regulator SEBI (Securities & Exchange Board of INDIA) has taken a further initiative in the form of “Direct Plans of Mutual Funds”.

Now there are two types of plans of mutual funds are available one is Regular Plan (through intermediary) & second one is Direct Plan (without intermediary).

What about Direct Mutual Fund:

As Direct mutual funds are available without any intermediary the savings on agent commission become possible for an investor. As there is no involvement of an intermediary in direct plans, then the amount is invested to the fund AMC (Asset management Company) directly. Therefore, investor can earn higher returns up to 1 to 1.5% on their existing mutual fund investment by investing them into Direct Plans.

How mutual fund investments can be made into Direct Plans

You can invest in Direct plans in the following manner:-

• By Online investment through the AMC’s Website
• Making Offline investment by submitting MF application form
• Through MF Utility

Benefits of investing in Direct Mutual fund

Investors can invest in direct plans of mutual funds as these plans are better off than the regular plans of mutual funds because they have lower expense ratios therefore higher returns. There are various ways of investing in Direct Mutual Fund schemes, the most popular among these days are the online platforms that help you keep a record of the transactions and carry out all mutual fund related transactions at one place. Direct Mutual fund has made investing easier and is a cheaper source of investment in mutual funds for a longer term.

PLANYOURWORLD Online Direct Mutual Fund Account

1. It gives you the facility to invest into Direct mutual funds of different AMC’s as per your goals & risk appetite.
2. It allows you to manage all your schemes into Direct Plans on a single Portal.
3. Fund suggestion available with the account access as per your needs & goals.
4. Facility of review for your schemes on an annual basis.
5. There are no other charges on your transactions or on the size of the portfolio you have after Account opening & annual maintenance charges of Rs. 590(Rs.500 + GST) for your account access.
6. Calculators are available to compare the maturity value under regular and direct plans of mutual funds.

Direct Plans helps you save money on commissions, the amount saved will help in building a higher maturity value and that is the biggest reason for an investor to invest in Direct Mutual Fund.

Planyourworld is providing you an online platform to invest into Direct Mutual funds. Planyourworld objective behind the same is value addition in the investor’s life by showing them the right path to invest their money & to generate more returns on the same invested amount.

Read More:- What is Emergency Fund?

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Created on Feb 1st 2018 01:51. Viewed 425 times.

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