How to Convert Regular Mutual Fund To Direct? It’s Simple!
Converting a regular mutual fund to a direct plan: There are two types of plans: regular and direct. The regular plan is made up of commission fees paid to brokers and other intermediaries. These commission fees are not applicable to the direct plan. As a result, the most important reason to convert a regular fund to a direct fund is to save money on commissions. Whether an investor chooses a regular or a direct plan, he or she will receive the same mutual fund scheme managed by the same fund manager and investing in the same set of stocks and bonds. The difference, however, is in the expense ratios. In this article, we will look at why investors want to convert traditional mutual funds to ETFs.
https://blog.joinfingrad.com/how-to-convert-regular-mutual-fund-to-direct-plan/
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