Where to buy direct mutual funds
Direct mutual funds are mutual fund schemes you buy directly from the fund house or through approved digital platforms, without involving a broker or distributor. This means there’s zero commission and a lower expense ratio, so more of your money stays invested and grows over time. In fact, switching from regular to direct plans can boost your returns by 0.5% to 1.5% per year over the long term since the commission cost is eliminated. Where to Buy Direct Mutual Funds in India 1. AMC (Asset Management Company) Websites Go to the official website of the fund house (like SBI MF, ICICI Prudential, Axis MF, HDFC MF, etc.). Register as a new investor, complete your KYC, and select the “Direct” plan. You can invest via SIP or lump sum, track your portfolio, and redeem units directly. 2. Registrar & Transfer Agents (RTAs) CAMS and KFintech are two main RTAs in India. They allow you to invest in multiple AMCs from one platform. You can complete your KYC, invest in new funds, or manage...