From 1st of January, 2013 SEBI introduced the option of investing in the "Direct Plan" of the existing schemes of mutual funds.( When you send your application to the fund house directly without a "broker code" or transact online without a broker code - it is called a direct investment)
Wanted to check how the "direct" schemes have fared over the "regular" schemes. Roughly for the two year period, the following difference is seen in NAV between direct and regular schemes of randomly chosen equity MF schemes.
Please note that although the percentage difference might look small,the benefit will be seen more" clearly" depending on the absolute sum of corpus invested in the schemes.Example, investor having more than 1 crore in a scheme would have saved more than 1.5 lakhs in two years.( savings till date- not looking into future savings)
If you know to choose the right schemes ( it is not as complicated as knowing the right "stocks"), you should try and opt for direct investing in mutual fund schemes.
| Fund- Growth Scheme | Regular | Direct | Diff* % |
| HDFC Top 200 | 352.025 | 356.157 | 1.17% |
| ICICI Pru Dynamic | 188.7277 | 191.4078 | 1.42% |
| UTI Opportunities | 49.2846 | 50.0483 | 1.55% |
| Franklin India Bluechip | 347.7465 | 353.3355 | 1.61% |
| Reliance Growth | 786.723 | 797.0294 | 1.31% |
| Sundaram Select Midcap Fund | 323.8099 | 327.5543 | 1.16% |
| Birla Sun Life Frontline Equity | 161.57 | 164.3 | 1.69% |
| * Difference in returns for the period 1 Jan 2013 to 16 Jan 2015 | |||
| Direct schemes were introduced on 1 Jan 2013 | |||
Wishing you a successful "direct" investing.
2 comments:
It is good to invest for 5 years or more to get benefited from the mutual funds investment.
Very well explained about the benefits of mutual funds, was very confused on how to invest in mutual funds!
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