It is always advisable to understand mutual funds and SIPs before investing in them. For better knowledge and understanding of the same, digital financial services platform Paytm’s wholly-owned subsidiary Paytm Money is suggesting checks to help one understand if he/she has invested in a Regular or Direct Mutual Fund.
What is a Regular or Direct Mutual Fund?
When one goes through a distributor, broker, or bank, it is usually a regular mutual fund. In this case, mutual fund distributors get paid commissions thus returns can be lesser.
If investors go for the direct mutual fund, they can earn a higher return.
Paytm Money suggests ways to check if one has invested in a Regular or Direct Mutual Fund:
1. You have invested in a Regular Mutual Fund if you have invested in mutual funds through a distributor or a broker or a bank
2. There are many online platforms or apps that let you invest only in Regular Mutual Funds. Thus, investing through an online medium could mean…
