Site icon Jagoinvestor

How Direct Mode is more beneficial while buying ELSS mutual funds?

Dear Madam/Sir

I want yo invest in ELSS scheme upto Rs 150000 on behalf of many of my family members in Axis Long Term Equity Fund . Right now in regular fund is NAV 31.284 and in Direct fund NAV is 32.169.

If I am right, for 150000 rs I will get 4795 Units in Regular fund and 4662 units in Direct fund. If so, can you please tell me how Direct mode is more beneficial?

Regards
CA. Vishnu Khandelwal

Exit mobile version