Dear All, seek all of ur advice on investing on direct palns of AMCs of several MFs.
As you know, every AMC has launched Direct plans and they allow investors to invest directly with an AMC without paying the distributor commission. AMCs usually charge 2.5% annually from investors and around 0.40-0.75% of this 2.5% annually is paid to distributors. Now, investors can avoid paying these commissions and it will translate into more returns for investors every year.
Pls clarify if this realy works and how?
Pls refer to below link.
http://www.valueresearchonline.com/story/h2_storyView.asp?str=21867