Will there is difference in Expense Ratio for same fund in Fundsindia vs AMC ?

POSTED BY VijayShankar ON April 12, 2014 9:50 pm COMMENTS (4)

Will there be any difference in expense ratio for the same fund when I buy via fundsindia.com and AMC website directly?

If yes why? If I understand correctly expense ration is for the MF not how we buy it.

I want to invest in handpicked (2 to 4) mutual funds I am ready to do it directly in AMC website. Hence this question.

Thank you

VijayShankar

4 replies on this article “Will there is difference in Expense Ratio for same fund in Fundsindia vs AMC ?”

  1. VijayShankar says:

    Thanks Hemanth.

    I have decided to go with AMC. 🙂

    1. Hemanth Chandra says:

      Go ahead 🙂

  2. Hemanth Chandra says:

    Go through this article by Manish to understand this better and decide.

    https://www.jagoinvestor.com/2013/04/direct-plan-in-mutual-funds.html

  3. Hemanth Chandra says:

    Dear Vijay,

    There are two types of plans in investing in Mutual funds which are introduced from Jan 1, 2014. They are

    1. Direct
    2. Regular

    If you invest directly with AMC, it comes under ‘Direct’ option. the expense ratio is less in this plan, which is beneficial in long term.

    If you invest via a broker (fundsindia is a broker), it comes under ‘Regular’ option, the expense ratio is a bit more than ‘Direct’ plan.

    This difference in expense ratio of two types of options is around 0.5%

    Regards,
    Hemanth.

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