Why should I switch my funds from regular to direct ?
Switching from regular to direct mutual funds can be beneficial because:
Lower Costs: Regular funds include a commission (around 1–1.5%) for intermediaries, which raises the fund's expense ratio and reduces your returns. Direct funds, bought directly from the fund house, have no commission and a lower expense ratio.
Higher Returns: With reduced costs, direct funds can lead to higher returns over the long term.