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Stop Paying
Commission

Earn up to ~1.5% higher returns by switching to direct plan on Groww.

Switch Now

Why switch to Direct Plan?

Regular plan has upto 1.5% extra commission for agents while Direct plan has 0 commission.

Direct vs Regular Plan

Monthly SIP
₹20,000.00
Direct Plan
59,13,712.00
0 commission
Commission Saved
Regular plan
~1% commission
Groww Switch Image
Current investment
IN 25 YEARS

Assuming direct plan generates 12% returns, while same regular plan generates 11%

Watch Video to know more!

Read more on how to Switch on Groww

Frequenty Asked Questions

What does the switch do?

The switch is a gateway to switch your regular mutual fund plan to a direct one.

What is a regular and direct mutual fund?

As the name suggests, a direct plan is purchased directly from the mutual fund company (AMCs) or online platforms without paying any commission and brokerage. On the other hand, a regular plan is what you have to buy through an advisor, broker, or distributor (financial intermediaries).

What is the benefit of switching to a direct mutual fund plan?

Switching to a direct mutual fund increases your return on investment, unlike regular mutual funds that usually have a higher expense ratio thus reducing your ROI.

Do I have to pay a commission after switching to a direct plan?

No. Only regular plans have up to 1.5% extra commission which goes to agents while you don't have to pay a single penny for commission in direct plans.

How to switch to a direct plan on Groww?

If you have invested via Groww, simply go to your dashboard and select the regular fund you want to switch. Then, Click on ‘Switch’ and then click on ‘Select Direct Fund’. Lastly, select the fund and confirm the switch.

Can I select any other direct plans of the same AMC?

Yes, you can either switch to the direct plan of the same mutual fund you have invested in or any other direct mutual fund of the same AMC. You can utilize the search bar on Groww to look for more funds and invest.

Are there any charges on switching?

Groww does not ask for any switching charges, but some charges such as exit load and capital gains tax might be applicable.

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