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PDF Editor FAQ

Why are only regular mutual funds allowed in FundsIndia? How much do I need to pay when you say it's regular, compared to a direct MF?

FundsIndia acts as a distributor, hence they provide Regular MF only.Regular MF has higher Expense Fees compared to Direct MFs. For example, “Aditya Birla Sun Life Advantage Fund” Expense fees for Regular one is 2.30%, whereas for Direct one is 1.01%, that is 1.29% difference(Ref- Aditya Birla Sun Life Advantage Fund - Direct Plan).How Does it impact?Say, you have invested 80k on ABSLAF scheme in Regular plan, which valued 1 lac after an year of growth(assuming the rate of return is 25%). Expense fees will be charged and deducted 2.3k. In case of Direct plan, 1k will be deducted. Now if you go with Direct plan, saving those 1.3k will get further growth in future, which can be significant amount if you stay for long term with large capital.In return of that extra expense fees, FundsIndia will provide you personal Financial Advisor.Btw, FundsIndia manages not only MFs but also fixed deposits, shares(by opening demat acc) and new pension schemes.For Direct MFs you can check Login | Orowealth. Orowealth provides almost all major AMCs(Aditya Birla SL, SBI, ICICI, DSPBR, Reliance, L&T etc etc) but misses some AMCs like Mirae Asset unlike FundsIndia. If you plan to use Orowealth, you can use my refer code- BARU00 which will benefit me 250Rs in my wallet :).Happy investing.

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