Is it better to sell and shift from regular plans to direct plans?
- Sameer Deshpandey
If you make your investment decisions on your own, then it makes sense to move your money from regular plans to direct ones, owing to the cost advantage that direct plans have over regular ones. With more and more digital platforms, such as Groww, Kuvera, Paytm Money or ETMONEY, coming up, investing in direct plans has become really easy and convenient. These digital platforms help the hassle-free movement of your money from your bank account to AMCs and vice-versa.
Moving your investments from a regular plan to a direct one has an added advantage now, as there won't be too much capital gains to worry about. However, be conscious of any exit load that shall be levied for the redemption of your current investments. Most equity funds levy an exit load for redemption within one year. So, plan your exit methodically.
