Lots of things went unannounced here: 1) Change in NAV between Direct and Regular - impacts your Units accumulated with every SIP and Lumpsum invested, hence reducing the impact to a large extent. 2) Not all investors have the time, effort, direction & knowledge of markets and portfolio management to aptly work on the corpus. An IFA/ Wealth Manager helps bridge the gap here. And when a well managed portfolio delivers 4-5% more than a self managed one, the 1% burn makes no dent. Just my 2 bits.
Keep more videos like this on MF related investments for retail investors. There are more common people who need the right advice and only a few people like you are out there. Thanks.
According to you you don't need a doctor to get sick, you don't need an engineer to build a building, you don't need a teacher to teach children, so how will you react if I tell you that what you say on RU-vid is false?
Mutual fund investment helped well to NIFTY to reach 25k Sebi has to ban option selling As option buyers are poors, 95% of mkt will not go 5 % in week up / down This help the sellers to make richest
The idea here is that for a person who is not an expert in financial markets, he needs someone to select the best performing funds for you - that’s the fee the banks / brokers take !!! It’s better than investing yourself in some lousy, loss making funds directly.. 😊
Hello sir, need help. For Example : I have invested 10 lacs in regular MF, I stopped it 6 months back. I'm planning to leave it as is for the next 10 years. Whatever commission they are supposed to take, they have already eaten-off. Will i lose anything now?. Or should I book profit and reinvest direct MF ?
As he said in the video, do not hesitate to close the existing MF and transfer it to a direct plan. Even if you stopped the SIP, the future returns of your investment will be affected. Listen to the video again and you can understand easily.
I did SIP through the help of HDFC bank staff. I do check my portfolio by through HDFC netbanking. How do I know whether my plans are regular or direct?
If any one is calling to invest, then remember that it is a REGULAR mutual fund. Pause your SIp and ask (command) the agent to convert it into a direct-growth plan. You might end up in loosing few amounts in terms of EXIT LOAD and 20% short term capital gain tax, but do not mind that go ahead and convert it into a direct plan. Or the best way is to sell your units and then start investing through discount broker platforms like Zerodha Coin, paytmmoney, Grow, upstocks, etc...
The commissions really don't come to 1% or 1.25%, unless your advisor is pushing you into aggressive funds. On average it ranges b/w 0.65% - 0.8%. When difficulty comes, you'll find all the direct plan investors searching the internet as to what to do, seeking advice. At that time, don't expect someone on the internet to advice you what to do. They have no incentive to help you.
