- Advertisement -
Home Mutual Funds Best Direct Mutual Funds for Investment in 2021

Best Direct Mutual Funds for Investment in 2021

- Advertisement -

Direct Mutual Funds – Mutual Funds companies offer two types of schemes direct mutual funds and regular mutual funds. Regular funds are funds where purchases take place by keeping agents in between. Agent charges commission on the invested amount. Direct mutual funds are funds where investment is allowed directly without any intervention of agents or middlemen. This means you need not pay any commission to invest in direct mutual funds. It is obvious that direct mutual funds are better and offer higher returns as no third person is involved in between.

In this post, we will get more insights about direct mutual funds including the method to invest in direct mutual funds and Best Direct Mutual Funds for Investment in 2021.

What are Direct Mutual Funds?

Direct Mutual Funds are special types of schemes that are offered to the customer directly without any intermediary. Direct mutual funds can be purchased directly from the AMC.

Direct mutual funds provide higher returns than regular funds. This is because a direct fund is bought from the AMC and selected online sites. The expense ratio of a direct mutual fund is slightly lower compared to regular mutual funds.

Key Features of Direct Mutual Funds

Key features of direct mutual funds are given below.

  • No dependency on third party agents, brokers and professionals for buying mutual funds.
  • Mutual funds can be directly purchased directly from AMC websites.
  • Option to purchase online as well as offline.
  • Expense ratio is lower as commission fee is not involved.
  • Returns of this plan is higher compared to regular mutual funds.
  • Separate NAV is declared for the direct mutual funds.

Difference Between Direct Mutual Funds and Regular Mutual Funds

The difference between Direct Mutual funds and Regular Mutual funds are given below.

Direct Mutual Funds Regular Mutual Funds
Invest without involving distributors or mutual fund brokers Invest with the help of distributors or mutual fund brokers
Expense ratio lower as compared to regular plans Expense ratio higher as compared to direct plans
Get higher returns compared to regular plans Get lower returns compared to direct plans
Investors need to do their own analysis and select top performing mutual fund schemes Brokers offer guidance and perform all the operational tasks on behalf of the investors
No commission paid to brokers Hidden commission paid to brokers
NAV of direct plan is relatively higher NAV of regular plan is relatively lower
Document and KYC needs to be submitted on your own Advisor will collect KYC and other documents

Best Direct Mutual Funds for Investment in 2021

The list of best direct mutual funds for investment in 2021 is given below.

Note – The returns are as on Jan 2021.

How to Invest in Direct Mutual Funds?

There are two ways to invest in direct mutual funds – Online & Offline.

Online

Fund house website

You can buy direct mutual funds via fund house website. Follow the steps given below.

Step-1 – Register to fund house website. You need to do this for every website individually.

Step -2 – Select old portfolio or register for new portfolio.

Step-3 – Select the scheme, amount and SIP details.

Step -4 – Transfer funds online via Netbanking, UPI or provide payment details.

Step-5 – Once fund transfer is done fund will be purchased and transaction details will be emailed to you.

In this process you need to visit multiple fund house websites. The process given here is time consuming and somewhat tedious. Keeping track is also difficult.

myCAMS

myCAMS is platform that allows an investor to invest in multiple mutual funds. Steps to purchase direct fund online via myCAMS is given below.

Step -1 – Visit www.camsonline.com and click on myCAMS link.

Step-2 – Register for new user id or login in account using existing id.

Step -3 – Select the scheme, amount and SIP details

Step -4 – Select payment method and purchase mutual funds online.

Offline

The steps to invest in direct mutual funds with offline method is given below.

Step 1 – Select the mutual funds in which you want to invest.

Step 2 – Visit the nearest branch of the fund house and submit the offline application.

Step 3 – Select the payment method and pay the amount for buying mutual funds online.

Over to you

If you are a beginner or if you are unable to select a scheme for an investment you should not opt for direct mutual funds.

Do you invest in direct mutual funds?

Do share your views in the comment section.

- Advertisement -
- Advertisement -

Stay Connected

16,985FansLike
2,458FollowersFollow
61,453SubscribersSubscribe

Must Read

Is Amazon Actually Giving You the Best Price?

Before You Renew Amazon Prime, Read ThisIf you shop on Amazon under the impression that it has the best prices, then you may not...
- Advertisement -

Biden Counties Continue to Have Higher Vaccination Rates Compared to Trump Counties, As the Omicron Variant Surges Across the U.S.

An updated KFF analysis finds that counties that voted for Biden continue to have higher COVID-19 vaccination rates compared to counties that voted for...

Limited Time Offer: Get 50% Off Membership Plans

https://www.renttherunway.com/content/cnnxrtr?utm_campaign=rtr_ad%7Ccnnhp&utm_medium=cpc&utm_source=cnn&utm_content=hpbuzz117118

Related News

Is Amazon Actually Giving You the Best Price?

Before You Renew Amazon Prime, Read ThisIf you shop on Amazon under the impression that it has the best prices, then you may not...

Biden Counties Continue to Have Higher Vaccination Rates Compared to Trump Counties, As the Omicron Variant Surges Across the U.S.

An updated KFF analysis finds that counties that voted for Biden continue to have higher COVID-19 vaccination rates compared to counties that voted for...

Limited Time Offer: Get 50% Off Membership Plans

https://www.renttherunway.com/content/cnnxrtr?utm_campaign=rtr_ad%7Ccnnhp&utm_medium=cpc&utm_source=cnn&utm_content=hpbuzz117118

Medicaid: What to Watch in 2022

As 2022 kicks off, a number of issues are at play that could affect coverage and financing under Medicaid, the primary program providing comprehensive...
- Advertisement -

250 COMMENTS

  1. Hey! I could have sworn I’ve been to this site before but after reading through some
    of the post I realized it’s new to me. Nonetheless, I’m definitely happy I
    found it and I’ll be book-marking and checking back often!

  2. It’s fantastic that you are getting thoughts from this piece of writing as well as from
    our dialogue made at this place.

  3. I just could not go away your site prior to suggesting that I extremely enjoyed the standard information a person supply on your visitors? Is going to be back steadily to check out new posts.

  4. I just couldn’t depart your web site before suggesting that I extremely loved the usual information an individual supply on your guests? Is going to be back ceaselessly to check up on new posts.

  5. 28613 264035Hey there! Fantastic stuff, please do tell us when you post once again something comparable! 117567

  6. 325793 506682Hello! I just now would choose to supply a enormous thumbs up with the fantastic data you could have here within this post. I is going to be coming back to your weblog site for additional soon. 400129

  7. I journal often and I truly cherish your web content. This terrific short article has absolutely actually peaked my curiosity. I am likely going to book mark your web page and also keep looking for new details pertaining to when a week. I opted in for your RSS feed also.

  8. Very nice post and right to the point. I am not sure if this is truly the best place to ask but do you folks have any thoughts on where to employ some professional writers? Thank you 🙂

  9. I journal often times as well as I greatly enjoy your web content. This excellent information has genuinely actually peaked my curiosity. I am mosting likely to book mark your website and also keep looking for new facts regarding as soon as a week. I opted in for your RSS feed in addition.

  10. I believe you’re on the right track with your blog site. You’ve got a plenty of entertaining information that new visitors will certainly enjoy.

  11. I loved as much as you’ll receive carried out right here. The sketch is tasteful, your authored subject matter stylish. nonetheless, you command get bought an shakiness over that you wish be delivering the following. unwell unquestionably come further formerly again since exactly the same nearly very often inside case you shield this increase.

  12. Its actually a nice and helpful piece of information. Im glad that you shared this helpful information with us. Please keep us up to date like this. Thanks for sharing.

  13. hello there and thank you for your info Ive certainly picked up something new from right here. I did however expertise a few technical points using this website, as I experienced to reload the web site a lot of times previous to I could get it to load correctly. I had been wondering if your hosting is OK? Not that I am complaining, but slow loading instances times will sometimes affect your placement in google and could damage your high quality score if advertising and marketing with Adwords. Anyway I am adding this RSS to my e-mail and can look out for much more of your respective interesting content. Make sure you update this again soon..

  14. Outstanding post but I was wanting to know if you could write a litte more on this subject? I’d be very thankful if you could elaborate a little bit more. Appreciate it!

  15. Your site is astonishingly meaningful to your visitors. Many thanks with regard to formulating, cheers with regard to the numerous ideas.

  16. Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You clearly know what youre talking about, why waste your intelligence on just posting videos to your site when you could be giving us something informative to read?

  17. Howdy! Do you know if they make any plugins to assist with SEO? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good gains. If you know of any please share. Appreciate it!

  18. I’m not sure why but this weblog is loading incredibly slow for me. Is anyone else having this issue or is it a problem on my end? I’ll check back later and see if the problem still exists.

  19. Im not sure where you are getting your information, but great topic. I needs to spend some time learning more or understanding more. Thanks for magnificent information I was looking for this information for my mission.

  20. Definitely believe that which you stated. Your favorite justification appeared to be on the internet the simplest thing to be aware of. I say to you, I definitely get irked while people think about worries that they just don’t know about. You managed to hit the nail upon the top as well as defined out the whole thing without having side-effects , people could take a signal. Will likely be back to get more. Thanks

  21. I’m extremely impressed with your writing skills and also with the layout on your blog. Is this a paid theme or did you modify it yourself? Either way keep up the excellent quality writing, its rare to see a great blog like this one today..

  22. Hi there, just became aware of your blog through Google, and found that it’s really informative. Im gonna watch out for brussels. I will appreciate if you continue this in future. Numerous people will be benefited from your writing. Cheers!

  23. I dont even know how I ended up here, but I thought this post was great. I do not know who you are but definitely you’re going to a famous blogger if you are not already 😉 Cheers!

  24. Good day! I know this is somewhat off topic but I was wondering if you knew where I could locate a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having difficulty finding one? Thanks a lot!

  25. Pretty nice post. I just stumbled upon your weblog and wished to say that I’ve truly enjoyed browsing your blog posts. After all I will be subscribing to your rss feed and I hope you write again very soon!

LEAVE A REPLY

Please enter your comment!
Please enter your name here