What are the charges for direct and regular plans of mutual funds

Mutual funds declares NAVs daily post adjusting the total expenses from the daily net assets. The total expense ratio in case of regular and direct plans are different.

The direct plans have lower expense ratio (by 0.70% to 1.00%) as compared to regular plans of the scheme since no commission is paid to the distributor under the direct plan.

Typically an equity mutual fund expense ratio is as follows -

On the First 100 Crores of the daily net assets - 2.50%

On the next 300 Crores of the daily net assets - 2.25%

On the next 300 Crores of the daily net assets - 2.00%

On the balance of the daily net assets - 1.75%

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