India Investment, Stocks, Credit Card and Retail Forum
Personal Finance for Indian Investor => Mutual Funds in India => Topic started by: resh on October 28, 2020, 04:29:42 PM
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With a lobby of Mutual Fund Distributors & AMC working like a cabal, SEBI intervened to break the same by being strict on Foreign Trips, Stocks, Gift & Cheques Paid out to Mutual Fund Distributors. Along with SEBI diktat, Mutual Fund Online Platforms emerged offering Direct investment Plans (http://www.dalalstreet.biz/forum/india-mutual-funds/list-of-all-online-mfs-buying-sites-in-india/).
Now What is the Percentage of Mutual Funds Invested Directly Vs Regular (Distributor) Mode ?
All the Following Data is Obtained from AMFI Website (https://www.amfiindia.com/research-information/other-data) --> Check Under Scheme Details
All Data as of 30-Sep-2020
We are considering the Top 2 Funds in Each Category by SIZE OF AUM - Assets Under Management
MultiCap Fund
Kotak Standard Multicap Fund - Growth - 25%Direct and 75% through distributor
HDFC Equity Fund - Growth - 33% Direct and 67% through distributor
SBI Focused Equity Fund - Growth - 19% Direct and 81% through distributor
LargeCap Funds
SBI BLUE CHIP FUND - Growth - 24% Direct and 76% through distributor
HDFC Top 100 Fund - Growth - 20% Direct and 80% through distributor
Mirae Asset Large Cap - Growth - 32% Direct and 68% through distributor
MidCap Fund
HDFC MidCap Opportunities Fund - 18% Direct and 82% through distributor
DSP MidCap Fund - 17% Direct and 83% through distributor
Large & MidCap Fund
Mirae Asset Emerging Bluechip - 28% Direct and 72% through distributor
Canara Robeco Emerging Equities - 19% Direct and 81% through distributor
Investing in Mutual Funds by Direct Plans mean a 1% Higher Rate of Return (http://www.dalalstreet.biz/mutualfunds/2020/10/choose-invest-mutual-funds-right-way/).
So the thing is Direct Plans are Picking up and here to Stay since all the Corporate Debt is now invested in Liquid Funds using Direct Plans.