SEBI Sets Direct Mutual Fund Plans as Default From November 1
SEBI directed mutual fund houses to make direct plans the default for investments through their websites from November 1. Investors choosing regular plans must be informed about their higher expense ratios.
Capital markets regulator SEBI has directed all mutual fund houses to make the ‘direct’ plan the default option for investments made through their websites from November 1.Investors opting for regular plans must be informed about their higher expense ratios to help them understand the additional co…