Direct mutual fund investment platforms!

Nowadays there are many investment platforms like Groww, Zerodha, Kuvera etc which offer investing in direct mutual fund plans. They make it very convenient for tech-savvy investors. However direct mutual funds may be well-suited for investors who have a good understanding of mutual funds and are capable of conducting their own research and making investment decisions independently. Direct mutual funds typically have lower expense ratios because they do not involve distributor commissions or fees. For someone who is cost-conscious and wants to minimize expenses, direct plans may be a good option. Investing in direct plans typically adds around 1 percentage point of your returns per year. But someone who is just starting his investing journey and doesn’t know the basics of mutual funds or has limited knowledge then it is better to consult with a financial expert.