MF distributors sweat as direct plan deadline nears
Ashley Coutinho: Mumbai, Nov 27 2012, 00:21 IST
such plans. The plan shall also have a separate NAV.
Winds of change
* Institutional investors can save about 40-50 basis points on commission if they choose to go direct
* Institutional investors invest more than 90% of money in liquid funds and ultra short-term debt funds
* HNIs will migrate to direct plans if difference in NAV between direct and normal plans more than 50 bps
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