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MF direct plans find favour in top-30 cities, catch up with regular schemes

Lower costs and ease of doing transactions are one of the few reasons investors have been moving towards such plans

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Mutual Funds | Markets | MF schemes

Chirag Madia  |  Mumbai 



Index fund investing may not get cheaper as MFs likely to avoid price war

The 35-trillion Mutual Fund (MF) industry is witnessing a shift to direct plans in the top-30 (T-30) cities of the country. The assets under management (AUM) of direct plans for T-30 cities stands at Rs 14.43 trillion slightly lower compared to regular plans which have assets of Rs 14.82 trillion as on July end.

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First Published: Wed, August 18 2021. 18:40 IST

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