Why doesn't your MF expert recommend DIRECT plans instead of Regular plans? Regular plans generally entail a commission of approximately 1% per year every year. Since he is asking the people to switch, redeem etc. he can say that go for direct plan, unless he is biased towards the agents by recommending regular plans since he is associated with a MF platform. Please ask him not to do so.
Why are you recommending only REGULAR plans for all the queries even for cases where the client has DIRECT investments? Please STOP this. You are supposed to give fair and unbiased advice to clients and not biased. At least stop mentioning REGULAR option. I hope you will do this.
Ans: RankMF is research and mutual funds distribution platform of Samco Securities Limited. RankMF rates and ranks the schemes available on RankMF and therefore all our recommendations are in regular plan.
The mode -- physical or digital and the scheme option -- Regular or Direct is completely an investor's choice.
Investors opting for direct plans are well versed with investing in mutual funds and do it themselves (DIY investors) and therefore can look at the direct option of the recommended schemes.
Investors should take informed decision and if required take help of qualified professionals before investing in mutual funds.