Direct Mutual Fund Calculator
Direct Mutual fund Calculator (DMF Calculator) gives you the opportunity to calculate the appropriate amount that you can achieve by investing in mutual funds directly.
Mutual fund Regulator SEBI (Securities & Exchange Board of India) is trying to motivate the Investors for Self investments in Mutual Fund market. So, SEBI introduced Direct Mutual fund Plan for MF investors. As there will be no intermediary in between the investor & the AMC, the intermediary commission will goes to the investor’s Account Directly.
DMF Calculator assists you to compare the maturity value between regular plan & direct plan of a fund.
While investing as a Smart Investor, one should know all the pros & cons of the way of the investment. Direct Mutual fund calculator enables you today to see the Difference of the maturity value of the regular plan & direct plan that you will get in future.
By using DMF Calculator, You can calculate the additional maturity value that you can achieve by going into Mutual funds directly without sharing it with your intermediary.
DMF Calculator helps you to choose the right path for investing into mutual fund market & adding more values to your financial goals.
Role of SEBI and AMFI for promoting Direct Mutual Fund
The securities and exchange board of India (SEBI) has issued a circular on 1 January 2013, which has mandated the mutual funds to launch the direct plans of mutual funds under all schemes of mutual funds. Such plans are beneficial from the investor’s point of view as they have no distribution expenses, no commission or any other hidden costs involved. Investment in direct plans of mutual funds can be made through lump sum investment or through systematic investment plan (SIP).
Investors can also purchase online through Association of Mutual Fund in India Sponsored Mutual Fund Utilities (MFU). MFU provide online investment facility to MF Investor for that the investor has to register themselves at the Mutual Fund Utility Portal.
AMFI has launched an awareness campaign called “SAHI HAI” to generate awareness among the investors for mutual funds. This campaign will switch people to switch from old traditional methods of investment to mutual funds. Investors are less aware about direct plans and SEBI has advised Asset Management Companies to promote Direct Plans so that people invest in such funds and are able to save their amount that they are losing under regular plans.
Read More:- Plans of Mutual Fund
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