Mutual fund houses levy fund management charges for managing mutual fund schemes. This reflects in the form of expense ratio of respective mutual funds.
In case of regular mutual funds, the expense ratio includes the commission paid out to regular mutual fund distributors. Whereas in case of direct mutual funds, no commission is involved. Hence the expense ratio of regular funds is much higher compared to direct plans of the same funds. In simple words, direct plans result in higher returns for you.
On Kuvera, we offer only direct plans so commission never enters the picture. Kuvera does not levy any charges on your mutual fund investments. You can read more about direct funds versus regular funds here.
