@earthmover And that’s absolutely fine . They perform a service.
The proposition is simple
Is one willing to accept 8-9 x higher expenses in return for it ?
Remember - the investors gain are in the wind , he may or may not gain
The distributors commission is certain , he gets it irrespective of the investor gaining or losing .
.18 % in direct
1.77 % in regular
What we are seeing is the age of a new dawn in investing where one set of investors and the Amc will support the distributor and subsidise the direct investor.
Now I am going to change my investing style . I will look for the relative expense ratio of regular vs direct . If I see a subsidy being gifted , I am more likely to take it
provided other things are equal.
And I will express my gratitude to the regular plan investor for subsiding me .
Just like I thank the millions who enter the markets each bull run and hand over their gains to patient long holders like me .
So far I have expressed my gratitude to the retail trader , now I will express it for the regular MF investor .
I have no doubts that going head for each NFO this will be the trend
Now if someone comes up with a bank nifty fund with a .60 TER for regular and 0.001 for direct that would make my day