Mutual funds: Why direct plans are stealing the show

Switching to direct mutual fund investments can lead to better returns due to lower expense ratios and the absence of distributor commissions, resulting in a higher NAV and more of your money working for you. However, direct plans require you to select and manage funds independently, which can be challenging without financial expertise and may expose you to decision-making errors or investor bias. Experts suggest that while direct funds offer cost advantages, investors should weigh the benefits against the need for professional guidance, especially if they lack time or experience in managing investments