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mutual fund

20 October 2018

dear sir,
I have taken mutual fund growth plan but now that same portfolio I want to transfer in direct plan so how I can do it

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4 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (184685 Points)
Replied 20 October 2018

You will have to redeem the earlier units, and purchase new direct plan units.

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Amit Rock (3 Points)
Replied 20 October 2018

ok thank you.
in which mutual fund I should invest (direct plan)

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (184685 Points)
Replied 20 October 2018

All the mutual funds schemes have both the options, Regular & Direct ...

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Aradhana Jain (Finance head) (28 Points)
Replied 19 March 2019

I would recommend you to invest in HDFC's mutual funds. I have friends who have been investing for a long time and suggested HDFC mutual funds. Hence, I started investing in HDFC three years ago. As you want to know about direct plans in mutual funds, HDFC equity savings funds are very profitable of all HDFC mutual fund. It is the best hybrid mutual funds available and has a direct plan available. This fund has been performing really well and earned a 6.5% returns in the last year. There is HDFC short-term plan mutual funds which are another option with a direct plan and gave returns of 6.34% last year. It is a debt mutual funds with good performance and easy liquidity. HDFC long term advantage fund allows a minimum investment of INR 500 with a direct plan and is the best equity mutual fund in India. I hope this was helpful and you are able to choose one of these plans for good returns in the future.