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Mutual Funds 5 min read

Direct vs Regular Mutual Fund - Which is Better?

Why direct plans give 1% higher returns, how to switch from regular to direct, and when regular makes sense.

F

IPOfins Team

Finance Research & Data • June 2026

Direct vs Regular Mutual Fund

Direct plan is always better for returns.

Difference

  • Direct: No distributor commission. Lower expense ratio.
  • Regular: Distributor earns 0.5-1% annually from your investment.

Impact Over 20 Years

₹10,000/month SIP: Direct (12%) = ₹98.9L vs Regular (11%) = ₹86.4L. Difference: ₹12.5 lakhs lost to commission!

Where to Buy Direct

  • Groww, Zerodha Coin, Kuvera (free platforms)
  • AMC websites directly

How to Switch

Stop regular SIP. Start new SIP in same fund's direct plan. Let old units grow (don't redeem — triggers tax).