Investor Corner/Money matters beyond investing/Practical & Operational
4.1.3 Direct Plans: How to Buy
Direct plans can be bought straight from an AMC's own website or app, through registrar platforms, or through certain discount investment platforms, all at a lower cost than the equivalent Regular plan.
The main routes available
Every AMC's own website and mobile app allows direct purchase of its Direct plans without any distributor involved. Registrar platforms, which handle back-end processing for multiple AMCs, offer a way to buy Direct plans across several fund houses from a single login rather than visiting each AMC's site separately. A number of discount investment platforms have also emerged specifically to make buying Direct plans across AMCs more convenient.
What changes, and what does not
Regardless of which of these routes is used, the underlying scheme and its NAV remain identical; what differs is purely the convenience of the buying experience and, in some cases, the range of additional tools and reporting offered alongside the purchase itself. None of these routes provide personalised advice, which is the trade-off being made in exchange for the lower Direct plan cost.
What to check before choosing a platform
Consider whether the platform gives a genuinely clear, consolidated view across all your holdings, rather than only across investments made specifically through that one platform, since money invested elsewhere or years ago can otherwise become difficult to track properly in one place.
How PriLytics helps. Regardless of which platform you use to invest, PriLytics reads your consolidated account statement and organises every holding into one clear, accurate view. See how import works.