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Mutual fund direct plans to become default on AMC apps from November 1; what investors need to know

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Summary

SEBI will make direct mutual fund plans the default option on asset management companies’ digital platforms from November 1. Investors choosing regular plans must be informed about their higher expense ratios, chairman Tuhin Kanta Pandey said.

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  1. Livemint Not rated IN
    Check latest update on Mutual Funds from SEBI Chairman Tuhin Kanta Pandey; to be implemented from Nov 1 | What he said

    SEBI will make direct mutual fund plans the default on asset management companies' digital platforms from November 1, 2026. Investors may still choose regular plans but must be told they carry higher costs. Details here. 

  2. Livemint Not rated IN
    Mutual fund direct plans to become default on AMC apps from November 1; what investors need to know

    SEBI will make direct mutual fund plans the default option on asset management companies’ digital platforms from November 1. Investors choosing regular plans must be informed about their higher expense ratios, chairman Tuhin Kanta Pandey said.