SEBI has allowed Mutual Funds to have a Separate NAV for investors investing Directly. This Separate NAV will have a lower expense ratio and is expected to benefit for "very long term " investors.As usual, the "experts" have started advocating of going direct to Mutual Funds bypassing the Advisors. Was in ICICI AMC office the other day regarding a query. A walk in customer comes in and asks for "Direct Plan Details".The clerk at the Reception...
