Groww launches direct plan mutual funds
New Delhi: Groww, an investment platform, today announced direct plan mutual funds for its customers.
So far, regular mutual funds were available on groww.in. However, from today, all funds would be direct by default, the investment platform said in a statement.
One can buy any direct plan available on the company's app or website, without paperwork and within minutes. There are no charges for investing in direct plans through Groww.
Currently, there are two types of mutual funds plans -- direct and regular -- available to the investors.
Regular plans have an indirect commission paid to the distributors while direct plans have no commission. As a result, direct plans have higher returns than regular plans.
The remark came in the wake of an interview Zarif gave to US' CBS TV news.
China said it welcomed plans by top US officials to visit the country to discuss trade.
Bloomberg, in a CBS interview, said he hopes by next year Trump will have changed his mind.
CPI(M) will not have a political alliance with Congress but an "understanding" inside and outside Parliament to stop the forces of communalism, Sitaram Yechury said.
China has agreed to resume sharing of hydrological data of the Brahmaputra and Sutlej rivers, External Affairs Minister Sushma Swaraj said.
Fugitive Indian diamond merchant Jatin Mehta asked the Indian government to reconsider his case after he got favourable judgments from international courts in Sharjah.
Worried his arrest is imminent, Nirav Modi has started selling off some of his international assets.
The US Attorney's Office in New York has filed federal terrorism charges against a bombing suspect who was accused of detonating a pipe bomb.
The embattled liquor baron Vijay Mallya once again offered to settle his Rs 9,000 crore debt with lenders.