You can opt between two plans when choosing how to invest in this fund:
o Direct Plan – under this plan, you can directly subscribe to units of the fund from the fund house i.e.: Aditya Birla Sun Life Mutual Fund
o Regular Plan – under this plan, you can purchase units of the fund through a mutual fund distributor or broker of your choice
The other difference between both these plans, is that they apply different expense ratios.
Currently the regular plan has an expense ratio of ____%, whereas the direct plan charges a lower expense ratio of ____%.
Choosing a direct plan over regular plan, means your investments will be subject to a lower expense ratio which translates into better returns on your investment.