Investing
Direct vs regular plan
Direct plans cut out the middleman commission, so they cost less and grow more than regular plans.
Every mutual fund has two versions. A regular plan pays a commission to a distributor or agent. A direct plan skips that, so its expense ratio is lower.
Same fund, same manager, same stocks. The only difference is you are not paying an ongoing cut to a middleman.
If you can pick funds yourself, always choose direct. Over decades the saved commission compounds into a serious amount.
For example
A regular plan at 1.5% versus a direct plan at 0.5% on the same fund is a 1% yearly head start, every single year, for free.