Investing in mutual funds has become one of the easiest ways to build long-term wealth. But many investors still wonder: Where to buy mutual funds? and Which platform is best for direct mutual funds? This blog is a simple and meaningful mutual fund investment guide designed to help you understand how to buy direct mutual funds and choose the most efficient platform for your needs.
What Are Direct Mutual Funds?
Direct mutual funds are schemes you purchase directly from the mutual fund company, without any intermediaries like brokers or distributors.
The biggest advantage? Lower expense ratio, which means higher returns over the long run.
Unlike regular mutual funds, direct plans do not include distributor commissions. So, if you want to save more and grow wealth faster, direct mutual funds are usually the smarter choice.
Why Should You Buy Direct Mutual Funds?
1. Higher Long-Term Returns
Because there are no commission charges, direct plans often deliver 1–1.5% more returns than regular plans.
2. More Transparency
You get complete clarity on where your money goes and how much you pay.
3. Complete Control
You choose the scheme, track performance, and decide when to invest or withdraw—no middleman.
Where to Buy Mutual Funds: Your Best Options
Many investors find themselves confused about where to buy mutual funds. Here are the three major ways to invest in direct plans:
1. Directly Through AMC Websites
Each mutual fund company (AMC) offers a direct plan option on its website.
Examples include:
- SBI Mutual Fund
- ICICI Prudential
- HDFC Mutual Fund
- Axis Mutual Fund
Pros:
- 100% direct plans
- Reliable and transparent
Cons:
- Managing multiple AMC accounts can be time-consuming
- Not ideal for beginners
2. Through Registered RIA Platforms
Platforms registered with SEBI as RIAs (Registered Investment Advisors) allow you to invest in direct mutual funds with unbiased recommendations.
Pros:
- Easy dashboard
- Access to all AMCs in one place
Cons:
- Some may charge a subscription fee
3. Using Top Platforms for Direct Mutual Funds
If you’re looking for the best platforms for direct mutual funds, these are among the most favorite choices among investors:
- Groww
- Kuvera
- ET Money
- Paytm Money
- My Mudra FinCorp Limited
Why these platforms stand out:
- Zero commission
- User-friendly mobile apps
- Quick KYC and instant investment
- Free portfolio tracking and insights
How to Buy Direct Mutual Funds: Step-by-Step Guide
This simple mutual fund investment guide will help you get started:
Step 1: Complete Your KYC
Upload your PAN, Aadhaar, and basic details through any platform offering online KYC.
Step 2: Choose the Right Platform
Select an AMC website or one of the best platforms for direct mutual funds according to your needs.
Step 3: Explore Fund Categories
Decide based on your goals:
- Equity funds for long-term growth
- Debt funds for stability
- Hybrid funds for balanced returns
Step 4: Check Key Parameters
Before investing, compare:
- Past performance
- Expense ratio
- Fund manager history
- Risk level
Step 5: Start Your Investment
You can invest either through:
- Lump sum, or
- SIP (Systematic Investment Plan)
Step 6: Track and Review
Review your funds every 6–12 months and ensure they match your long-term goals.
Conclusion
Buying direct mutual funds is one of the smartest ways to grow your wealth efficiently. Understanding where to buy mutual funds and selecting the best platforms for direct mutual funds ensures higher returns, lower costs, and complete transparency. With the right mutual fund investment guide, you can easily build a diversified and high-performing portfolio.
