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Old 5th January 2013, 10:48 AM
Alchemist Alchemist is offline
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Quote:
Originally Posted by Atiker View Post
For units bought this year onwards the NAV is more than that of the units bought last year even though both were bought as "DIRECT".
I am not sure, but isn't that how it should be?

From the link that you provided, it seems the earlier plans had commissions:

Quote:
Currently all investors irrespective of their mode of entry are charged commission as well as the fund management fees. These are then deducted from the returns of the scheme and passed on to the AMC and the distributor.
Business Line : Markets News : Direct investment may help HNIs, institutions more
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