Money fixes you must not postpone: Go direct

In the previous two articles of the series, we talked about the importance of setting your asset allocation back on track and the need to prune the mid and small cap allocations in your portfolio. Now comes the third step that investors usually defer but should not - switch to direct plans. Go direct We have said this repeatedly but perhaps, in the current market scenario, when the returns of debt funds have been falling, it has become even more imperative for a debt-fund investor to switch to the direct plan. Returns of fixed-income funds have nosedived, owing to falling interest rates, even though expense ratios have remained flat over the last year. As a result, expenses have started consuming a more significant chunk of the returns of these funds. The pr