Hi Basu Sir,
I have few MF which I started via FundsIndia last year. I keep reading about the recommendation to move to Direct Funds. I understand the reason as well and it makes complete sense.
But I would like to know the following:
- In one of your post, you mentioned that if we have knowledge then only go for Direct else better to go for Regular. Now, let’s say I invest 5000/month in a fund for 15 years. Even though I don’t have knowledge, what role is FundsIndia (or any other) going to play here? I will keep investing for long term and small variations because of market will be ignored.
- What should be my expectation as an investor from FundsIndia?
Your questions are very much valid. If you feel FundsIndia not providing any value addition apart from providing online platform for investment, then you NO NEED to continue.
The role of an adviser to his client is to review the portfolio once in a year and give suggestions on what to do. If you feel such role is not happening with FundsIndia, then you can switch to any other adviser of your area or can move to DIRECT.
Your started investing already, so you must expect how they review your funds, what suggestions they recommend and whether you need to rejig the portfolio or not and how often they review. All these are the typical expectation of an investor from his adviser.