Everyone loves direct plans of mutual fund schemes these days. In their quest to save commissions paid to mutual fund advisors, many mutual fund investors, especially novices to mutual funds, have been lapping up direct plans in a big way. However, their mutual fund portfolios along with their approach to investing, present a scary picture. Many of them are just adding one top-star scheme after the other to the portfolio, without bothering to educate themselves about investing in mutual funds. W ..
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