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Rise in DIY investing: Direct plans now make up around 40% of SIPs
Investors can purchase direct plans directly on MF websites and online investment platforms
Direct plans for equity schemes seeing steady rise since last 5 years
The share of such plans among equity schemes has risen around 7 percentage points from 9.6 per cent to 16.6 per cent in the past five years
Share of direct plans steady at 15% for equity investment in September
Direct plans allow investors to bypass distributors and save on commission
