Swastika Investmart Limited

Direct plans of mutual funds are cheaper as the shareholder pays 50 basis points less in yearly charges than in a regular plan. Lesser expenses also mean upper profits.
The variation is about 15 basis points in case of debt funds.

Life insurance plans could be complicated products. Some offer huge covers, while others act as savings instruments. Some charge premium for the whole term, others for a limited time. Every policy has its utility. Know own needs and the features of the policy before you purchase.