# Direct mutual fund plans become default on AMC apps from November 1 2026-10-29T03:52:20+00:00 | Technology | Indian Opinion Desk Corroboration: 2 independent outlets SEBI chairman Tuhin Kanta Pandey announced on 28 October that direct mutual fund plans will become the default option on asset management companies' (AMCs) digital platforms from 1 November. Investors who choose regular plans must be informed about their higher expense ratios, a move aimed at improving cost transparency as more Indian households invest through SIPs and digital platforms. Direct plans, purchased without a distributor, have lower expense ratios than regular plans of the same scheme. For example, a 0.5 percentage point difference on a Rs 5 lakh investment amounts to Rs 2,500 over one year. Pandey said the change applies to AMC digital platforms, existing investments will not automatically switch to direct plans, and regular plans remain available. ## Indian Opinion Analysis Both outlets report identical facts from SEBI chairman Tuhin Kanta Pandey's 28 October announcement: direct mutual fund plans become the default on AMC digital platforms from 1 November, and investors choosing regular plans must be informed about their higher expense ratios. Livemint adds granular cost examples, an investor-awareness survey and a note on tax implications of switching plans. CNBCTV18 structures the story as a Q&A that explicitly confirms existing investments will not automatically switch and regular plans remain available. The coverage is uniform straight reporting, no stance difference emerges. The implied next step for investors is to check the plan they purchase on AMC apps from 1 November and compare expense ratios before deciding. ## Coverage Coverage: 2 sources, 2 neutral - livemint.com (neutral report) Adds cost examples, survey data, switch tax note - cnbctv18.com (neutral report) Q&A format confirms no auto-switch for existing holdings This brief was synthesised by AI from the 2 sources linked above, so one read covers every framing they carry. Tags: mutual funds, SEBI, Tuhin Kanta Pandey Canonical: https://indianopinion.org/direct-mutual-fund-plans-become-default-on-amc-apps-from-november-1/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/direct-mutual-fund-plans-become-default-on-amc-apps-from-november-1/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/