Sebi has directed mutual fund houses to make direct plans the default option on digital platforms. This change will take effect from November 1, when investors will see direct plans pre-selected for investment. Direct plans have lower expense ratios compared to regular plans, benefiting long-term investors through compounded returns. These changes aim to reduce conflicts of interest associated with higher commission payments in regular plans.
Oil Price Today (November 4): Crude oil falls below $104 ahead of US midterm elections outcome. What are analysts saying?
Crude oil price : Oil prices experienced a slight dip on Wednesday as traders kept a close eye on the US midterm elections. Brent crude