Is it good to invest in mutual funds through ET Money app?

Thanks for the A2A. Please check if the app that you are investing in offers “Direct Plans”. If not then you are losing your hard earned money to commissions on a daily basis. Yes the commissions are reflected in the regular plan NAVs daily and amount to 1% to 1.5% in most funds. Over time this creeps up to 40% of your total wealth.

It is easy to switch to direct plan mutual funds online.