Don't invest mutual funds through PhonePay

Never Buy PhonePe SIP Mutual Funds, Instead Buy Direct Plans

The main reason you should never buy any mutual fund plans from PhonePe be it PhonePe SIP or One Time, is because of the fact that all the mutual funds offered by PhonePe are ‘regular’ plans, not direct plans. PhonePe will take a cut of around ~0.8% of your profits as fees. Even though you…