Under the direct mutual fund plans, you go to the mutual fund house directly for investment. Since there is no distributor involved, no commission is to be paid. Thus, the expense ratio is less for direct plans as compared to regular plans.
Liquid fund belongs to the category of mutual fund which invests mainly in money market instruments like certificate of deposits, treasury bills, commercial papers and term deposits with a residual maturity of upto 91 days. Since liquid funds have a low level of risk, they are assigned blue colour as per codes specified by the SEBI.
CDSL Ventures Limited (CVL) has been formed by the Mutual Fund industry to create the necessary infrastructure to handle the KYC on behalf of the Mutual Fund Industry. CVL is handling the work of “Customer profiling and Record Keeping” for issuance of Know Your Client (KYC) acknowledgment to mutual fund investors.
Providing easier access to EOD NAV Mutual fund charts for more than 3000 funds enable with quicker search option. EOD charts supports line plot only. It does not support candlesticks and other pricing types.