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REDDIT

Conflicted about broker's fee. Need advice

M
Mar 7, 2025 · 11:49

I met a financial advisor through a close family member. He proposed a set of MFs for SIP which I had continued since then. Then, I had little to no knowledge of investing. Recently, I started reading more about investing and learnt how broker's fee eats a huge chunk in the corpus down the line.

Been thinking of reducing the 'regular plan' SIP to 50% and invest remaining 50% in same funds 'direct plan' myself. However, feels like it isn't right thing to do i.e. used his skills to start however cutting him short later. What should I do?