Direct Plan
Definition
What is Direct Plan?
An investmentAn asset or commitment of money made with the expectation of future income, growth, or both. route made directly with a fund managerThe licensed firm responsible for investment decisions and day-to-day management of a fund. without an intermediary receiving distributionIncome or realised gains paid by a fund to its unitholders. compensation.
Example in practice
How This Looks in Practice
An investorA person or organisation that commits capital with the expectation of a financial return. opens an account on the manager's platform and deals directly with the fund.
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Related Terms
Accumulation Option
A fund option that retains or reinvests income so it contributes to unit-value growth.
Plans & OptionsIncome Option
A fund option designed to pay eligible income to the investor rather than retain all of it.
Plans & OptionsGrowth Option
An option focused on long-term capital appreciation rather than regular cash distributions.
Fund Structure & RegulationCollective Investment Scheme
A regulated arrangement that pools investors' money for investment according to a common objective.