Watch & Learn
Direct or Regular: why the expense ratio is not the whole decision
Direct and Regular differ in cost, but cost is only one input into an outcome. What an investor actually ends up with is shaped by the decisions taken along the way, not by the plan type on its own.
Vibhuti Jyotishi, Senior Investment Manager·13 November 2025·1 minute 15 seconds
What this covers
The video pushes back on treating the expense ratio as the entire comparison. A lower cost is a real advantage, and it is also the easiest part of the decision to measure — which is precisely why it dominates the conversation.
The harder inputs are behavioural and structural: whether contributions continue through a fall, whether the goal was calculated properly to begin with, and whether the portfolio is reviewed for the right reason. Those decide far more of the final number than the difference between two plan types.
Cost is one input. Staying invested for the right reasons is the larger one.
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