Can we move broker MF portfolios to bank for TRV?

[Black Drango]

Hello!

I use Kuvera for my MF investments which claim to charge zero-commission. Is it advisable to move my MF investments to Banks to improve my TRV for any benefits like premium Credit card approvals and other benefits? Is it worth it?

 

[Shubham Yadav]

Hello!

I use Kuvera for my MF investments which claim to charge zero-commission. Is it advisable to move my MF investments to Banks to improve my TRV for any benefits like premium Credit card approvals and other benefits? Is it worth it?

Particularly which bank is being targeted by you ?

 

[Black Drango]

Currently, I have accounts with ICICI (ICICI wealth), DBS and SBI. I am open considering new relationships with Axis/HDFC.

 

[qf037x42v]

Kuvera only has direct plans. If you move them to a bank for TRV, they get no commissions. So, I really doubt they count direct plans.
Converting a direct plan to regular would mean you lose a part of the return to bank which would be quite substantial over a long term horizon.

 

[BlueFlash]

Afaik, none of the banks have direct plans. Only regular plans are listed when you do any MF investment via any banking app.