New Delhi, April 22 -- Mutual fund investments are considered among the best ways for an ordinary retail investor to book capital gains. A popular tool to achieve financial goals and grow your wealth, MFs have a long-term horizon of five to 15 years with reasonable financial security. However, there are varying levels of risk attached based on the type of scheme and that's why you have to choose carefully before making an investment.

Here, we explore the differences between direct mutual funds and regular mutual funds, the benefits, risks and considerations to keep in mind, before making your choice.

Direct funds are mutual fund plans where investors apply directly with a fund house without an agent, bank or broker. The biggest advantag...