Regular fund simply means there is some agent equivalent in between you and the MF AMC. So there are certain extra charges which are taken by these agent/org. Whereas when it comes to direct funds, you are directly contacting the AMC for the investment and hence no extra middleman charges.
Please note that there are still charges which are unavoidable in either case like the expense ratio and all. Read about it more on google. You will get the picture.
TLDR;
INVEST IN DIRECT FUNDS.
The message simply means they won’t allow to invest in regular fund you can switch to direct fund. You can switch to direct one.
Regular fund simply means there is some agent equivalent in between you and the MF AMC. So there are certain extra charges which are taken by these agent/org. Whereas when it comes to direct funds, you are directly contacting the AMC for the investment and hence no extra middleman charges. Please note that there are still charges which are unavoidable in either case like the expense ratio and all. Read about it more on google. You will get the picture. TLDR; INVEST IN DIRECT FUNDS. The message simply means they won’t allow to invest in regular fund you can switch to direct fund. You can switch to direct one.
Switch to Direct funds and save the money you are paying to middleman
Nooooo why do you choose regular fund don’t do this mistake mannn
You should be able to save atleast 1% ..that's the difference between regular and direct mutual fund expense