Most mutual fund schemes have two plans: regular and direct. Regular plans are those that you can purchase via agents or brokers. Direct plans are offered by the fund house directly through their website or through direct mutual fund platforms like Kuvera. Direct plans have a lower expense ratio than regular plans as the AMC does not have to pay commission to any third-party agent in case of direct mutual fund plan. Regular mutual funds have higher expense ratio as commission/brokerage fees of the brokers is built-in the regular mutual fund scheme through higher expense ratio.