Investors switch their investment from one open-ended scheme to another within the same fund house for better financial planning. To switch within the same fund house, fill up a switch form specifying the amount/no. of units to be switched from the source scheme and name of the destination scheme. You must fulfil the minimum investment amount criteria for both switch-in and switch-out schemes. There may be implications of exit-load and capital gains tax while switching. For a switch within the same fund house there is no worry about the settlement period as the money doesn’t move out of the fund house.
When you switch from a scheme in Mutual Fund to another scheme in Mutual Funds B, it’s like selling your investments in one fund
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