Lateral shift in and out

This query is : Resolved 

31 May 2015 what is meaning of lateral shift and lateral shift out ....

15 July 2015 Exchange Privilege / Switching Privilege

This is also known as the "lateral shift", a facility given by some mutual funds to its investors which enables them to switch their investments from one scheme to another. For example, if the stock market is on a high, they can switch over from a debt fund to an equity fund. If, on the other hand, they anticipate a fall, they can transfer their funds to a safer income fund.


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