Lateral shift in and out
This query is : Resolved
nikunj savani
(Querist)
31 May 2015
what is meaning of lateral shift and lateral shift out ....
Arpit Shah
(Expert)
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.
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.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
