Redemption/ switch of mutual funds
This query is : Resolved
Quick Summary
10 March 2025
I have invested in few mutual funds 17 years back through a broker who is not in touch after that. Will I be charged the exit load if I switch my mfs in the same fund houses from regular to direct investments?
Please suggest any way out where I save my maximum amount if I want to redeem these mfs, without losing my money in brokerage as the broker was of no use.
Also please suggest the way to invest this amount to maximise the return.
Thanks in anticipation...
Please suggest any way out where I save my maximum amount if I want to redeem these mfs, without losing my money in brokerage as the broker was of no use.
Also please suggest the way to invest this amount to maximise the return.
Thanks in anticipation...
Dhirajlal Rambhia
(Expert)
10 March 2025
Yes, you can switch them without any exit load if they are equity based or debt funds.
Dhirajlal Rambhia
(Expert)
10 March 2025
You are welcome.
Dhirajlal Rambhia
(Expert)
04 October 2025
Good luck...
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