Redemption/ switch of mutual funds

This query is : Resolved 
Quick Summary
This discussion addresses how to switch existing mutual fund investments to direct plans without incurring exit loads, particularly for equity and debt funds. The user, who invested 17 years ago through an unreachable broker, seeks to redeem funds and reinvest them for maximum returns while avoiding unnecessary brokerage fees. Advice suggests that switching is possible without exit loads for certain fund types.

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(Querist)
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...
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
10 March 2025 Yes, you can switch them without any exit load if they are equity based or debt funds.
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chinu

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chinu (Querist)
10 March 2025 Thanks for the quick response sir.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
10 March 2025 You are welcome.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
04 October 2025 Good luck...
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