Switching in the context of mutual funds refers to the process of shifting your investments from one fund scheme to another within the same mutual fund. There may be implications of exit load and capital gains tax while making intra-mutual fund switch (growth plan to dividend or regular plan to direct plan) since it is currently considered a sale transaction for the source scheme. It is to be noted that switching is not possible between two schemes belonging to two different fund houses.
Nine big financial changes that you must watch out for in October
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