How do I switch from regular to direct plan?

If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

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I have invested in Aditya Birla Sun Life Mutual Fund. I want to change from regular to direct plan. I have a demat account with NJ wealth, but there is no switch option from regular to direct plan. How do I switch?
--Nitin Narappanawar

Shweta Jain, founder, Investography, responds:


You can redeem your investment and invest the money in the regular plan of the same scheme. Direct to regular is not a switch transaction.
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