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.
By ET Online |
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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.
--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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