Bharosa Club launches Migration Wizard

Many retail investors want to switch from regular plans to direct plans. Switching funds intelligently and in a timely manner has hitherto been a very complex process, involving tiring calculations and lengthy spreadsheets. Recognising this, Bharosa Club a Registered Investment Advisory (RIA) firm, has launched a proprietary online tool named ‘Migration Wizard’ that allows any mutual fund investor to exit funds effectively and efficiently. Bharosa’s Migration Wizard isolates units that are free of exit loads and taxes, and helps an investor exit poor performing regular funds without doing complex calculations.

"The Migration Wizard isolated units free of taxes and exit loads, and allows an investor to exit regular funds without incurring any losses. This is a huge value add and simplifies the effort required on the part of an investor to move to commission free plans,” explains Shantanu Kumar, EVP Product & Marketing, Bharosa Club.