Will switching to direct plans have exit load and tax implications

I had switched in from earlier plan to UTI Mid Cap and Franklin Prima Fund - Regular plans in July 2016. Can I switch online now to Direct Plan without any exit load or Income Tax liability?

Dec 7, 2016 by Mukesh Mangla,   |   Mutual Fund

Please note that switching funds from one plan to another will attract applicable exit loads (if any) as in this case the NAV of the fund changes. Please note that switching funds from one plan to the other is treated as redemptions and, therefore, tax implications will be same as that of redemptions.

Thanks for writing to us.

View All Queries
Search
You haven't found the answer for your queries? Do post your queries to us.
POST A QUERY
LIC MF Manufacturing Fund 300x250

Recent Queries

See MoreMore

Fund News

See MoreMore

Tools and Calculators

UTI MF Quant Fund NFO 300x600
Feedback
Notification