mutual fund: What does it mean to exit a mutual fund and switch a fund? Mrin Agarwal explains
Mrin Agarwal advises investors to remain invested for the long term, revamp portfolios for diversification, and be cautious of the tax implications of switching funds. Even if you are switching from direct plan to regular plan, it is also treated as a redemption. It is important to understand SIP tax implications and consider the timeline and exit loads before making any changes.
Source: indiatimes.com