AMFI Registered Mutual Fund Distributor
                Fundsupermart.com | Global   
SEARCH 
   GETTING STARTED         |  TRANSACTIONS     |  MY INVESTMENTS     |  RESEARCH     |  MUTUAL FUND     |  NRI     |  FORUM     |  CONTACT US     |  FAQ     | 
  Help us contact you
  *   
  *   
     
 
FAQ

08. Switching of Funds
1) What charges do I have to pay to perform an intra switch?
2) What is the minimum investment in the fund I wish to switch to?
3) When will my switch orders be transacted?
4) Can I switch from one fund to multiple funds?
5) What else do I need to know about switching?
6) Under what situation will my switch transactions will be void / rejected?

Q: What charges do I have to pay to perform an intra switch?

A: Except for any exit load/ CDSC or switching charges that may be levied by the AMC, there are no charges for switching levied by Fundsupermart.com. Please refer to the Offer Document / Scheme Information Documents/ Statement of Additional Information of the respective schemes of Mutual Funds before transacting.
 
Return to Top
Q: What is the minimum investment in the fund I wish to switch to?

A: The minimum initial investment amount will apply if you are switching into a fund that you have not invested in before. If you already have units of the fund that you are switching to, the minimum subsequent investment amount will apply. Otherwise, the minimum investment amount as specified by the individual funds will apply.

Please refer to the Offer Document / Scheme Information Documents/ Statement of Additional Information for further information on the same.
 
Return to Top
Q: When will my switch orders be transacted?

A: If you place the switch transaction before 02.00 pm on a business day the transaction will be executed on the same day.

Any transaction approved after the cut off time will be submitted for processing on the next business day. Orders submitted on a non-business day will be transacted on the next business day.
 
Return to Top
Q: Can I switch from one fund to multiple funds?

A: No. You may only switch between two funds. Switching from one fund to multiple funds in a single switch order is not allowed.
 
Return to Top
Q: What else do I need to know about switching?

A: You are not required to make any payments, as the proceeds from the switch-sell order will be used to pay for the switch-buy order.
 
Return to Top
Q: Under what situation will my switch transactions will be void / rejected?

A: The proceeds of the switch sell transaction have to cover exit charges if any from the AMC, as well as be sufficient for the minimum investment requirement for the fund you are switching into. In case this requirement is not met, the switch transaction will be rejected.
 
Return to Top

For further assistance, call our helpline at +91 22 4219 9494 from 9.30 am to 5.30 pm on Monday to Friday, (excluding Saturday, Sunday and public holidays).