POSTED BY September 9, 2012 12:05 pm COMMENTS (7)ON
Earlier i was investing in
canara robeco equity diversified- 2000 Rs.
DSPBR top 100 equity fund – Regular plan -Growth-2000 Rs.
I added 5000 Rs in Canara Robeco and 4000 Rs to DSPBR.
I have an investment account with Kotak Mahindra Bank, and My mutual fund transactions are done through my savings account for which i Pay 440Rs. yearly.
But when i told them to add the additional amount to my current mutual fund.
I got the different portfolio numbers for the additional amount of 5000 Rs and 4000Rs.
I assumed that 5000 Rs will get added under the same folio number of Canara Robeco and 4000 Rs will get added under the same folio number of DSPBR.
But now i have total 4 portfolio numbers for 2 mutual funds.
Has bank done the mistake.
Is the mutual fund company charging per unit wise or i will be charged for 4 different transactions.
None of my mutual fund had completed and year.
What is the next procedure to convert the 4 mutual funds into 2.