Can I change the broker of my mutual funds without breaking SIPs ?

POSTED BY PAKN ON January 2, 2015 11:38 am COMMENTS (2)

I have a couple of SIPs  which I invest through Sharekhan and now I would like to shift to HDFC bank. Is is it possible? i.e without breaking the continuity or I will have to close the account  in Sharekhan and open afresh in HDFC.

2 replies on this article “Can I change the broker of my mutual funds without breaking SIPs ?”

  1. ramakantp says:
    January 4, 2015 at 12:33 am

    To invest in MF you dont really need any broker account. You can directly approach the mutual fund house and open a folio, start a SIP.

    Approach your MFC for details.

    Reply
  2. Hemanth says:
    January 3, 2015 at 11:03 am

    why do u want to move from sharekhan to hdfc

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.