POSTED BY January 8, 2013 7:26 pm COMMENTS (16)ON
I wanted to know the procedure to convert my existing MF SIPs to the ‘Direct’ plan. I had selected the mutual funds myself after doing my own research, but had walked into a Karvy office because I didn’t know where else to go. 🙂
I have active SIPs running, so what is the process to switch to a direct plan now? Will I incur an exit load on my investments if I make the switch? Should I stop my existing SIPs and start fresh folios in each of my fund choices? I do not wish to incur an exit load or tax, so what is the best way to approach this?