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Switch in Mutual Fund? |
What are the charges(Entry load, Exit load, commission) in a mutual fund if I switch between scheme of same MF company? Can I switch to a Debt fund also? Asking for Indian Mutual funds only A fund switch within a mutual fund family should not result in any fees unless you have not held your current fund for very long. Some funds will charge a fee if you've held the fund for less than 90 days so that you are not actively "trading" your mutual fund. For specifics, you'll need to contact your broker or mutual fund customer service department. You shouldn't invest in any fund that charges loads of any kind. There are plenty of excellent no-load funds (e.g. Vanguard), so paying a load is just throwing your money away. Load funds don't perform any better than no-load funds. |
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at your age a growth fund would be very good investment. ...According to Yahoo Finance, the top holders include: VOYAGEUR MUTUAL FDS III-DELAWARE SELECT GROWTH FD DAVIS SERIES-DAVIS OPPORTUNITY FUND ALGER MIDCAP GROWTH INSTITUTIONAL PORTFOLIO BARON GR... Well, conventional wisdom is that t-bills are among the safest investments. T-bills do provide a handy short term parking place for funds, but there are just a few things wrong with conventional w... If you select carefully, the MF and ETF have about the same charges and tracking accuracy. I find ETFs much more convenient to buy and sell because you can execute an order at the click of the ... It can be....Just take look at the link below to learn more about it.. ...Report exactly what is on the 1099's. That is what was reported to the IRS. Those two extra shares should already be included in the 1099. ...If you are cashing out, then it would not make a difference if you sell before or after the distrubtion date. However, if you can wait till next year you can differ your capital gains tax. If yo... Many mutual funds distribute capital gains in December. If your fund has realized gains for the year the fund will pay a "dividend" in the form of a share reinvestment. When your fund p... |
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