How to Change Your Mutual Fund Distributor or Switch to a Direct Plan
A lot of investors think these are the same thing. They are not. Changing your mutual fund distributor means updating which MFD services your existing holdings. Switching to a Direct Plan means changing the plan type, from Regular to Direct, which is treated as a transaction and can have tax consequences. The first one is […]
How to Find and Verify an AMFI-Registered Mutual Fund Distributor
You check the mutual fund before investing. But how often do you check the person recommending it? In India, a quick verification can tell you whether a mutual fund distributor is authorised to operate. Here’s exactly how to do it, what to look for, and what the warning signs are. How do I find an […]
