Switch Related FAQs

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Can I switch between schemes/ investment options/plans? If yes, how?

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Yes, you can switch between schemes/investment options/plans. You need to fill in a transaction slip, which you can download from our website or detach from the bottom of your account statement. The same can be submitted at any of our Official points of acceptance of transactions
Alternatively, you may also redeem using our HDFCMFOnline and HDFCMFMobile platforms. For more details 
on HDFCMFOnline and HDFCMFMobile, refer to the Online section within the FAQs or contact us

 

Is there any load on switching?

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A switch from one scheme to the other is treated as redemption from the scheme from where it is switched out & a purchase into the scheme into which it is being switched. Thus you will be liable for any 'applicable' entry load or exit load.

 

How do I apply for a Systematic Investment Plan (SIP)? 

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First time investors can attach, along with the mutual fund application form, an SIP Enrolment form. The SIP enrollment form is usually submitted along with an auto-debit form. First time resident individual investors with mode of holding as single, can start directly create a folio and start investing online
on HDFCMFOnline and HDFCMFMobile, refer to section on Frequently Asked Questions (FAQs) or contact us.

Existing investors can fill the SIP enrollment form mentioning the folio number and submit it along with the auto-debit form. If you are an existing investor with online transaction facility, you can logon to www.hdfcfund.com and apply for an SIP.