No. Angel One does not charge any additional fee or “switching fee” when you move your mutual fund investment from one scheme to another. The process is treated as redeeming from one fund and investing in another, with no platform charge.

Does Angel One Charge a Switch Fee for Mutual Funds?

Angel One does not impose any switching fee when you change from one mutual fund scheme to another, including from regular to direct plans. There is no platform fee for switching mutual funds on Angel One.

Are Exit Loads Applicable When Switching?

Yes. If you switch out of a mutual fund before its holding period ends, the fund house may apply an exit load (for example, 1% if redeemed within one year). This exit load is charged by the fund house—not Angel One.

Are Capital Gains Tax Applicable on Switching?

Yes. Switching is treated as redemption, so capital gains tax may apply. If equity funds are held for less than one year, short‑term capital gains tax at 15% applies. For equity funds held longer than one year, long‑term capital gains tax at 10% applies on gains exceeding ₹1 lakh in a financial year. Debt funds follow different tax rules based on your income slab or indexation benefit.

Can You Switch Locked‑In Funds Like ELSS Before Maturity?

No. Funds with a mandatory lock‑in period, such as ELSS (typically 3 years), cannot be switched or redeemed before the lock-in is complete. Only after the lock-in period ends can you switch or redeem such funds.