Switching mutual funds in Angel One means moving your investment from one mutual fund scheme to another easily through their platform. It helps you adjust your portfolio according to your changing financial goals or market conditions.

How to Switch Mutual Funds in Angel One?

1. Log in to your Angel One account on the app or website.
2. Go to the ‘Mutual Funds’ section to see your current investments.
3. Select the mutual fund scheme you want to switch from.
4. Click on the ‘Switch’ option and enter the amount or units you want to transfer.
5. Choose the new mutual fund scheme you want to invest in.
6. Confirm the details and submit your switch request.

What Should You Keep in Mind While Switching?

- Switching is treated as a redemption and new purchase, so it may attract capital gains tax depending on how long you held the original fund.
- Some funds have an exit load (fee) if you redeem before a certain period.
- The switch process can take a few days depending on the funds involved.
- Always check if the new fund matches your investment goals and risk profile.

Why Should You Switch Mutual Funds?

Switching mutual funds helps you improve your portfolio by moving away from underperforming funds or reallocating money to funds better suited to your current financial needs. It also helps you take advantage of market opportunities and reduce risks.

How Long Does the Switch Process Take?

Typically, the switch takes 2 to 4 working days. This depends on the mutual fund houses involved and the time of request. You can track the status of your switch through your Angel One account.

Need Help with Switching Mutual Funds?

If you face any issues or want guidance on which funds to switch to, Angel One’s customer support is ready to help. Call 7748000080 or 7771000860 for assistance anytime.