If I invest through HDFCMFOnline, will I be charged entry load on my purchase / switch transaction?
Only if the investor selects the broker code as ‘DIRECT’ while transacting online, there will be no entry load for the purchase / switch transaction. • How many days before the next SIP / STP installment date should I submit the change of broker code request in order to ensure that it is updated and that no entry load is charged on my next installment? You are required to submit the change of broker code request at least 10 days prior to your next SIP / STP installment date. • What is the Turn Around Time (TAT) for change of broker code request to be updated? A change of broker code request would take approximately one week to get updated. • Would my folio details be disclosed to my previous broker once my broker code is updated as ‘DIRECT’? No. However, we would intimate your old broker about the change of broker code. • Can I submit a change of broker code request to CAMS directly? Yes, as long as it is authorized by the Unitholder(s), depending on the mode of holding. However, the p
Related Questions
- If I invest through a distributor and subsequently change my investment to direct, will there be any impact on my investment? Will I be charged an entry load for the futureinstallments also?
- If I invest through HDFCMFOnline, will I be charged entry load on my purchase / switch transaction?
- Would I be charged any fee while making payment through ngpay for my purchase transaction?
