Can clients switch between two different schemes of the same AMC on Coin?
Clients cannot directly switch between two different schemes of the same AMC since investments in Coin are made into direct mutual funds that are held in demat form.
However, clients can redeem one fund and purchase another fund within the same AMC.
Did you know?
Switching is redeeming one fund and purchasing another fund within the same AMC, and capital gains tax is applicable, similar to a regular redemption.
Still need help?
×
![]()