Hi all,
This is the first time I am investing my savings in ELSS schemes to save taxes.
I invested in 2 funds with the help of my local bank manager last week and ofcourse my bank had made me aware that there will be an entry load of 2.25% on my investments if I go through them. I was OK with that because I did not know the process.
Now I want to get more disciplined in my saving/investing and go the SIP route and invest in the same funds. My existing folios indicate the broker code etc and other details, will I still be charged entry load if I go directly?
Thanks
lonsharim
This is the first time I am investing my savings in ELSS schemes to save taxes.
I invested in 2 funds with the help of my local bank manager last week and ofcourse my bank had made me aware that there will be an entry load of 2.25% on my investments if I go through them. I was OK with that because I did not know the process.
Now I want to get more disciplined in my saving/investing and go the SIP route and invest in the same funds. My existing folios indicate the broker code etc and other details, will I still be charged entry load if I go directly?
Thanks
lonsharim