Trigger options in Mutual funds

[rakamaka]

Some AMCs have built in trigger option for a scheme (eg Tata p/E) where fund units will be sold based on time or value trigger.
Can i do it ANY scheme with help of my broker? Similar to stop order on equity trading? Will be great if broker can povide way to sell MF units based on NAV trigger.
SWP is not a trigger.
brokers like icicidirect, hdfc or uti cant do it

 

[shilpaks7]

i think fundsindia.com has a trigger based investment option, dont know the details though.

 

[rakamaka]

Thanks :clapping:

 

[2021]

I'm using trigger option with SBI Insta Cash and SBI Blue Chip combination since 2-3 months and it paid off very well. What I did is I put a trigger of Insta cash to blue chip if sensex falls 170 points (approx 1%) and blue chip to Insta on 2% profit. FundsIndia has trigger option with option of index based, profit based, nav based, amount based automatic switches. It's good for those who cant track mutual funds being in office. But remember there are only 2 funds that can be easily played profitible way with trigger, hdfc sensex plus and sbi blue chip both switched to respective no exit load liquid/debt scheme like insta cash or hdfc cash mgmt since both equity schemes choosen don't have any exit load either. So one can enjoy every fall as investment upto pre-specific amount and safely send capital/profits to sure return liquid schemes.

 

[rakamaka]

2021 Thanks for strategy. I am looking for opening fundsindia account.
Is it possible to play trigger option with schemes having exit load say 1%? Is it technical trading matter or money management issue when you mention hdfc index and sbi blue chip funds only?
Thanks again because I can't watch my fund loosing money and I am doing nothing.