{"id":1307,"date":"2024-04-23T05:02:21","date_gmt":"2024-04-23T05:02:21","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=1307"},"modified":"2026-03-02T19:26:48","modified_gmt":"2026-03-02T19:26:48","slug":"while-switching-from-regular-to-direct-for-a-sip-of-6-months-old-what-are-the-losses-that-can-be-incurred","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/23\/while-switching-from-regular-to-direct-for-a-sip-of-6-months-old-what-are-the-losses-that-can-be-incurred\/","title":{"rendered":"While switching from regular to direct for a SIP of 6 months old, what are the losses that can be incurred?"},"content":{"rendered":"\n

There may be some SIP transactions that carry an exit load (usually in equity funds). You also need to check for any Short Term Capital Gains in which case a tax of 15% might be applicable.<\/p>\n\n\n\n

These two need to be compared with the gain you make by reducing commissions even if it is for 6 months. In some cases it might be worthwhile to wait till the transaction completes one year. For ELSS funds the wait will be three years.<\/p>\n\n\n\n

To get a detailed report on the units and switch implications, send an email to switch@jama.co.in<\/a><\/p>\n\n\n\n

Read more:\u00a0https:\/\/www.jamawealth.com\/direct-plans-vs-regular-plans\/<\/a><\/p>\n\n\n\n\n

\n

Maxiom Wealth \u2014 Free Tool<\/p>\n

How Much Will Your SIP Grow to?<\/h3>\n

Use our free SIP calculator to project your wealth at 5, 10, or 20 years. Small monthly amounts compound into life-changing wealth \u2014 but only if you start early enough.<\/p>\n Try the SIP Calculator \u2192<\/a>\n Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

There may be some SIP transactions that carry an exit load (usually in equity funds). You also need to check for any Short Term Capital Gains in which case a tax of 15% might be applicable. These two need to be compared with the gain you make by reducing commissions even if it is for… Read More »While switching from regular to direct for a SIP of 6 months old, what are the losses that can be incurred?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,59],"tags":[],"class_list":["post-1307","post","type-post","status-publish","format-standard","hentry","category-mutual-funds","category-regular-or-direct"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=1307"}],"version-history":[{"count":1,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1307\/revisions"}],"predecessor-version":[{"id":3571,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1307\/revisions\/3571"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=1307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=1307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=1307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}