how to shift to direct plan in mf nkumar71, 11 Jan 2013

sir , i had two sips in MSFU contra & emerging bussinesses fund. I want to stop MSFU contra fund. & change to direct plan in other one. how should i proceed

Fintotal Answer

Dear Kumar SBI MFSU Contra has not been a good performer. You can give a written request for stopping further installments in it. SBI MSFU Emerging Business fund is a good fund but it is meant for wealth creation goals and not for core goals like retirement, child's higher education, marriage, buying home etc. Read review and recommendation at http://www.productanalysis.fintotal.com/SBI-MSFU-Emerging-Business-Fund/803 For switching to direct plan you need to submit a request to the fund at least 15 days before the next SIP date. If the form for switching is not available on their website take help of their customer service helpline. But before you do check out if it's best to switch now or not-http://www.knowledge.fintotal.com/article/Is-It-Best-to-Opt-for-Direct-Plan-in-Mutual-Funds/5825

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