Mutual funds provide a convenient feature for investors known as "switching", where one can transfer their investment from one scheme to another within the same fund family without incurring additional charges. In simpler terms, it is a way to change your investment strategy without any extra costs. This feature offers flexibility and allows investors to make changes to their portfolio as per their financial goals. It is important to note that not all mutual funds offer this feature and it is advisable to understand the terms and conditions before making any switches.
