Want to invest in mutual funds but don’t know how to go about it?

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Get all your mutual fund related queries answered by our expert, Pankaj Mathpal, founder and managing director, Optima Money Manager, on our show Mutual Fund Corner.

Q: 34-year-old Kanishk Bhalla writes to us from Delhi. I have a few mutual funds (Under Regular scheme) purchased from bank apps. I want to switch from a regular to direct plans without redeeming my current investments. Can you clarify how I should go about doing this? I want to use a platform where all my funds are shown in a commonplace. Please also suggest the platform.

A: You can subscribe to Mutual Fund Utility Platform and switch from regular to direct schemes. MFU has been jointly set-up by all fund houses. You can visit https://www.mfuindia.com for more information and opening a common account number.

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