Inter-AMC migration of mutual fund investments

Tue, 12 May 2026 00:00:00 +0000

Inter-AMC migration (sometimes called an inter-AMC switch) is the process of moving a mutual fund investment from a scheme managed by one AMC to a scheme managed by a different AMC. Unlike an inter-scheme switch within the same AMC , there is no direct transfer mechanism between two separate AMCs in India; the process involves a full redemption from the source AMC followed by a fresh subscription to the destination AMC, with the investor’s bank account as an intermediary.

Switch in mutual funds (intra-AMC, inter-scheme, inter-AMC)

Tue, 12 May 2026 00:00:00 +0000

A switch in the context of Indian mutual funds is a transaction in which an investor redeems units from one scheme and simultaneously uses the proceeds to subscribe to units of another scheme, without the money passing through the investor’s bank account as an intermediate step. The two legs, redemption from the source scheme and subscription into the destination scheme, are treated as a single instruction by the AMC or its Registrar and Transfer Agent (RTA) , though they are legally and fiscally two separate transactions.

Inter-AMC Migration on WebNotes

Inter-AMC migration of mutual fund investments

Switch in mutual funds (intra-AMC, inter-scheme, inter-AMC)