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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

Showing 1 term

Switch transaction

Market basics
Also called: Fund switch

Moving money between mutual fund schemes or plans, executed as a redemption from one and a fresh purchase into the other.

In plain terms

Not an administrative relabelling. It carries any exit load, realises the gain for tax, and starts the holding period again from that day.

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Indian stock market glossary · Market Vidyalaya