Fund Switch Simulator
Most switch calculators show you the upside and hide the bill. This one shows both. Enter the fund you hold and one you are considering, and see what the same contributions would have done over the same period — after exit load and capital gains tax.
You choose both funds. Nothing here recommends a scheme.
Switch Simulator
Replays the same contributions through two funds over a past window, net of what the switch actually costs. You choose both funds — nothing is recommended for you.
Switching funds — what the change actually costs you
Switching from one fund to another feels free, but it rarely is. Redeeming the current fund can trigger an exit load and capital-gains tax, and the money is out of the market briefly during the switch. So a switch only makes sense when the expected benefit clearly outweighs those one-off costs — not simply because another fund has done better lately.
This tool models a switch: it estimates the exit load and capital-gains tax on redeeming your current holding, and shows the effect on your net amount and returns, so you can judge whether the move is worth it. The output is information to inform your decision, not a recommendation to switch any particular scheme.
How this calculator works
- 1Enter your current holding — invested amount, current value and holding period.
- 2The simulator estimates the exit load and capital-gains tax a switch would trigger.
- 3It shows the net amount that would move and the impact on your returns.
Frequently asked questions
What does it cost to switch mutual funds?
A switch is a redemption from one fund and a fresh purchase into another, so it can trigger an exit load (if you are within the load period) and capital-gains tax on the gains redeemed, plus a brief time out of the market. These one-off costs are why a switch should be driven by a clear, lasting reason, not recent performance alone.
When is switching funds worth it?
A switch can be justified by a durable reason — for example, correcting an allocation that no longer fits your plan, exiting a consistently mismanaged fund, or consolidating scattered holdings. It is rarely worth it just because another fund has outperformed recently, once the exit load and capital-gains tax are counted.
Is switching taxed?
Yes. Because a switch involves redeeming the current fund, any capital gains on that redemption are taxable under the rules for that asset and holding period, just as a normal redemption would be. This tool estimates that tax so you can see the true cost; confirm specifics with a Chartered Accountant.
Related tools
Illustrative only and for information, not investment advice or a recommendation to switch any scheme. Confirm exit loads and tax with the AMC and a Chartered Accountant.