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What are the terms and conditions for switching mutual funds?

  • Switching can only be done if both products are managed by the same investment manager. However, there are some mutual fund products that cannot be switched even though they are under the same investment manager.

  • There is a minimum amount requirement for switching, which is 105% of the minimum purchase or 105% of the minimum ownership of mutual fund product units that are the target of switching.

Example:

The minimum purchase of mutual funds is IDR 1,000,000.

So, the minimum switching amount is 105% of Rp1,000,000, which is Rp1,050,000.

This means that you can only switch if the value transferred is at least IDR 1,050,000.

  • The cut-off time for switching is the same as buying and selling mutual funds, which is 13.00 WIB.

  • There is no switching fee in Pluang.