Rollover is the process of reinvesting your mutual fund investment at the end of each year, instead of cashing it out. This allows your money to continue growing without interruption.
How Does Rollover Work?
Receive the Rollover Form:
The Asset Management Company (AMC) provides a rollover form. This form allows you to specify the amount you want to reinvest in the same mutual fund.
Fill Out the Form
Complete the rollover form by adding:
Redemption and Reinvestment Amount: Specify how much money you want to reinvest from your matured investment back into the same mutual fund.
Sign the Form
After filling out the form, you need to sign it as a standing instruction. This indicates that you authorize the AMC to automatically redeem and reinvest the specified amount each year without requiring further action from you.
Submit the Form to the Asset Management Company
Submit the signed rollover form to Behtari. We will then submit the form to the relevant Asset Management Company.
Redemption and Reinvestment
Once the AMC receives your form, they will redeem your current investment and reinvest the specified amount in the same mutual fund according to your instructions.
Monitor Your Investment
After the annual rollover, continue to monitor your investment’s performance and stay updated with the fund’s progress. Adjust your investment strategy as needed based on your financial goals.