How can I bring my current funds to your platform? Can I map them to my goals?
You cannot transfer or migrate your funds from one platform or advisor to another. Your best alternative is to STOP investing on those platforms and setup new SIP orders in Funds or setup new Goals on Glide Invest. Look at it as an opportunity to:
- churn your portfolio and get out of funds that are not performing as per your expectations, and
- take advantage of LTCG tax benefits and slowly exit investments that allow you to take these tax benefits.
Our app now includes the ability to import your Consolidated Account Statement (CAS) across all non-demat Mutual Fund platforms and see a unified view of all your investments (both internal to Glide Invest and external). Future releases we will also allow you to switch from Regular Plans to Direct Plans and save on hefty distributor fees that you pay year after year. This will also allow you to slowly migrate from other platforms to Glide Invest in a tax efficient way.
Now earn 50 Glide Coins for your first CAS import. To earn these coins, your CAS statement must have investments outside of Glide, and must include investments other than Liquid / Money Market / Overnight funds.