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Mutual funds
An exit load is a fee some mutual funds charge when you redeem units within a set period after buying them, as a percentage of the amount redeemed. It is deducted from the redemption value.
A scheme charges a 1% exit load on units redeemed within 365 days. Redeeming ₹50,000 of units after eight months pays ₹500, and you receive ₹49,500. After a year, no load applies.
An exit load is a fee some mutual funds charge when you redeem units within a set period after buying them, as a percentage of the amount redeemed. It is deducted from the redemption value.
A scheme charges a 1% exit load on units redeemed within 365 days. Redeeming ₹50,000 of units after eight months pays ₹500, and you receive ₹49,500. After a year, no load applies.
No. Exit load describes a fund's costs, structure or past record. Mutual fund investments are subject to market risks, and past performance does not indicate future returns.