Exit Load

It’s the amount charged on the investment when the investor redeems the units of a mutual fund.

Ex: If the exit load set by the mutual fund company is 1% and the investor redeems the investment when the NAV is 100rs, the amount which the investor will get is Rs.99 in his account.

Amit Singh Rawat_Knowandask

Amit Singh Rawat: Owner/ Founder of Knowandask a Digital Learning platform to educate yourself learn spread knowledge and share knowledge.

Leave a Reply

Your email address will not be published.