what is entry load? what is exit load?
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Answer Posted / amod kumar
entry load is a charge levied by AMC in the in case of NFO
(new fund offer) to meet the adertising & peliminary exp of
the new scheam.in case of open ended fund later on AMC
charge these exp as recurring exp.
exit load is the charge which is levied by AMC in case of
the investor exit from the scheam. it can very from time to
time. if you exist early you will have to pay higher exit
load which can be less in case you saty with the scheam for
long time.
for both entry load and exit load, there are range of rates
provided by AMFI, compnies have to charge within those
ranges with the follow up of guidelines.
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