what is entry load? what is exit load?

Answer Posted / sanjeev ranjan

entry load are those charges which is levied on investor
when he buy any mutual fund from distributor companys and
exit load charges are those when invesstor surrender their
mutual fund to distributor co.'s
at that time the charges are rs.100crore 2.5%,till 300 cr.
2.25%,till 600cr.2.00% and after that any purchases 1.75%

Is This Answer Correct ?    28 Yes 9 No



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