What is Exit Load? | Mutual Fund Exit Load Explained | Kaam Ki Baat Ep. 138
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Shravii Purushottam Rathi on Instagram: "Before redemption and switching mutual funds check the exit load. • Exit load is a charge deducted if you redeem or switch a mutual fund early • It is calculated on the redemption amount, not on profits • Exit-load rules differ for every fund Common structures: • 1% if redeemed within 12 months • 0.5% if redeemed within 6 months • Nil after the specified period • Some funds have no exit load Important points: • Exit load applies even on switching funds wi
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