Does FYERS apply entry load on mutual fund transactions?

Does FYERS Apply Entry Load on Mutual Fund Transactions?

No, FYERS does not apply any entry load on mutual fund transactions.

An entry load was a fee historically charged at the time of investing in mutual funds. It reduced the effective amount that got invested in the scheme, with the deducted portion used to cover distributor and marketing costs.

For example, if you invested ₹10,000 in a scheme with a 2% entry load, ₹200 would be deducted as a fee, and only ₹9,800 would go into units of the fund.

However, the Securities and Exchange Board of India (SEBI) abolished entry loads effective 1 August 2009. Since then, no mutual fund investment in India, whether through FYERS or any other platform, carries an entry load.

Key Points About Entry Load

  • Charged at the time of investment (no longer applicable).
  • Reduced the actual amount allocated to units.
  • Covered distributor commissions and related costs.
  • Banned by SEBI to ensure transparency for investors.
If you notice any deduction resembling an entry load today, report it immediately to SEBI. The practice has been discontinued since 2009.

What If...

ScenarioExplanation
You’re charged upfront todayEntry loads are banned. Report any such charge to SEBI.
You review old investment statementsPre-2009 investments may show deducted entry load amounts.
You compare regular and direct plansCost differences are due to distributor commissions, not entry load.
You expect 100% allocationSince 2009, the full investment amount is deployed into units.

Last updated: 17 Nov 2025

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