Variability of Exit Load in Mutual Fund Schemes

Is exit load a standard charge across all mutual funds?

No, the imposition of Exit Load varies from one mutual fund scheme to another. While some schemes might charge it, others may not. It's vital for investors to thoroughly read the scheme's offer document to understand any applicable charges.

For instance, below is the exit load details of 'Mirae Asset NYSE FANG + ETF Fund of Fund Direct Growth':

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