Exit Load is a fee or charge levied by an Asset Management Company when an investor redeems or transfers units from a mutual fund scheme. It's deducted from the Net Asset Value (NAV) and serves as a deterrent for premature withdrawal.
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 ...
Entry Load is a fee that investors pay at the time of purchasing units of a mutual fund scheme. It is an upfront charge deducted from the investment amount, implying that a part of the investment goes towards this fee and the remaining is invested in ...
Redemption Price is the amount an investor receives when selling units of an open-ended mutual fund scheme. If there's no exit load associated with the redemption, then the redemption price will be equal to the NAV of the scheme. However, if there is ...
In the context of mutual funds, the repurchase price refers to the rate at which a closed-ended scheme buys back its units from investors. The repurchase price might be equivalent to the fund's Net Asset Value (NAV), or it could be slightly less if ...
Once the order is placed and your desired P&L is attained, you can Exit/Square-off using the ‘x’ option on the chart as shown below: However, if you want to partially exit the open position/s, the above-mentioned method doesn’t apply as the whole ...