slide

When an investor makes redemption within a stipulated period of investment, a fee is levied.

The net cash inflow, therefore, will be arrived at after deducting this fee.

This deducation from the sale proceeds for exiting the scheme ‘prematurely' is called 'exit load'.

Exit load is a form of penalty charged by mutual fund house.

It is levied when an investor makes a partial or full redemption within a stipulated period of investment.

The time period for which it applies varies from scheme to scheme.

The time period is calculated from the date of investment.

In case of SIP, each SIP is considered a separate investment and exit load is levied accordingly.

Check here for more personal finance stories.

Why do fund houses levy exit load?

When an investor redeems the mutual fund units, they — at times — have to pay a small fee levied by the fund house. We elaborate the process to calculate this fee, also known as exit load

These two value funds gave a return of over 15% in 2022. Should you invest now?

Amazon to slash more than 18,000 jobs in escalation of cuts

Volume of complaints received under RBI ombudsman schemes jumps 9%

Extreme volatility will give the best opportunities to invest in the long term, says market expert Madhusudan Kela

Equity vs Debt: Which one is suitable for long-term investments

Comprehensive health insurance policy: Here are 7 key features you should know

Retirement planning: Why investing in ELSS makes a lot of sense

New to investing? IIFL has picked 3 mutual funds for you this year

NFO Alert: SBI Mutual Fund launches Fixed Maturity Plan - Series 75 (366 Days). Here's all about it

MF central: Manage accounts with multiple fund houses at one unified platform; Here's how

Holding a number of mutual funds in a number of AMCs is not uncommon. It is, therefore, vital to manage all accounts with ease and comfort

Stock Check: JSW Infra jumps almost 100% from IPO price in 5 months; should you still buy?

Currently trading at around  <span class='webrupee'>₹</span>236, the newly listed JSW Infra has surged almost 100 percent jump from its IPO price of  <span class='webrupee'>₹</span>119 in less than 5 months. Technical and fundamental experts suggest if you should still buy the infra stock.

Axis Mobile App ranks top position on NPS leaderboard

According to a survey, Consumer awareness was most notable for payment platforms such as Paytm, Google Pay, and PhonePe. However, when it comes to Net Promoter Score, Axis Mobile App claims the top position with a score of 59, followed by ICICI Bank's iMobile Pay, and then BHIM.

Weekend Wrap: From Trent to Adani Power, top news and market movers this week: 27 October 2023

The stock market cycle is always a few months ahead of the economic cycle.

From top news makers to market performance, here's the market wrap for the week ended 27 October 2023.

Why rebalancing a portfolio provides a safety net against volatility?

Investing isn't a 'set it and forget it' game.

Rebalancing a portfolio provides a safety net by helping control volatility and minimizing the impact of market downturns, even though it may not always yield higher returns compared to an unbalanced, equity-heavy approach

Why do fund houses levy exit load?

When an investor redeems the mutual fund units, they — at times — have to pay a small fee levied by the fund house. We elaborate the process to calculate this fee, also known as exit load

Topics to follow