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Exit Load

The commission or charge paid when an investor exits from a mutual fund. They are basically imposed to discourage withdrawals.

News On Exit Load
Reliance Nippon Life AMC to not charge exit load in vision, growth funds from Oct 3

27-09-2017| Source:Moneycontrol.com

Currently, the open-ended equity schemes levy one percent exit load if investments are redeemed within one year from the date of allotment

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