What costs does one incur while redeeming Mutual Fund units?

BloggingFri Feb 18 2022

Source: What costs does one incur while redeeming Mutual Fund units?

Open-ended Mutual funds allow investors to free-of-charge redeem their units after a set length of time. An exit load is imposed on an investor who intends to redeem his or her units before the end of the specified time. If investors sell their mutual fund investments before completing a set period of time in the fund, they will be charged an exit load.