3 articles
Understanding what is exit load in mutual fund India is crucial for investors. Typically, a 1% exit load applies if units are redeemed within one year, significantly impacting short-term net returns.
NFO churning in India involves distributors repeatedly moving investor funds between New Fund Offers, often incurring significant costs. SEBI's 2024 guidance aims to curb this practice by enhancing disclosure and accountability, protecting investor capital from unnecessary erosion.
NISM V-A Chapter 5 carries 10 marks and details 3 key mutual fund documents: SID, SAI & KIM. Learn SEBI fund categories and exit load rules.