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Old 27th December 2012, 11:44 AM
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Question Calculation Of Exit Load for Mutual Fund SIP?



Assume I invest Rs.1000 on the 1st of January in a mutual fund that charges an exit load of 1% for redemption within 1 year. After 6 months I invest Rs.500 more in the same fund.

Now how much would the exit load be if I opt to redeem in November?

How much would the exit load be if I opt to redeem in February of the next year?

Assume that the NAV remains constant.
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Old 27th December 2012, 12:23 PM
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Originally Posted by dheeraj View Post
Assume I invest Rs.1000 on the 1st of January in a mutual fund that charges an exit load of 1% for redemption within 1 year. After 6 months I invest Rs.500 more in the same fund.

Now how much would the exit load be if I opt to redeem in November?

How much would the exit load be if I opt to redeem in February of the next year?

Assume that the NAV remains constant.
November -> 1% of (1000 + 500)

February -> 1% of 500
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