Articles - Mutual Fund
What Is Exit Load In Mutual Fund?
When investing in mutual funds, there are usually three kinds of charges that mutual fund companies levy upon investors – Total Expense Ratio (TER), Entry Load and Exit Load.
Mutual funds have become a popular means of investing for the masses, thanks largely to the ease of investing, low ticket size, and relatively lower costs. The investment tool has become ‘go to’ avenue for those that want to get decent returns on equities but do not have time or expertise to manage their own portfolio.
The asset under management (AUM) of a mutual fund scheme is the total market value of all the assets – stocks, bonds, cash, and other securities that are part of the portfolio – that a mutual fund manages on behalf of its investors.