You can calculate the total investment in a load fund by adding up or taking the total summation of all the investments due by the end of the fiscal quarter.
To calculate the total investment in a load fund, you multiply the number of shares purchased by the net asset value (NAV) per share. The NAV represents the price of one share of the fund on a given trading day. The result is the total amount of money invested in the load fund.
Load is a term frequently used in the Mutual fund market. This is the amount of money that the fund house would deduct from our investment as fund charges. There are two loads - Entry & Exit loads. Entry load is the amount they deduct when you buy the fund and exit load is the amount they deduct when you exit the fund. A Load fund is one that charges a specified % as the entry or exit load A No Load fund does not charge any entry or exit load A Low Load fund is one that charges very low % of load when compared to others. Ex: If you want to invest Rs. 10,000/- in a fund that charges a 2% entry load and NAV of Rs. 10/- then you will get 980 units because only Rs. 9,800/- would be invested in your name. The remaining Rs. 200 (2%) is the charges the fund house would deduct from your investment.
A fund end load mutual fund Is a fund that charges a sales charge that must be paid when a person buys a investment. This reduces the shares that can be purchased, but its better for long term investment. There are also low front end load fees which are best for short term investors. There are many websites which provide information such as Reliance mutual fund, ICICI, HDFC.
Generally mutual funds charge an entry load of 1-2% of the investment amount everytime an investor makes an investment in their fund. Similarly they charge an exit load of 1-2% when the investor redeems his investment within a certain timeframe. No load funds are those that do not charge either an entry or an exit load.
The redemption price of mutual fund units is the close of business NAV of the mutual fund minus the applicable exit load. Let us say you have 1000 units of a fund that is currently having an NAV of $15 and you have a 0% exit load situation you will be getting $15,000 if you redeem your investment.
Sometimes Yes. Usually fund houses charge an exit load of 1% if you sell your funds before 1 year from date of investment
A load fund is a mutual fund that charges the investor a percentage of the NAV on entry or exit. This charge is decided by the mutual fund provider. The amount is used by the provider for advertising and distribution purposes and is included in the purchase as a sales fee. Additionally, load funds may be differentiated into back-end and front-end funds depending on when the fee is charged. For a back-end fund, the fee is charged when the mutual fund is redeemed and the front load is charged on purchase of the fund. A no-load fund is simply a fund that does not charge any commission or sales charge. This is possible because shares of such funds are distributed directly by the investment company. In the long run, load as well as no-load funds offer similar returns. However, no-load funds do charge a fee if they are redeemed before their maturity.
No load mutual fund means the fund does not charge any type of sales load as the name implies. However, this type of fund may charge fees that are not sales load like purchase fees and redemption fees.
Summation of individual load connected on the board gives the total load. Power (Load ) = Voltage x rated current.
A no load mutual fund is a mutual fund that does not charge a commission or sales charge. This means that you don't have to pay a fee to invest or withdraw your money, and all of your money will go to work in the mutual fund. A no load mutual fund means that there is no or very low fee charge for the fund. These are typically lower than loaded mutual funds.
A no-load mutual fund is one that does not charge a fee to investors. Many mutual funds have a "load" or initial fee, often around 5%, that investors must pay in order to buy in to the fund. No-load mutual funds lack this fee, and earn money for their managers in different ways. Most index funds are no-load funds.
LOAD
AF form 1269