answersLogoWhite

0

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.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

Where can you find a list of no-load funds with low initial investments?

Morningstar


What is difference between cold load and hot load?

hot load occurs when the power is high and the cold load occurs when yhe power is low


In case of a low balance many ATMs allow you to?

transfer funds between accounts


Does low load in transformer lead to low power factor?

Power factor is determined by the nature (resistive, inductive, capacitive) of a load, not whether it is a low load or a high load.


What is the comparison between titan watches maxima watches?

Both are good but if you want low prices then go for maxima .


What is the definition of a no load mutual fund?

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.


Low priced keyboard?

comparison of musical keyboards


What are the benefits of investing in mutual funds?

Primarily low cost diversification.


Why do real gas laws deviate from. The ideal gas laws at low temperature?

Ideal gases theoretically have no mass, they are single points. Normally the small size (in comparison to the large space between them) of non-ideal gasses is insignificant, however at low temperatures when kinetic energy and the space between particles is low this mass has significant effects.


What are the three major categories of funds?

The three major categories of funds are common stock, bond, and money market


When should a operator raise or lower a load?

The load should always be kept low whenever the forklift is traveling.


Why is India a bad place to live?

I could not get this question exactly, though. Standard of living low in India... low in comparison to which country? India still belongs to the Third World; naturally it is expected to maintain a low standard of living in comparison to the First world countries. If you are talking of other third world countries, India is not faring badly...