answersLogoWhite

0

In India, it is usually 1 or 2% of the total value if you sell your funds within 1 year from the date of purchase. It is called "Exit Load"

If you sell your funds after holding on to them after alteast a year, then there is no fee.

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

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.


What do they sell in mutual fund stores?

Mutual Fund Products & Investment Advise.


What is a non load mutual fund?

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.


What are mutual fund loads?

Mutual fund loads are when you are charged for a purchase of shares/units. You are also charged an one time sale fee.


Which is the best gold mutual fund for Indian market?

which is the best gold mutual fund in the Indian market? can we purchase and sell online gold mutual fund without any mediator and how?


What is the maximum fee that can be charged on a Debt Mutual Fund?

Type your answer here... 1.25%.


What is an asset management fee?

The Asset Management Company (AMC) as the Investment Manager of the Mutual Fund charges a fee for portfolio management. The fee charged on an annual basis is calculated as a percentage of net assets under management. Reliance Mutual Fund house charges nominal charges as compared to other fund houses.


How many AMC in India?

As of may 2009 there are 38 asset management companies operating in india: 1 AIG Global Investment Group Mutual Fund 2 Baroda Pioneer Mutual Fund 3 Benchmark Mutual Fund 4 Bharti AXA Mutual Fund 5 Birla Sun Life Mutual Fund 6 Canara Robeco Mutual Fund 7 DBS Chola Mutual Fund 8 Deutsche Mutual Fund 9 DSP BlackRock Mutual Fund 10 Edelweiss Mutual Fund 11 Escorts Mutual Fund 12 Fidelity Mutual Fund 13 Fortis Mutual Fund 14 Franklin Templeton Mutual Fund 15 Goldman Sachs Mutual Fund 16 HDFC Mutual Fund 17 HSBC Mutual Fund 18 ICICI Prudential Mutual Fund 19 IDFC Mutual Fund 20 ING Mutual Fund 21 JM Financial Mutual Fund 22 JPMorgan Mutual Fund 23 Kotak Mahindra Mutual Fund 24 LIC Mutual Fund 25 Mirae Asset Mutual Fund 26 Morgan Stanley Mutual Fund 27 PRINCIPAL Mutual Fund 28 Quantum Mutual Fund 29 Reliance Mutual Fund 30 Religare AEGON Mutual Fund 31 Religare Mutual Fund 32 Sahara Mutual Fund 33 SBI Mutual Fund 34 Shinsei Mutual Fund 35 Sundaram BNP Paribas Mutual Fund 36 Tata Mutual Fund 37 Taurus Mutual Fund 38 UTI Mutual Fund


How and where to sell a closed ended mutual fund?

A closed end mutual fund is a mutual fund where the sponsor does not buy or sell additional shares after the original underwriting. The fund shares trade on exchanges like stocks and the price of the closed end fund moves based on demand and supply. Thus, one needs to find a stock broker to which the closed end fund shares can be transferred and then sold.


You wish to invest in mutual funds and am currently doing research into the various terms related to mutual funds Can someone tell you what is a load and no-load fund?

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.


What is a mutual fund with no sales charge?

A mutual fund with no sales charge, often referred to as a no-load mutual fund, does not impose a commission or fee when investors buy or sell shares. This means that all of the investor's money is put to work in the fund, rather than being partially deducted for sales costs. No-load funds typically have lower expense ratios, making them more cost-effective over time. They are often favored by investors looking to minimize fees and maximize returns.


What is a fee only investment advisor's job?

The fee only investment advisor's job is to find investors the best fit for their investment needs. They work with the investor in mind and since they are fee only they do not have the pressure to sell a client on a particular mutual fund, or other investment product, over the other.