Exit Load In Mutual Funds

If you have been investing in mutual funds for any amount of time, you most likely know about exit load. Some mutual funds, typically the equity kind will charge the investors some fees if they exit the fund (redeem investments), before a certain time period. This is done to discourage investors from prematurely exiting the fund. You see, investment in equity is a long journey. You cannot invest today and expect stellar returns in a year. Of course this does not deter some people from having crazy expectations. It takes a long time to build wealth. There will be lots … Continue reading “Exit Load In Mutual Funds”