Ch.7 · NAV Calculation Rules · easy
What is the 'entry load' and what is its current status in Indian mutual funds?
0% of students got this wrong
EXPLANATION
Entry load was a charge of up to 2.25% deducted from the investment amount at the time of purchase, which was paid as upfront commission to distributors. SEBI abolished entry loads for all open-ended schemes effective August 1, 2009. Since then, investors invest the full amount at NAV with no deduction at entry.
Practising Chapter 7 one question at a time?
Try the full chapter — 80 questions, tracked score, weak area breakdown.