Ch.5 · SID, SAI and KIM Documents · easy
What is a 'no exit load' period and how is it disclosed in the SID?
0% of students got this wrong
EXPLANATION
Every SID must clearly disclose the holding period after which no exit load is applicable. For example, an equity fund may charge 1% exit load if redeemed within 365 days but zero thereafter. This information is in the load structure section and helps investors plan their exit strategy to avoid unnecessary charges.
Practising Chapter 5 one question at a time?
Try the full chapter — 100 questions, tracked score, weak area breakdown.