Front-end and Back End -
September 3rd, 2010
Front-end / Entry load
At the time of investor’s entry into the fund/scheme, by deducting a specific amount from his initial contribution.
A load fund’s declared NAV does not include the loads
Back-end / Exit load
At the time of the investors exit from the fund/scheme, by deducting a specified amount from the redemption proceeds payable to the investor.
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