The first time I searched what is exit load in mutual fund because I had redeemed some money from a fund and noticed that the amount credited to my bank account was slightly lower than expected. At first, I thought it was a mistake, but after checking the transaction details, I realised a small exit load had been deducted.
If you have ever withdrawn money from a mutual fund and wondered why you received less than the amount shown on your screen, you are not alone. Many investors only discover exit load when they redeem their investment for the first time.
A lot of people ask, “Agar main mutual fund se jaldi paisa nikalun to kya penalty lagegi?” The answer is simple: sometimes yes, sometimes no. It depends on the fund and how long you have stayed invested. Let’s understand it in a simple way.
