Exit loads are fees charged by mutual fund companies when units are redeemed before a specified period. Aimed at deterring short-term trading and encouraging long-term investments, exit loads protect fund stability and performance. Calculation involves a percentage of the redemption amount and depends on the investment holding period.
Know Your Fund Manager: Daylynn Pinto, Senior Fund Manager – Equity, Bandhan AMC
The article explores the career of a fund manager at Bandhan AMC, discussing their journey from a fresher at UTI Mutual Fund to managing multiple