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.
Project Sudarsan: How Sebi is using AI to police finfluencers with 60% of investors trusting their advice
Sebi is stepping up its use of artificial intelligence to monitor misleading financial advice on social media. Its Project Sudarsan tracks unsolicited advice, while Sebi