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.
Investors must moderate return expectations, stick to asset allocation: Nilesh Shah
Nilesh Shah of Kotak AMC remains optimistic about consumer discretionary spending, citing tax rebates, reduced EMI burdens, and the upcoming 8th Pay Commission. He favors
June 30, 2025