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To demotivate the investors from selling their investments before the lock-in period, AMCs levy an additional fee. The fee AMCs charge from the investors at exiting the mutual fund is called an exit load.
By benwane1
33 ratings
To demotivate the investors from selling their investments before the lock-in period, AMCs levy an additional fee. The fee AMCs charge from the investors at exiting the mutual fund is called an exit load.