Mutual Funds
What is Exit Load? — Meaning, Definition & Example
Definition
Exit load is a fee charged by mutual fund companies when you redeem (sell) your units before a specified period. Typically 1% if redeemed within 1 year for equity funds. Liquid funds have graded exit loads for 7 days. No exit load on direct tax-saving ELSS after 3-year lock-in.
💡 Real Example
If you invest ₹1 lakh in an equity fund and redeem after 8 months, you pay 1% exit load = ₹1,000 is deducted from your redemption amount.
🇮🇳 Exit Load in Hindi / हिंदी में
एग्जिट लोड — एग्जिट लोड निर्दिष्ट अवधि से पहले यूनिट रिडीम करने पर म्यूचुअल फंड कंपनी द्वारा लगाया जाने वाला शुल्क है।
Exit Load (Hinglish) — Exit load wo fee hai jo mutual fund company charge karti hai jab aap specified period se pehle units redeem (sell) karte ho. Usually equity funds mein 1 saal ke andar 1% hota hai.
❓ Frequently Asked Questions
What is Exit Load in simple words?
Exit load is a fee charged by mutual fund companies when you redeem (sell) your units before a specified period. Typically 1% if redeemed within 1 year for equity funds. Liquid funds have graded exit loads for 7 days. No exit load on direct tax-saving ELSS after 3-year lock-in.
Can you give an example of Exit Load?
If you invest ₹1 lakh in an equity fund and redeem after 8 months, you pay 1% exit load = ₹1,000 is deducted from your redemption amount.
What is Exit Load meaning in Hindi?
In Hindi, Exit Load is called एग्जिट लोड. एग्जिट लोड निर्दिष्ट अवधि से पहले यूनिट रिडीम करने पर म्यूचुअल फंड कंपनी द्वारा लगाया जाने वाला शुल्क है।