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What are load and why is the charge imposed?
Load is the cost charged to the investor by fund houses for various expenses of their schemes, such as distribution, sales, marketing, and so on.10 Dec 2008
Load is the cost charged to the investor by fund houses for various expenses of their schemes, such as distribution, sales, marketing, and so on. Entry load is the amount charged to the investor at the time of entry into a scheme. The charge to be paid for exit from a scheme is called an Exit Load.