Question

exit load in mutual fund is calculated at the time of​

Answer 1

Answer:

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Explanation:

Exit load in mutual funds is generally a percentage of the Net Asset Value (NAV) of the mutual fund an investor possesses. The Net Asset value is the net value of an entity and is calculated as the entity's assets minus the value of its liabilities.

NAV at the time of redemption: 90

NAV at the time of investment: 100

Exit Load: 1% of (90*300)= 270

Units Bought: 30000/100=300

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Answer 2

Answer:

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