Question

Sejal invested ₹ 60000 in mutual fund when NAV was ₹ 25 and entry load is 2% ,then the number of units

acquired by her





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Answer 1

Answer:

How is Exit Load Calculated? Exit Load or Exit Fee is a percentage of the Net Asset Value (NAV) of the mutual fund. The amount that is left after deducting the Exit Load from the Net Asset Value of the units redeemed is credited to the investor's account.