sampathreddy said:
If I opt for RIS from citibank (Regular Investment Scheme), Is this considered as SIP from Fund House (No Entry Load).
However, gone are the good days where we could sign up for an SIP on which no entry load is charged. Except for Sundaram MF and Quantum MF, all the other fund houses have started collecting entry load on SIP investments as well (since 1st of June 2006 if I am not wrong).
Ofcourse these two guys charge heavy exit load (Quantum in particular) if the investment is not retained with them for 2 years from the date of initial buying.
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