Are there any taxes or charges except Capital Gains and Exit Load ?


I have a specific query regarding the Mutual Fund Investment I made.

I bought MF-X at:
Units Purchased: 429.369
NAV when Purchased: 46.58
Total Cost Price: 429.369 * 46.58 = 20000/-

I sold MF-X when the exit load of 1% was applicable at:
Units Sold: 429.369
NAV when Sold:43.53
Exit Load: 1%
NAV post Exit Load: 43.53 - 0.4353 = 43.09
Total Selling Price: 43.09 * 429.369 = 18501.51/-

The AMC sent me only Rs. 18455.51/-

I cannot figure where Rs.46/- (18501.51 - 18455.51 ) were cut by the AMC.

I know the difference amount is small, nonetheless I would like to understand all the charges and taxes that are involved. Any help in explaining the discrepancy will be greatly appreciated.



Active Member
you can verify the NAV one day earlier or one day later. The NAV to be applied depends on the time you submit your form for redemption.

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