Meaning of Load

When one sell the units of mutual funds there is charge for that, it known as load charge. Some mutual fund plans do not charge any load are called as no load scheme/plans.
I want to know about front load fee and back end load fee in mutual funds.
SEBI banned Entry / Front-end Loads in 2009. So MF schemes do not charge those anymore. Exit / Back-end Loads range from 1 - 2% depending on the scheme. Check the scheme offer document (or KIM forms) for exit loads.

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