Detailed Definition
Exit load discourages short holding periods and protects long-term investors from churn costs.
Glossary Term
Exit Load
Fee charged on redemption before a specified period.
Why It Matters
It directly affects net redemption value.
Example
A 1% exit load on a ₹1,00,000 redemption deducts ₹1,000.
Related Guides
Explore More Terms
AUMAlphaAsset AllocationBetaCAGRDiversificationExpense RatioFund ManagerHybrid FundIndex FundLarge CapMid Cap
View glossary index