Frequently Asked Questions

What are loads?

Load is a charge collected by a mutual fund by selling  its  units. It can be levied as an exit load (i.e, the charge is collected when the investor sells back the units). * As per  SEBI circular no. SEBI/IMD/CIR No.4/168230/09 dated June 30, 2009, no entry load will be charged for purchase / additional purchase / switch-in accepted by the Fund with effect from August 1, 2009. Likewise  no entry load will be charged  to applications for registration under Systematic Investment Plan/ Systematic Transfer Plan / Systematic Investment Plan Plus accepted by the Fund with effect from August 1, 2009.

Schemes that do not charge any load are called No Load Schemes.