On Exit Load Uncertainty

I have recently redeemed my investments in Canara Robeco Income Fund. While the exit load quoted on their website at the time of redemption was 0.50 per cent, they charged me 1 per cent. The same load percentage was quoted on AMFI's website and ICICIDirect.com. Is this not cheating investors?
- Narendra Parmar

This article was originally published on September 08, 2009.