Are revised exit loads applicable to old mutual fund investments?

Many investors assume that the current exit load structure of a fund applies to all their investments, but that's not the case. Exit loads are determined by the rules in effect at the time of the original investment. So, if a fund changes its exit load policy, the new structure will not impact older investments. For instance, if you invested when a 1 per cent exit load applied for redemptions within one year, that charge will still apply - even if the fund later removes or reduces the exit load

This article was originally published on October 08, 2024.