The repurchase price may be different because of the exit load
Why is there a different sale and repurchase price for the direct plan?
- Ananya Mittal
The difference may be because of the exit load. Mutual funds do not charge an entry load anymore. So their sale price is the Net Asset Value (NAV) of the scheme. The repurchase price could be different because there is an exit load applicable.
This article was originally published on January 14, 2016.
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