Exit Load definition

Exit Load means Load on repurchase/Redemption of Units.

Exit Load means contingent load, back end load and any other charges as may be applied by Management Company.

Exit Load means the fee as prescribed in Annexure “A” hereto, payable in accordance with Clause 17.3 hereunder.

Examples of Exit Load in a sentence

• The introduction of the Exit Load alongwith the details would be stamped in the acknowledgement slip issued to the investors on submission of the application form and would also be disclosed in the statement of accounts issued after the introduction of such load.

• Exit Load : A charge paid by the investor at the time of exit from the scheme.

• Also, all provisions pertaining to Entry and Exit Load in an STP transaction will be same as applicable for purchase or redemption of investment made through SIP.

• All terms and conditions for SWP, including Exit Load, if any, prevailing in the date of SWP enrolment/registration by the fund shall be levied in the Scheme.

• Exit Load is an amount which is paid by the investor to redeem the units from the scheme.

• The introduction of the Exit Load along with the details may be stamped in the acknowledgement slip issued to the investors on submission of the application form and will also be disclosed in the statement of accounts issued after the introduction of such load.

• Investors wishing to transfer their accumulated unit balance held under discontinued plans and Regular Plan (through lumpsum / systematic investments made with Distributor code) to Direct Plan can switch their investments (subject to applicable Exit Load, if any) to Direct Plan.

• It will be calculated as described below: Redemption Price = Applicable NAV - (Applicable NAV x Exit Load*)* Exit Load, whatever is applicable, will be charged.

• Any imposition or enhancement of Exit Load in the load shall be applicable on prospective investments only.

• No exit load is chargeable in case of switches made between different options of schemes, subject to regulations, the Trustee retains the right to change / impose an Exit Load.

More Definitions of Exit Load

Exit Load means a Load (other than CDSC) charged to the Unit holder on exiting a Scheme of the Mutual Fund (by way of Redemption) based on the period of holding, amount of investment, or any other criteria decided by the AMC.

Exit Load means back end load and any other charges as may be applied by Management Company.

Exit Load means the exit load as set forth in Annexure B of the Agreement.

Exit Load means contingent load, back end load or any other charges as may be

Exit Load means the withdrawal charge/s payable to the Portfolio Manager in accordance with the terms of the Agreement and this Document

Exit Load means contingent/back end load and any other charges as may be applied by Management Company. Contingent/Back End Load shall form part of trust property.