Exit load is the fee charged to an investor for exiting and withdrawing the money from a particular scheme within the stipulated time period. Exit load might range from 0.5% - 3% depending on the scheme for any withdrawal before 365 days of the invested amount. Most schemes usually have an exit load of 1% and a stipulated time period of 1 year.
What is ELSS? Print
Modified on: Mon, 1 Jun, 2020 at 4:53 PM
Did you find it helpful?Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.