Do you know ? ? ?
There is “no entry load” on Mutual Fund investments from 1st August 2009.
when you invest in Mutual Funds thro’ Financial Advisor, so far, there is an entry load of 2.25% ( even for SIP investments). This is up to 31st July.
SEBI, the regulator ruled that there should not be any entry load on investments from 1st August 2009. There will be an exit load of 1% on redemption.
what the investor should do now ?
wait till the deadline and then invest(after 31st July)?
what the Advisor should do now ?
advise the client not to invest in July’09 ?
what the AMCs should do now ?
close the doors and stop accepting the purchases?
what is actually happening ? ? ? ? ? ?
what is right ?
is there any answer ? ? ?
1 comment:
hi
then why MFs or AMCs coming out with new funds with entry load in july?
i agree with you.
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