Archive for the ‘Mutual Funds’ Category
Entry load for mutual funds (MFs) – How SEBIs move positively impacts you
July 23rd, 2009
Mukesh Dedhia
In a welcome move, SEBI has totally abolished the entry load charged by mutual funds (MFs) effective August 1, 2009. Read on to know how this impacts you. This applies to all MF units purchased after 1st August, and in any form: Purchase of units in an existing MF scheme where you don’t hold any units already Purchase of units in an existing MF scheme where you already hold some units. Switch over from one MF scheme to another New MF schemes Systematic Investment Plans (SIP).
So, why is this so great for you? Read on.
