Multiple choice general knowledge

Exit Load for Mutual fund is exempted when the we hold the shares atleast

  1. 1year

  2. 6 months

  3. 15 months

  4. none
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Exit load is typically waived if mutual fund units are held for more than one year. One year is the standard holding period to avoid exit load charges in many mutual fund schemes, making option A correct.

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