Unit, Unit holder, Exit load

drnaga

Dr.Naga Rathinam

Exit Load: The charge that is paid by a Unitholder when he redeems Units from the Scheme.

Unit holder: A person who holds Unit(s) of the Scheme.

Exit Load: The interest of the investors in the Scheme, which consists of each Unit representing one undivided share in the assets of the Scheme.
 
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