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Entry load on Mutual fund purchase..????


dear all,
Recently i've invested an amount of Rs.10,000 in Reliance natural resources NFO.
Acoording to recnt mandate by SEBI there is no charge of entry load on applications submitted directly to AMC or its service center. so I've invested in this New fund offer directly, But why I've been charged the entry load of 2.25% on my latest purchase...???

waiting for the reply..

Actually there is a proposal to remove the entry load. But this has not yet been effective. So if u had bought some fund now, then the entry loads are still applicable as specified in the offer document.

check the offer document wether they hav specified entry load or not and then contact the person to whom u gave the application

when purcase from IPO , no entry load.


But for any existing Mf purchase entry load is applicale

Yes, entry load details you can see in the MF document. Its normally 2 to 2.25% depends on the nature of fund and company.

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