Bajaj Finance Limited (“BFL”) is a Non-Banking Financial Company carrying the business of acceptance of deposits, providing lending solutions to Retail & Corporate customers, and is a Corporate agent of various insurance Companies. BFL is also registeredwith the Association of Mutual Funds in India (“AMFI”) as a distributor of third party Mutual Funds (shortly referred as ‘Mutual Funds’).
BFL does NOT:
(i)provide investment advisory services in any manner or form;
(ii)perform risk profiling of the investor;
(iii)carry customized/personalized suitability assessment;
(iv)carry independent research or analysis, including on any Mutual Fund schemes or other investments; and provide any guarantee of return on investment.
In addition to displaying the Mutual fund products of Asset Management Companies, some general information is sourced from third parties, is also displayed on ‘As-is’ basis, which should NOT be construed as any solicitation or attempt to effect transactions in securities or the rendering any investment advice. Mutual Funds are subject to market risks, including loss of principal amount and Investor should read all Scheme /Offer related documents carefully. The NAV of units issued under the Schemes of mutual funds can go up or down depending on the factors and forces affecting capital markets and may also be affected by changes in the general level of interest rates. The NAV of the units issued under the scheme may be affected, inter-alia by changes in the interest rates, trading volumes, settlement periods, transfer procedures and performance of individual securities. The NAV will inter-alia be exposed to Price / Interest Rate Risk and Credit Risk. Past performance of any scheme of the Mutual fund do not indicate the future performance of the Schemes of the Mutual Fund. BFL shall not be responsible or liable for any loss or shortfall incurred by the investors. There may be other / better alternatives to the investment avenues displayed by BFL. Hence, the final investment decision shall at all times exclusively remain with the investor alone and BFL shall not be liable or responsible for any consequences thereof.
Bajaj Finserv Direct Limited, (“BFDL”), a wholly owned subsidiary of Bajaj Finserv Limited (is a Registered with SEBI as an Investment Advisor with Registration no. INA000016083). BFDL enables resident Indian customers to directly invest in third party mutual funds through its online platform. BFDL entered into a referral arrangement with BFL, whereunder, BFL may, without risk or responsibility on its part, refer the resident Indian customers who are interested in placing their investments in Direct Mutual Funds through BFDL online platform. Investment by a person residing outside the territorial jurisdiction of India is not acceptable nor permitted.
Disclaimer on Risk-O-Meter:
Investors are advised before investing to evaluate a scheme not only on the basis of the Product labeling (including the Riskometer) but also on other quantitative and qualitative factors such as performance, portfolio, fund managers, asset manager, etc. and shall also consult their financial advisers, if they are unsure about the suitability of the scheme before investing
FAQs
Exit load meaning in mutual funds, can be understood as a percentage of the Net Asset Value (NAV) of the mutual fund an investor possesses. The Net Asset value is the net value of an entity and is calculated as the entity's assets minus the value of its liabilities.
How to calculate exit load in mutual fund? ›
Suppose you redeem 500 units of a scheme 4 months after your date of purchase. Let us assume that the NAV is Rs 100. The exit load will be = 1% X 500 (number of units) X 100 (NAV) = Rs 500. This amount will be deducted from the redemption proceeds which gets credited to your bank account.
How to avoid exit load in mutual fund? ›
Each SIP installment must complete a period of one year to avoid the exit load. For example, if you have invested through SIP for three years and seek an exit load-free redemption, you must extend your fund's duration by an additional year to become exempt from the exit load.
How do I exit from a mutual fund? ›
Mutual fund products essentially come with two exit options – voluntary exit at any time during the term of the fund or redemption upon maturity or after lock in. A voluntary exit (before or after lock in) may or may not have an exit load attached.
What is the penalty for early withdrawal of mutual funds? ›
If you exit from equity-oriented mutual funds within a year after purchase, your gains will be taxed at a 15 per cent rate. This is known as short-term capital gains tax. However, if you keep an equity mutual fund for more than a year, profits beyond Rs 1 lakh would be taxed at 10 per cent.
What is the best exit load for a mutual fund? ›
The best exit load for a mutual fund is one that is low or non-existent. The exit load is a fee charged by mutual funds when an investor sells or redeems their units before a certain period of time has elapsed. It is usually a percentage of the Net Asset Value (NAV) of the mutual fund units held by investors.
How do you calculate exit value? ›
To calculate your exit value using a multiple of revenue, you simply multiply your annual revenue by a certain number. The multiple can vary depending on the industry, but a common multiple is 4x. This means that if your company has annual revenue of $1 million, your exit value would be $4 million.
Which funds do not have exit load? ›
Top Funds With No Exit Load
| Fund Name (Direct Plan) | AUM (₹) | 1 year Returns (%) |
|---|
| Axis Liquid Fund | 36,518 Cr | 7.38 |
| Baroda BNP Paribas Liquid Fund | 8,973 Cr | 7.36 |
| Edelweiss Liquid Fund | 5,096 Cr | 7.44 |
| ICICI Prudential Liquid Fund | 46,423 Cr | 7.36 |
1 more row3 days ago
When it comes to equity, it is very important that, especially when you are thinking about long-term goals, you want to exit as soon as you have 2-3 years left approaching your goal and there are just 2-3 years to get there.
Can I stop mutual fund in between? ›
You can stop your SIP at any time, depending on your financial goals and needs. Common reasons to stop include achieving your investment objective, financial constraints, or a change in investment strategy.
The rule of 8-4-3 when it comes to compounding indicates a style of investment that accelerates growth with time. Initially, a corpus doubles within 8 years through an average annual return of 12% subsequently another doubling happens for the same period after another 4 years following its initial setting up.
What is the best time to redeem mutual funds? ›
When Should You Consider Redeeming Your Fund Units?
- Below-par Performance By The Mutual Fund. Redeeming your funds just because of temporary market flux is uncalled. ...
- Financial Emergency. ...
- Changes in Strategy. ...
- Financial Goal Completion.
You should plan to hold your mutual funds for at least 5 years. In the short term stock and bond fund prices can be volatile. Yet, over the long term their prices typically go up. The instruments can deliver more stable returns if you increase the holding duration to 10 years or more.
Can I take money out of a mutual fund without penalty? ›
You generally can withdraw money from a mutual fund at any time without penalty. 7 However, if the mutual fund is held in a tax-advantaged account like an IRA, you may face early withdrawal penalties, depending on the type of account and your age at the time.
What happens if you exit mutual funds before 1 year? ›
Usually, exit loads are charged by mutual fund schemes if an investor exits the fund within one year. Let's look at an example. For example, you invest in a scheme that charges a 1% exit load for redemptions within 365 days from the date of purchase.
How much tax will I pay if I cash out my mutual funds? ›
Taxes on Mutual Fund Long-Term Capital Gains – Tax Year 2021 (filed in 2022)
| Status of Filer | Single | Married, Filing Separately |
|---|
| 0% | $0 to $40,400 | $0 to $40,400 |
| 15% | $40,401 to $445,850 | $40,401 to $250,800 |
| 20% | $445,851 and higher | $250,801 and higher |
Mar 14, 2022
Exit multiple is a very simple calculation. It is the total cash out divided by the total cash in. So if you put $50,000 in and got $150,000 back, your exit multiple would be 3X. IRR stands for “internal rate of return” and is a more complicated way of looking at your returns which takes elapsed time into account.
How do you calculate front end load in mutual funds? ›
Front end load is calculated using the formula: Front End Load Fee = Investment Amount x Front End Load Percentage. For example, a 5% load on an INR 100,000 investment results in an INR 5,000 fee.
What is the exit load of gold mutual fund? ›
Exit Load of 1% is payable if Units are redeemed / switched-out within 15 days from the date of allotment.
How do you calculate load fund? ›
The load is calculated as a percentage of the amount that an investor purchases or sells. The investor pays the load, which is used to compensate a broker or investment advisor for their time and skill in selecting an appropriate fund. When a load is paid at the time of purchase, it is referred to as a front-end load.
