Exit Load Calculator

Exit Load Calculator

Understanding Exit Load

The exit load is a fee charged by a mutual fund when an investor exits the fund before a specified period.

Key Concepts:

  • Investment Amount: The amount of money initially invested in the mutual fund.
  • Exit Load Percentage: The percentage of the investment amount that is charged as a fee upon exit.
  • Redemption Amount: The amount of money received upon redeeming the investment.

How it Works:

The calculator estimates the exit load based on the investment amount, exit load percentage, and redemption amount.

Calculation Formula:

Exit Load = (Investment Amount * Exit Load Percentage) / 100

Net Redemption Amount = Redemption Amount – Exit Load