Hi,
it feels good to be back. :) I should keep writing more regularly. I shud keep learning regularly. Anyways.... this is to record on my blog that
1) Entry Loads will be abolished from Aug 1,2009 onwards. Hence, many funds have started new schemes with significant entry load in June09 before deadline & some r awaiting approval by SEBI. Investors shud not get carried away by low NAVs of them.
2) Cap on Exit Loads will also be put by SEBI.
I DID NOT UNDERSTAND: How staying invested for long time (3-5 yrs) will save exit loads?
Monday, July 27, 2009
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