Mutual Funds
What is a sales or repurchase/redemption price?
The price or NAV a unitholder is charged while investing in an open-ended scheme is called sales price. It may include sales load, if applicable. Repurchase or redemption price is the price or NAV at which an open-ended scheme purchases or redeems its units from the unitholders . It may include exit load, if applicable.
Advertisement
More from this specialization
- Is the higher net worth of the sponsor a guarantee for better returns?
- Can an investor appoint a nominee for his investment in units of a mutual fund?
- As a unit holder, how much time will it take to receive dividends/repurchase proceeds?
- Can a mutual fund change the asset allocation while deploying funds of investors?
- Is the higher net worth of the sponsor a guarantee for better returns?
- What is Investor Protection Fund (IPF)/ Customer Protection Fund (CPF) at Stock Exchanges?