Exit Load refers to the charges imposed by Mutual Funds on investors when they redeem or sell their units before a specified holding period. The purpose of an exit load is to discourage short-term trading and to protect the interests of long-term investors. The exit load is typically a percentage of the redemption amount, and it is deducted from the redemption proceeds.

Usually, most funds charge an exit load if MF is redeemed within a year of buying. To view the exit load of any scheme on Dhan go to the “Overview” page of any Mutual fund where you will see a “Scheme Snapshot” section. Here under “More” you will be able to view the Exit Load.