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    Some asset management

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    Some asset management

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    <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"> <HTML><HEAD><META HTTP-EQUIV="Content-Type" CONTENT="text/html; charset=iso-8859-1"> <TITLE>ERROR: The requested URL could not be retrieved</TITLE> <STYLE type="text/css"><!--BODY{background-color:#ffffff;font-family:verdana,sans-serif}PRE{font-family:sans-serif}--></STYLE> </HEAD><BODY> <H1>ERROR</H1> <H2>The requested URL could not be retrieved</H2> <HR noshade size="1px"> <P> While trying to process the request: <PRE> TEXT http://www.scribd.com/titlecleaner?title=Some+Asset+Management+Companies.docx HTTP/1.1 Host: www.scribd.com Proxy-Connection: keep-alive Accept: */* Origin: http://www.scribd.com X-CSRF-Token: 8acf8636362c15f5c166716259976d91da732864 User-Agent: Mozilla/5.0 (Windows NT 6.1; WOW64) AppleWebKit/537.31 (KHTML, like Gecko) Chrome/26.0.1410.64 Safari/537.31 X-Requested-With: XMLHttpRequest Referer: http://www.scribd.com/upload-document?archive_doc=4

    Uploaded by

    Jayati Bhasin
    Some asset management

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    of 1

    Some Asset Management Companies (AMCs) have sales charges, or loads, on their funds (entry load and/or exit

    load) to compensate for distribution costs. Funds that can be purchased without a sales charge are called no-load funds. Entry load is charged at the time an investor purchases the units of a scheme. The entry load percentage is added to the prevailing NAV at the time of allotment of units. Exit load is charged at the time of redeeming (or transferring an investment between schemes). The exit load percentage is deducted from the NAV at the time of redemption (or transfer between schemes). This amount goes to the Asset Management Company and not into the pool of funds of the scheme.

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