Fund Management - 2.00%
Fee paid to the investment company for managing the fund. This includes payment for the fund manager's time and expertise, as well as administrative costs. This fee is already included in the computation of the fund's daily NAVPS and is not charged separately.
Sales Load - from 0.50% to 3.00% of amount invested
Fee paid upon purchase of mutual fund shares and is subject to 12% VAT. This is paid to the brokers/distributors who sell the fund. Load is deducted from the amount to be invested before purchase of shares.
Early Redemption Fee - 1.00% of amount redeeemed
Fee paid for redeeming before the end of the minimum holding period. This covers administrative costs and is deducted from the proceeds after the redemption of shares.