InvestorQ : Do gold funds carry entry and exit loads for gold ETFs
Mary Joseph made post

Do gold funds carry entry and exit loads for gold ETFs

Answer
image
1 year ago
Follow
That is absolutely correct! When you buy mutual funds unit through an AMC (unless it is through Direct Mode) or redeem through an AMC, there is an entry load or an exit load levied under specific conditions. However, in case of gold ETFs, being a listed product, there is no entry load or exit load applicable. Of course, like in case of normal shares traded in the market, there will be brokerage costs applicable and that needs to be factored in.
1 Views