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Now that SEBI has announced abolishing entry-loads, can I invest without entry-loads into mutual funds using FundsIndia?

April 26, 2017abolishing announced fundsindia invest Mutual funds sebi

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Now that SEBI has announced abolishing entry-loads, can I invest without entry-loads into mutual funds using FundsIndia?

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Yes, SEBI has scrapped entry loads recently. We are very happy with the move. We were asking SEBI for this for the past nine months, and were communicating regarding this with them all through. SEBI has now also announced that this goes into effect on August 1, 2009. So, investments made through FundsIndia will incur zero entry load charges.