Does I need to pay Exit load amount when I redeem my mutual fund?


I’m new to mutual funds and started SIP of 30k everymonth via Coin.

I have a quick question. Coin claims that it wont take commission apart from 50rs per month. Does it mean when I redeem my mutual fund does only exit load is applicable on the withdrawal amount ?

And all the mutual funds purchased via Coin are direct mutual funds?


You can check out this post which will clear your doubts.