What are the fees applicable for buying Mutual Funds ?
For A-Class shares, there is an up-front fee that is applicable – this fee is displayed to you on screen when you are carrying out the transaction. The amount you wish to invest, plus the fee applicable, is debited from the transaction account chosen by you. For B-Class shares, there is no up-front fee on purchase. However, such units are subject to a fee on redemption (CDSC), the details of which may be obtained from the relevant fund prospectus.
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