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What is a Contingent Deferred Sales Load (CDSL)?

April 26, 2017cdsl Contingent Deferred load sales

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What is a Contingent Deferred Sales Load (CDSL)?

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Contingent Deferred Sales Load (CDSL) is a charge imposed when the units of a fund are redeemed during the first few years of ownership. Under the SEBI Regulations, a fund can charge CDSL to unitholders exiting from the scheme within the first four years of entry.